Company Registration No. 12131419 (England and Wales)
Precision Scaffolding Ltd
Unaudited accounts
for the year ended 31 July 2024
Precision Scaffolding Ltd
Unaudited accounts
Contents
Precision Scaffolding Ltd
Company Information
for the year ended 31 July 2024
Company Number
12131419 (England and Wales)
Registered Office
North Devon Accounts Ltd
4 Cross Tree Centre
Caen Street
Braunton
Devon
EX33 1AA
England
Accountants
North Devon Accounts
4 Cross Tree Centre
Caen Street
Braunton
Devon
EX33 1AA
Precision Scaffolding Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
291,741
243,203
Cash at bank and in hand
1,666
13,179
Creditors: amounts falling due within one year
(217,605)
(176,600)
Net current liabilities
(119,491)
(69,261)
Net assets
172,250
173,942
Called up share capital
100
100
Profit and loss account
194,650
173,842
Shareholders' funds
172,250
173,942
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 6 June 2025 and were signed on its behalf by
Mr G Pincombe
Director
Company Registration No. 12131419
Precision Scaffolding Ltd
Notes to the Accounts
for the year ended 31 July 2024
Precision Scaffolding Ltd is a private company, limited by shares, registered in England and Wales, registration number 12131419. The registered office is North Devon Accounts Ltd, 4 Cross Tree Centre, Caen Street, Braunton, Devon, EX33 1AA, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
252,876
77,488
1,840
285
332,489
Additions
43,076
57,432
-
783
101,291
At 31 July 2024
295,952
134,920
1,840
1,068
433,780
At 1 August 2023
65,225
23,679
331
51
89,286
Charge for the year
29,595
22,706
331
121
52,753
At 31 July 2024
94,820
46,385
662
172
142,039
At 31 July 2024
201,132
88,535
1,178
896
291,741
At 31 July 2023
187,651
53,809
1,509
234
243,203
Amounts falling due within one year
Trade debtors
62,827
64,913
Other debtors
14,196
10,863
Amounts falling due after more than one year
Other debtors
18,425
17,384
Precision Scaffolding Ltd
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,333
6,098
Obligations under finance leases and hire purchase contracts
87,913
51,175
Trade creditors
59,540
66,562
Taxes and social security
23,696
(10)
Loans from directors
35,972
30,390
7
Average number of employees
During the year the average number of employees was 12 (2023: 12).