Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2023 1 January 2022 false 1 April 2023 31 March 2024 31 March 2024 08817338 Mr David Kington Mr Steven Myatt Mr Steven Myatt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08817338 2023-03-31 08817338 2024-03-31 08817338 2023-04-01 2024-03-31 08817338 frs-core:CurrentFinancialInstruments 2024-03-31 08817338 frs-core:MotorVehicles 2024-03-31 08817338 frs-core:MotorVehicles 2023-04-01 2024-03-31 08817338 frs-core:MotorVehicles 2023-03-31 08817338 frs-core:PlantMachinery 2024-03-31 08817338 frs-core:PlantMachinery 2023-04-01 2024-03-31 08817338 frs-core:PlantMachinery 2023-03-31 08817338 frs-core:ShareCapital 2024-03-31 08817338 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08817338 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08817338 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08817338 frs-bus:SmallEntities 2023-04-01 2024-03-31 08817338 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08817338 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08817338 frs-bus:Director1 2023-04-01 2024-03-31 08817338 frs-bus:Director2 2023-04-01 2024-03-31 08817338 frs-bus:Director3 2023-04-01 2024-03-31 08817338 frs-countries:EnglandWales 2023-04-01 2024-03-31 08817338 2021-12-31 08817338 2023-03-31 08817338 2022-01-01 2023-03-31 08817338 frs-core:CurrentFinancialInstruments 2023-03-31 08817338 frs-core:ShareCapital 2023-03-31 08817338 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08817338
Kington Scaffold Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Angel Accounting Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08817338
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 40,748 20,753
40,748 20,753
CURRENT ASSETS
Stocks 5 5,217 -
Debtors 6 42,021 44,126
Cash at bank and in hand 41,351 47,434
88,589 91,560
Creditors: Amounts Falling Due Within One Year 7 (4,320 ) (4,320 )
NET CURRENT ASSETS (LIABILITIES) 84,269 87,240
TOTAL ASSETS LESS CURRENT LIABILITIES 125,017 107,993
NET ASSETS 125,017 107,993
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 125,015 107,991
SHAREHOLDERS' FUNDS 125,017 107,993
For the year ending 31 March 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David Kington
Director
17/12/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Kington Scaffold Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08817338 . The registered office is 18 Irving Road, Solihull, Birmingham, B92 9DQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: )
3 -
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2023 51,462 18,670 70,132
Additions - 19,995 19,995
As at 31 March 2024 51,462 38,665 90,127
Depreciation
As at 1 April 2023 35,084 14,295 49,379
As at 31 March 2024 35,084 14,295 49,379
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 March 2024 16,378 24,370 40,748
As at 1 April 2023 16,378 4,375 20,753
5. Stocks
31 March 2024 31 March 2023
£ £
Materials 5,217 -
6. Debtors
31 March 2024 31 March 2023
£ £
Due within one year
Trade debtors 7,291 24,146
VAT 938 966
Other taxes and social security 28,983 11,060
Directors' loan accounts 4,809 7,954
42,021 44,126
7. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 March 2023
£ £
Trade creditors 4,320 4,320
8. Share Capital
31 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3