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REGISTERED NUMBER: 03656306 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30th November 2024

for

Advance Scaffolding (Lancashire) Ltd

Advance Scaffolding (Lancashire) Ltd (Registered number: 03656306)






Contents of the Financial Statements
for the year ended 30th November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Advance Scaffolding (Lancashire) Ltd

Company Information
for the year ended 30th November 2024







DIRECTORS: Mr D Ashmore
Mrs C Ashmore
Mr D Ashmore





SECRETARY: Mrs C Ashmore





REGISTERED OFFICE: Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE





REGISTERED NUMBER: 03656306 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

Advance Scaffolding (Lancashire) Ltd (Registered number: 03656306)

Balance Sheet
30th November 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,672,009 1,906,888

CURRENT ASSETS
Debtors 5 529,814 558,227
Cash at bank 112 1,673
529,926 559,900
CREDITORS
Amounts falling due within one year 6 670,376 871,261
NET CURRENT LIABILITIES (140,450 ) (311,361 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,531,559

1,595,527

CREDITORS
Amounts falling due after more than one
year

7

(167,970

)

(258,401

)

PROVISIONS FOR LIABILITIES (373,770 ) (290,553 )
NET ASSETS 989,819 1,046,573

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 989,719 1,046,473
SHAREHOLDERS' FUNDS 989,819 1,046,573

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

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

The directors acknowledge their 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.

Advance Scaffolding (Lancashire) Ltd (Registered number: 03656306)

Balance Sheet - continued
30th November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st May 2025 and were signed on its behalf by:





Mr D Ashmore - Director


Advance Scaffolding (Lancashire) Ltd (Registered number: 03656306)

Notes to the Financial Statements
for the year ended 30th November 2024

1. STATUTORY INFORMATION

Advance Scaffolding (Lancashire) Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 10% on reducing balance
Motor vehicles - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet and depreciated over their estimated useful lives.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

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.

Advance Scaffolding (Lancashire) Ltd (Registered number: 03656306)

Notes to the Financial Statements - continued
for the year ended 30th November 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 52 (2023 - 57 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st December 2023 4,595,766 265,670 4,861,436
Additions 37,835 84,986 122,821
Disposals (171,935 ) - (171,935 )
At 30th November 2024 4,461,666 350,656 4,812,322
DEPRECIATION
At 1st December 2023 2,741,605 212,943 2,954,548
Charge for year 172,005 13,760 185,765
At 30th November 2024 2,913,610 226,703 3,140,313
NET BOOK VALUE
At 30th November 2024 1,548,056 123,953 1,672,009
At 30th November 2023 1,854,161 52,727 1,906,888

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st December 2023 497,924 39,534 537,458
Additions - 75,986 75,986
Transfer to ownership (192,114 ) - (192,114 )
At 30th November 2024 305,810 115,520 421,330
DEPRECIATION
At 1st December 2023 72,051 23,341 95,392
Charge for year 42,587 6,039 48,626
Transfer to ownership (45,918 ) - (45,918 )
At 30th November 2024 68,720 29,380 98,100
NET BOOK VALUE
At 30th November 2024 237,090 86,140 323,230
At 30th November 2023 425,873 16,193 442,066

Advance Scaffolding (Lancashire) Ltd (Registered number: 03656306)

Notes to the Financial Statements - continued
for the year ended 30th November 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 145,574 137,955
Other debtors 384,240 420,272
529,814 558,227

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,083 63,899
Hire purchase contracts and finance leases (see note 8)
56,763

152,724
Trade creditors 70,736 176,281
Taxation and social security 324,282 211,506
Other creditors 216,512 266,851
670,376 871,261

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts and finance leases (see note 8)
63,151

53,860
Other creditors 104,819 204,541
167,970 258,401

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts Finance leases
2024 2023 2024 2023
£    £    £    £   
Net obligations repayable:
Within one year 33,929 45,339 22,834 107,385
Between one and five years 63,151 26,418 - 27,442
97,080 71,757 22,834 134,827

Non-cancellable operating leases
2024 2023
£    £   
Within one year 13,993 119,287
Between one and five years - 14,992
13,993 134,279

Advance Scaffolding (Lancashire) Ltd (Registered number: 03656306)

Notes to the Financial Statements - continued
for the year ended 30th November 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 2,083 54,497
Other loans 232,487 407,299
Hire purchase contracts and finance leases 119,914 206,584
354,484 668,380

The other loans are secured by a fixed and floating charge over the assets of the company.
The director and company secretary have provided personal guarantees in respect of the other loans.
The bank loan required no security or personal guarantees.

10. RELATED PARTY DISCLOSURES

Advance Scaffolding Solutions Limited is a company related by common control. During the accounting period Advance Scaffolding (Lancashire) Limited loaned Advance Scaffolding Solutions Limited monies, on which no interest is charged by agreement. The balance outstanding on this loan at the accounting period end of £349,104 (2023 - £317,976) is included in other debtors due within one year.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Ashmore.