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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
Page
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Precision Scaffolding Ltd Company Information for the year ended 31 July 2024
Director
Mr G Pincombe
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
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Precision Scaffolding Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
291,741 
243,203 
Current assets
Inventories
1,000 
1,000 
Debtors
95,448 
93,160 
Cash at bank and in hand
1,666 
13,179 
98,114 
107,339 
Creditors: amounts falling due within one year
(217,605)
(176,600)
Net current liabilities
(119,491)
(69,261)
Net assets
172,250 
173,942 
Capital and reserves
Called up share capital
100 
100 
Share premium
(22,500)
- 
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
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Precision Scaffolding Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
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.
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 
Depreciation
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 
Net book value
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 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
62,827 
64,913 
Other debtors
14,196 
10,863 
77,023 
75,776 
Amounts falling due after more than one year
Other debtors
18,425 
17,384 
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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 
VAT
1,651 
(19,259)
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)
Other creditors
- 
40,544 
Loans from directors
35,972 
30,390 
Accruals
1,500 
1,100 
217,605 
176,600 
7
Average number of employees
During the year the average number of employees was 12 (2023: 12).
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