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REGISTERED NUMBER: 01090213 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SEVERNSIDE SCAFFOLDING LIMITED

SEVERNSIDE SCAFFOLDING LIMITED (REGISTERED NUMBER: 01090213)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SEVERNSIDE SCAFFOLDING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: A R Morley





REGISTERED OFFICE: Morley House
Llanthony Road
Gloucester
Gloucestershire
GL2 5HL





REGISTERED NUMBER: 01090213 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

SEVERNSIDE SCAFFOLDING LIMITED (REGISTERED NUMBER: 01090213)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 128,378 135,891

CURRENT ASSETS
Debtors 5 138,303 399,190
Cash at bank 8,354 23,201
146,657 422,391
CREDITORS
Amounts falling due within one year 6 139,643 360,835
NET CURRENT ASSETS 7,014 61,556
TOTAL ASSETS LESS CURRENT
LIABILITIES

135,392

197,447

CREDITORS
Amounts falling due after more than one
year

7

(29,041

)

(10,032

)

PROVISIONS FOR LIABILITIES (27,751 ) (22,307 )
NET ASSETS 78,600 165,108

CAPITAL AND RESERVES
Called up share capital 25,000 25,000
Retained earnings 53,600 140,108
SHAREHOLDERS' FUNDS 78,600 165,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SEVERNSIDE SCAFFOLDING LIMITED (REGISTERED NUMBER: 01090213)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 April 2025 and were signed by:





A R Morley - Director


SEVERNSIDE SCAFFOLDING LIMITED (REGISTERED NUMBER: 01090213)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Severnside Scaffolding Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is the total amount receivable by the company for goods supplied and services provided during the year exclusive of VAT and trade discounts.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery- 50% and 20% on cost
Motor vehicles - 25% on reducing balance

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors and inter company loans.

Trade debtors and trade creditors are measured at the undiscounted amount of the cash expected to be paid or received.

Inter company loans are repayable on demand.

Investments are measured at fair value at the end of the year.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


SEVERNSIDE SCAFFOLDING LIMITED (REGISTERED NUMBER: 01090213)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 24 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2023 194,054 260,766 454,820
Additions - 51,200 51,200
Disposals (42,694 ) (19,123 ) (61,817 )
At 30 September 2024 151,360 292,843 444,203
DEPRECIATION
At 1 October 2023 143,085 175,844 318,929
Charge for year 21,601 20,435 42,036
Eliminated on disposal (39,357 ) (5,783 ) (45,140 )
At 30 September 2024 125,329 190,496 315,825
NET BOOK VALUE
At 30 September 2024 26,031 102,347 128,378
At 30 September 2023 50,969 84,922 135,891

Motor vehicles with a carrying amount of £68,714 (2023 - £30,349) have been pledged as security for the related hire purchase liabilities.

SEVERNSIDE SCAFFOLDING LIMITED (REGISTERED NUMBER: 01090213)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 129,885 356,091
Other debtors - 36,869
VAT 1,507 -
Prepayments 6,911 6,230
138,303 399,190

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 14,518 19,809
Trade creditors 66,605 174,517
Corporation Tax - 10,857
Social security and other taxes 15,970 18,777
VAT - 14,774
Other creditors 20,844 111,715
Accrued expenses 21,706 10,386
139,643 360,835

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 29,041 10,032