REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
FOR |
RBS SCAFFOLDING LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 |
FOR |
RBS SCAFFOLDING LTD |
RBS SCAFFOLDING LTD (REGISTERED NUMBER: 03753002) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 30 September 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
RBS SCAFFOLDING LTD |
COMPANY INFORMATION |
for the year ended 30 September 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
10 St Ann Street |
Salisbury |
Wiltshire |
SP1 2DN |
BANKERS: |
Po Box 1000 |
Totton |
Southampton |
Hampshire |
BX1 1LT |
RBS SCAFFOLDING LTD (REGISTERED NUMBER: 03753002) |
BALANCE SHEET |
30 September 2024 |
30.9.24 | 30.9.23 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
Debtors | 4 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
The director acknowledges her responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the director and authorised for issue on |
RBS SCAFFOLDING LTD (REGISTERED NUMBER: 03753002) |
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 30 September 2024 |
1. | STATUTORY INFORMATION |
RBS Scaffolding Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Parent company |
RBS Scaffolding Ltd is a wholly owned subsidiary of Robden Holdings Ltd whose registered office is Wessex Gate, Moorside Road, Winchester, Hampshire SO23 7RX. |
Revenue recognition |
Revenue is measured at the fair value of the consideration received or receivable for the erection, hire and dismantling of scaffolding. |
Revenue is recognised on the provision of the services once the scaffold has been erected and the period of hire commences, at which time the significant risks and rewards have passed to the customer. |
Profit is recognised on long term contracts when the final outcome can be assessed with reasonable certainty by including turnover and related costs within the profit and loss account dependant on the stage of completion of the contract at the balance sheet date. |
Government grants |
Government grants are recorded on an accruals basis. |
Stocks |
The company holds consumables associated with its trade and as these are not subject to physical obsolescence they are valued at cost. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
RBS SCAFFOLDING LTD (REGISTERED NUMBER: 03753002) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 30 September 2024 |
2. | ACCOUNTING POLICIES - continued |
Debtors |
Debtors do not carry any right to interest and are stated at their nominal value. Appropriate allowances for estimated recoverable amounts are recognised in the profit and loss account when there is objective evidence that the asset is impaired. |
Cash |
There comprise cash at bank and other short-term highly liquid bank balances. |
Creditors |
Creditors are not interest bearing and are stated at their nominal value. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.24 | 30.9.23 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Amounts recoverable on contract |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.24 | 30.9.23 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to the directors subsisted during the years ended 30 September 2024 and 30 September 2023: |
30.09.24 | 30.09.23 |
£ | £ |
Director |
Balance outstanding at the start of the year | 24,009 | 23,325 |
Amounts advanced | 368 | 684 |
Amount repaid | (24,377 | ) | - |
Balance outstanding at the end of the year | - | 24,009 |
30.09.24 | 30.09.23 |
£ | £ |
Director |
Balance outstanding at the start of the year | 17,448 | 3,693 |
Amounts advanced | 3,655 | 13,755 |
Amount repaid | (21,103 | ) | - |
Balance outstanding at the end of the year | - | 17,448 |
The loans are repayable on demand and subject to interest at commercial rates. |