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Company Registration No. 11565945 (England and Wales)
Big Red Scaffolding Ltd. Unaudited accounts for the year ended 30 September 2024
Big Red Scaffolding Ltd. Unaudited accounts Contents
Page
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Big Red Scaffolding Ltd. Company Information for the year ended 30 September 2024
Directors
Nicholas John Sevier Roger Steven Sevier
Company Number
11565945 (England and Wales)
Registered Office
POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OX12 8AT ENGLAND
Accountants
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT
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Big Red Scaffolding Ltd. Accountants' report
Accountants' report to the board of directors of Big Red Scaffolding Ltd. on the preparation of the unaudited statutory accounts for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Big Red Scaffolding Ltd. for the year ended 30 September 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Big Red Scaffolding Ltd., as a body, in accordance with the terms of our engagement letter dated 4 April 2019. Our work has been undertaken solely to prepare for your approval the accounts of Big Red Scaffolding Ltd. and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Big Red Scaffolding Ltd. and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Big Red Scaffolding Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Big Red Scaffolding Ltd.. You consider that Big Red Scaffolding Ltd. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Big Red Scaffolding Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT 28 March 2025
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Big Red Scaffolding Ltd. Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
335,386 
253,485 
Current assets
Debtors
111,737 
141,293 
Cash at bank and in hand
90,646 
90,120 
202,383 
231,413 
Creditors: amounts falling due within one year
(50,997)
(152,408)
Net current assets
151,386 
79,005 
Total assets less current liabilities
486,772 
332,490 
Creditors: amounts falling due after more than one year
(131,075)
(58,592)
Provisions for liabilities
Deferred tax
(75,029)
(75,029)
Net assets
280,668 
198,869 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
280,468 
198,669 
Shareholders' funds
280,668 
198,869 
For the year ending 30 September 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 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 of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by
Nicholas John Sevier Director Company Registration No. 11565945
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Big Red Scaffolding Ltd. Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Big Red Scaffolding Ltd. is a private company, limited by shares, registered in England and Wales, registration number 11565945. The registered office is POST OFFICE VAULTS, 4 MARKET PLACE, WANTAGE, OX12 8AT, ENGLAND.
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.
Presentation currency
The accounts are presented in £ sterling.
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
25% reducing balance
Motor vehicles
25% reducing balance
Other tangible fixed assets
6% straight line - scaffold equipment
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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Big Red Scaffolding Ltd. Notes to the Accounts for the year ended 30 September 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
285,869 
160,698 
446,567 
Additions
16,121 
166,189 
182,310 
Disposals
- 
(31,222)
(31,222)
At 30 September 2024
301,990 
295,665 
597,655 
Depreciation
At 1 October 2023
121,336 
71,746 
193,082 
Charge for the year
42,843 
40,003 
82,846 
On disposals
- 
(13,659)
(13,659)
At 30 September 2024
164,179 
98,090 
262,269 
Net book value
At 30 September 2024
137,811 
197,575 
335,386 
At 30 September 2023
164,533 
88,952 
253,485 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
6,592 
243 
Trade debtors
105,145 
141,050 
111,737 
141,293 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,980 
8,196 
Obligations under finance leases and hire purchase contracts
51,261 
59,492 
Trade creditors
7,848 
29,727 
Taxes and social security
(65,941)
37,047 
Loans from directors
49,849 
17,946 
50,997 
152,408 
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Big Red Scaffolding Ltd. Notes to the Accounts for the year ended 30 September 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,043 
12,385 
Obligations under finance leases and hire purchase contracts
126,032 
46,207 
131,075 
58,592 
8
Average number of employees
During the year the average number of employees was 4 (2023: 2).
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