Silverfin false false 31/01/2025 01/02/2024 31/01/2025 J Glynn 03/12/2008 S Glynn 03/12/2008 A J Glynn 31/05/2024 03/12/2008 A M Glynn 06/04/2016 J M Glynn 24 April 2025 The principal activity of the Company during the financial year was the renting of scaffolding equipment and provision of scaffolding services. 06765113 2025-01-31 06765113 bus:Director1 2025-01-31 06765113 bus:Director2 2025-01-31 06765113 bus:Director3 2025-01-31 06765113 bus:Director4 2025-01-31 06765113 2024-01-31 06765113 core:CurrentFinancialInstruments 2025-01-31 06765113 core:CurrentFinancialInstruments 2024-01-31 06765113 core:Non-currentFinancialInstruments 2025-01-31 06765113 core:Non-currentFinancialInstruments 2024-01-31 06765113 core:ShareCapital 2025-01-31 06765113 core:ShareCapital 2024-01-31 06765113 core:RetainedEarningsAccumulatedLosses 2025-01-31 06765113 core:RetainedEarningsAccumulatedLosses 2024-01-31 06765113 core:LandBuildings 2024-01-31 06765113 core:OtherPropertyPlantEquipment 2024-01-31 06765113 core:LandBuildings 2025-01-31 06765113 core:OtherPropertyPlantEquipment 2025-01-31 06765113 bus:OrdinaryShareClass1 2025-01-31 06765113 bus:OrdinaryShareClass2 2025-01-31 06765113 bus:OrdinaryShareClass3 2025-01-31 06765113 bus:OrdinaryShareClass4 2025-01-31 06765113 2024-02-01 2025-01-31 06765113 bus:FilletedAccounts 2024-02-01 2025-01-31 06765113 bus:SmallEntities 2024-02-01 2025-01-31 06765113 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 06765113 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 06765113 bus:Director1 2024-02-01 2025-01-31 06765113 bus:Director2 2024-02-01 2025-01-31 06765113 bus:Director3 2024-02-01 2025-01-31 06765113 bus:Director4 2024-02-01 2025-01-31 06765113 bus:Director5 2024-02-01 2025-01-31 06765113 core:LandBuildings core:TopRangeValue 2024-02-01 2025-01-31 06765113 core:OtherPropertyPlantEquipment 2024-02-01 2025-01-31 06765113 2023-02-01 2024-01-31 06765113 core:LandBuildings 2024-02-01 2025-01-31 06765113 core:CurrentFinancialInstruments 2024-02-01 2025-01-31 06765113 core:Non-currentFinancialInstruments 2024-02-01 2025-01-31 06765113 bus:OrdinaryShareClass1 2024-02-01 2025-01-31 06765113 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 06765113 bus:OrdinaryShareClass2 2024-02-01 2025-01-31 06765113 bus:OrdinaryShareClass2 2023-02-01 2024-01-31 06765113 bus:OrdinaryShareClass3 2024-02-01 2025-01-31 06765113 bus:OrdinaryShareClass3 2023-02-01 2024-01-31 06765113 bus:OrdinaryShareClass4 2024-02-01 2025-01-31 06765113 bus:OrdinaryShareClass4 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06765113 (England and Wales)

TONY GLYNN SCAFFOLDING LIMITED

Unaudited Financial Statements
For the financial year ended 31 January 2025
Pages for filing with the registrar

TONY GLYNN SCAFFOLDING LIMITED

Unaudited Financial Statements

For the financial year ended 31 January 2025

Contents

TONY GLYNN SCAFFOLDING LIMITED

BALANCE SHEET

As at 31 January 2025
TONY GLYNN SCAFFOLDING LIMITED

BALANCE SHEET (continued)

As at 31 January 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 3 235,703 193,193
235,703 193,193
Current assets
Stocks 850 800
Debtors 4 117,925 130,441
Cash at bank and in hand 40,631 5,434
159,406 136,675
Creditors: amounts falling due within one year 5 ( 115,724) ( 110,098)
Net current assets 43,682 26,577
Total assets less current liabilities 279,385 219,770
Creditors: amounts falling due after more than one year 6 ( 14,823) ( 19,922)
Provision for liabilities ( 32,321) ( 20,101)
Net assets 232,241 179,747
Capital and reserves
Called-up share capital 7 12 12
Profit and loss account 232,229 179,735
Total shareholders' funds 232,241 179,747

For the financial year ending 31 January 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Tony Glynn Scaffolding Limited (registered number: 06765113) were approved and authorised for issue by the Board of Directors on 24 April 2025. They were signed on its behalf by:

J M Glynn
Director
TONY GLYNN SCAFFOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2025
TONY GLYNN SCAFFOLDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Tony Glynn Scaffolding Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Farthings Spicerscombe, Aveton Gifford, Kingsbridge, TQ7 4NE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Land and buildings 50 years straight line
Plant and machinery etc. 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 9 9

3. Tangible assets

Land and buildings Plant and machinery etc. Total
£ £ £
Cost
At 01 February 2024 118,425 328,846 447,271
Additions 1,454 75,045 76,499
Disposals 0 ( 24,844) ( 24,844)
At 31 January 2025 119,879 379,047 498,926
Accumulated depreciation
At 01 February 2024 2,354 251,724 254,078
Charge for the financial year 2,378 30,299 32,677
Disposals 0 ( 23,532) ( 23,532)
At 31 January 2025 4,732 258,491 263,223
Net book value
At 31 January 2025 115,147 120,556 235,703
At 31 January 2024 116,071 77,122 193,193

4. Debtors

2025 2024
£ £
Trade debtors 46,315 55,724
Other debtors 71,610 74,717
117,925 130,441

5. Creditors: amounts falling due within one year

2025 2024
£ £
Bank loans and overdrafts 28,704 38,756
Trade creditors 0 425
Taxation and social security 78,829 67,666
Obligations under finance leases and hire purchase contracts 4,563 0
Other creditors 3,628 3,251
115,724 110,098

The hire purchase liability is secured over the asset to which it relates.

6. Creditors: amounts falling due after more than one year

2025 2024
£ £
Bank loans 3,796 19,922
Obligations under finance leases and hire purchase contracts 11,027 0
14,823 19,922

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
5 Ordinary A shares of £ 1.00 each 5 5
1 Ordinary B share of £ 1.00 1 1
5 Ordinary C shares of £ 1.00 each 5 5
1 Ordinary D share of £ 1.00 1 1
12 12

8. Related party transactions

Transactions with the entity's directors

2025 2024
£ £
Opening balance 52,101 68,145
Advances to director 107,715 101,445
Repayments by director (111,300) (117,489)
Closing balance 48,516 52,101

Director's loan account on which interest is charged at a rate of 2.25%.