1 March 2024 false No description of principal activity Taxfiler 2024.6 10628651business:PrivateLimitedCompanyLtd2024-03-012025-02-28 106286512024-02-29 106286512024-03-012025-02-28 10628651business:AuditExempt-NoAccountantsReport2024-03-012025-02-28 10628651business:FilletedAccounts2024-03-012025-02-28 106286512025-02-28 10628651business:Director12024-03-012025-02-28 10628651business:Director22024-03-012025-02-28 10628651business:RegisteredOffice2024-03-012025-02-28 106286512024-02-29 10628651core:WithinOneYear2025-02-28 10628651core:WithinOneYear2024-02-29 10628651core:AfterOneYear2025-02-28 10628651core:AfterOneYear2024-02-29 10628651core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 10628651core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 10628651core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 10628651core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 10628651core:PreviouslyStatedAmount2025-02-28 10628651core:PreviouslyStatedAmount2024-02-29 10628651business:SmallEntities2024-03-012025-02-28 10628651countries:EnglandWales2024-03-012025-02-28 10628651core:PlantMachinery2024-03-012025-02-28 10628651core:PlantMachinery2024-02-29 10628651core:PlantMachinery2025-02-28 106286512023-03-012024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 10628651 (England and Wales)
Innovate Scaffolding LTD Unaudited accounts for the year ended 28 February 2025
Innovate Scaffolding LTD Unaudited accounts Contents
Page
- 2 -
Innovate Scaffolding LTD Company Information for the year ended 28 February 2025
Directors
Daniel Joseph Madeleine Southam
Company Number
10628651 (England and Wales)
Registered Office
Flat 5 Pasture House, Milk Churn Way Woolmer Green Herts SG3 6FL
Accountants
GEM Accountancy 62B Great North Road Welwyn Garden City Welwyn Garden City Herts AL8 7TL
- 3 -
Innovate Scaffolding LTD Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
168,672 
132,509 
Current assets
Debtors
42,654 
30,518 
Cash at bank and in hand
45,699 
64,800 
88,353 
95,318 
Creditors: amounts falling due within one year
(16,698)
(31,261)
Net current assets
71,655 
64,057 
Total assets less current liabilities
240,327 
196,566 
Creditors: amounts falling due after more than one year
(48,183)
(53,470)
Net assets
192,144 
143,096 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
192,142 
143,094 
Shareholders' funds
192,144 
143,096 
For the year ending 28 February 2025 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 30 May 2025 and were signed on its behalf by
Daniel Joseph Director Company Registration No. 10628651
- 4 -
Innovate Scaffolding LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Innovate Scaffolding LTD is a private company, limited by shares, registered in England and Wales, registration number 10628651. The registered office is Flat 5 Pasture House,, Milk Churn Way, Woolmer Green, Herts, SG3 6FL.
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.
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
18% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2024
164,786 
Additions
36,163 
At 28 February 2025
200,949 
Depreciation
At 1 March 2024
32,277 
At 28 February 2025
32,277 
Net book value
At 28 February 2025
168,672 
At 29 February 2024
132,509 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
3,779 
6,096 
Trade debtors
22,783 
24,422 
Other debtors
16,092 
- 
42,654 
30,518 
- 5 -
Innovate Scaffolding LTD Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
6,000 
6,000 
Taxes and social security
9,848 
14,354 
Other creditors
- 
4,789 
Loans from directors
- 
5,268 
Accruals
850 
850 
16,698 
31,261 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
48,183 
53,470 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 6 -