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Company Registration No. 08894009 (England and Wales)
TSL Scaffolding Services Ltd Unaudited accounts for the year ended 30 June 2024
TSL Scaffolding Services Ltd Unaudited accounts Contents
Page
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TSL Scaffolding Services Ltd Company Information for the year ended 30 June 2024
Director
T S Powell
Company Number
08894009 (England and Wales)
Registered Office
123 Cross Lane East Gravesend Kent DA12 5HA
Accountants
Clayton Stirling 123 Cross Lane East Gravesend Kent DA12 5HA
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TSL Scaffolding Services Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
343,560 
249,741 
Current assets
Debtors
1,177,824 
1,168,973 
Cash at bank and in hand
65,312 
168,773 
1,243,136 
1,337,746 
Creditors: amounts falling due within one year
(260,320)
(188,979)
Net current assets
982,816 
1,148,767 
Total assets less current liabilities
1,326,376 
1,398,508 
Provisions for liabilities
Deferred tax
(65,276)
(62,435)
Net assets
1,261,100 
1,336,073 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,261,099 
1,336,072 
Shareholders' funds
1,261,100 
1,336,073 
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 March 2025 and were signed on its behalf by
T S Powell Director Company Registration No. 08894009
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TSL Scaffolding Services Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
TSL Scaffolding Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 08894009. The registered office is 123 Cross Lane East, Gravesend, Kent, DA12 5HA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance basis
Motor vehicles
20% reducing balance basis
Fixtures & fittings
20% straight line basis
Computer equipment
25% straight line basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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TSL Scaffolding Services Ltd Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 July 2023
153,489 
259,505 
4,771 
317 
418,082 
Additions
140,546 
18,000 
6,869 
283 
165,698 
At 30 June 2024
294,035 
277,505 
11,640 
600 
583,780 
Depreciation
At 1 July 2023
50,034 
115,657 
2,639 
11 
168,341 
Charge for the year
32,600 
37,838 
1,345 
96 
71,879 
At 30 June 2024
82,634 
153,495 
3,984 
107 
240,220 
Net book value
At 30 June 2024
211,401 
124,010 
7,656 
493 
343,560 
At 30 June 2023
103,455 
143,848 
2,132 
306 
249,741 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
5,447 
13,760 
Trade debtors
110,902 
71,340 
Amounts due from group undertakings etc.
1,037,555 
1,055,055 
Accrued income and prepayments
2,149 
1,999 
Other debtors
21,771 
26,819 
1,177,824 
1,168,973 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
967 
23,731 
Other creditors
45,628 
2,609 
Loans from directors
10,898 
9,917 
Accruals
202,827 
152,722 
260,320 
188,979 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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