1 July 2023 false No description of principal activity Taxfiler 2024.6 10222826business:PrivateLimitedCompanyLtd2023-07-012024-06-30 102228262023-06-30 102228262023-07-012024-06-30 10222826business:AuditExempt-NoAccountantsReport2023-07-012024-06-30 10222826business:FilletedAccounts2023-07-012024-06-30 102228262024-06-30 10222826business:Director22023-07-012024-06-30 10222826business:Director32023-07-012024-06-30 10222826business:RegisteredOffice2023-07-012024-06-30 102228262023-06-30 10222826core:WithinOneYear2024-06-30 10222826core:WithinOneYear2023-06-30 10222826core:AfterOneYear2024-06-30 10222826core:AfterOneYear2023-06-30 10222826core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 10222826core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 10222826core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 10222826core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 10222826core:PreviouslyStatedAmount2024-06-30 10222826core:PreviouslyStatedAmount2023-06-30 10222826business:SmallEntities2023-07-012024-06-30 10222826countries:EnglandWales2023-07-012024-06-30 10222826core:LandBuildings2023-07-012024-06-30 10222826core:PlantMachinery2023-07-012024-06-30 10222826core:MotorVehicles2023-07-012024-06-30 10222826core:FurnitureFittings2023-07-012024-06-30 10222826core:LandBuildings2023-06-30 10222826core:PlantMachinery2023-06-30 10222826core:MotorVehicles2023-06-30 10222826core:FurnitureFittings2023-06-30 10222826core:ComputerEquipment2023-06-30 10222826core:ComputerEquipment2023-07-012024-06-30 10222826core:LandBuildings2024-06-30 10222826core:PlantMachinery2024-06-30 10222826core:MotorVehicles2024-06-30 10222826core:FurnitureFittings2024-06-30 10222826core:ComputerEquipment2024-06-30 10222826core:WithinOneYear2023-07-012024-06-30 10222826business:OrdinaryShareClass12023-07-012024-06-30 10222826business:OrdinaryShareClass12022-07-012023-06-30 102228262022-07-012023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10222826 (England and Wales)
NORTH LONDON SCAFFOLD LTD Unaudited accounts for the year ended 30 June 2024
NORTH LONDON SCAFFOLD LTD Unaudited accounts Contents
Page
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NORTH LONDON SCAFFOLD LTD Company Information for the year ended 30 June 2024
Directors
S Herzka B Margulies
Company Number
10222826 (England and Wales)
Registered Office
RUSSEL LODGE 23A ST. ANDREW'S GROVE LONDON N16 5NF UNITED KINGDOM
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NORTH LONDON SCAFFOLD LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
100 
100 
Fixed assets
Tangible assets
708,849 
815,304 
Current assets
Debtors
830,698 
670,315 
Cash at bank and in hand
- 
2,048 
830,698 
672,363 
Creditors: amounts falling due within one year
(1,100,848)
(1,027,212)
Net current liabilities
(270,150)
(354,849)
Total assets less current liabilities
438,799 
460,555 
Creditors: amounts falling due after more than one year
(55,499)
(74,285)
Provisions for liabilities
Deferred tax
(91,000)
(109,371)
Net assets
292,300 
276,899 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
292,200 
276,799 
Shareholders' funds
292,300 
276,899 
For the year ending 30 June 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 9 June 2025 and were signed on its behalf by
B Margulies Director Company Registration No. 10222826
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NORTH LONDON SCAFFOLD LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
NORTH LONDON SCAFFOLD LTD is a private company, limited by shares, registered in England and Wales, registration number 10222826. The registered office is RUSSEL LODGE, 23A ST. ANDREW'S GROVE, LONDON, N16 5NF, UNITED KINGDOM.
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:
Land & buildings
10% straight line
Plant & machinery
10% straight line
Motor vehicles
25% reducing balance
Fixtures & fittings
25% Straight line
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.
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.
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NORTH LONDON SCAFFOLD LTD Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 July 2023
100,603 
1,262,173 
506,996 
78,599 
833 
1,949,204 
Additions
- 
97,918 
7,300 
- 
- 
105,218 
At 30 June 2024
100,603 
1,360,091 
514,296 
78,599 
833 
2,054,422 
Depreciation
At 1 July 2023
20,120 
747,230 
316,065 
49,652 
833 
1,133,900 
Charge for the year
10,060 
136,009 
49,558 
16,046 
- 
211,673 
At 30 June 2024
30,180 
883,239 
365,623 
65,698 
833 
1,345,573 
Net book value
At 30 June 2024
70,423 
476,852 
148,673 
12,901 
- 
708,849 
At 30 June 2023
80,483 
514,943 
190,931 
28,947 
- 
815,304 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
418,881 
331,626 
Other debtors
411,817 
338,689 
830,698 
670,315 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,352 
- 
Trade creditors
414,256 
461,544 
Taxes and social security
98,274 
76,361 
Other creditors
578,216 
478,307 
Accruals
5,750 
11,000 
1,100,848 
1,027,212 
Other creditors includes £145,086 (2023: £100,595) owed to companies with a director in common with the company and £11,906 (2023: 11,906) to a director of the company.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
55,499 
74,285 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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NORTH LONDON SCAFFOLD LTD Notes to the Accounts for the year ended 30 June 2024
9
Transactions with related parties
Other creditors includes £145,086 (2023: £100,595) owed to companies with a director in common with the company and £11,906 (2023: 11,906) to a director of the company.
10
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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