IRIS Accounts Production v25.1.4.42 SC187329 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC1873292023-09-30SC1873292024-09-30SC1873292023-10-012024-09-30SC1873292022-09-30SC1873292022-10-012023-09-30SC1873292023-09-30SC187329ns15:Scotland2023-10-012024-09-30SC187329ns14:PoundSterling2023-10-012024-09-30SC187329ns10:Director12023-10-012024-09-30SC187329ns10:PrivateLimitedCompanyLtd2023-10-012024-09-30SC187329ns10:SmallEntities2023-10-012024-09-30SC187329ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-30SC187329ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-30SC187329ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-30SC187329ns10:FullAccounts2023-10-012024-09-30SC187329ns10:Director22023-10-012024-09-30SC187329ns10:Director32023-10-012024-09-30SC187329ns10:Director42023-10-012024-09-30SC187329ns10:RegisteredOffice2023-10-012024-09-30SC187329ns5:CurrentFinancialInstruments2024-09-30SC187329ns5:CurrentFinancialInstruments2023-09-30SC187329ns5:Non-currentFinancialInstruments2024-09-30SC187329ns5:Non-currentFinancialInstruments2023-09-30SC187329ns5:ShareCapital2024-09-30SC187329ns5:ShareCapital2023-09-30SC187329ns5:RetainedEarningsAccumulatedLosses2024-09-30SC187329ns5:RetainedEarningsAccumulatedLosses2023-09-30SC18732912023-10-012024-09-30SC187329ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-10-012024-09-30SC187329ns5:LeaseholdImprovements2023-10-012024-09-30SC187329ns5:PlantMachinery2023-10-012024-09-30SC187329ns5:FurnitureFittings2023-10-012024-09-30SC187329ns5:MotorVehicles2023-10-012024-09-30SC187329ns5:ComputerEquipment2023-10-012024-09-30SC187329ns5:LandBuildings2023-09-30SC187329ns5:LeaseholdImprovements2023-09-30SC187329ns5:PlantMachinery2023-09-30SC187329ns5:LandBuildings2023-10-012024-09-30SC187329ns5:LandBuildings2024-09-30SC187329ns5:LeaseholdImprovements2024-09-30SC187329ns5:PlantMachinery2024-09-30SC187329ns5:LandBuildings2023-09-30SC187329ns5:LeaseholdImprovements2023-09-30SC187329ns5:PlantMachinery2023-09-30SC187329ns5:FurnitureFittings2023-09-30SC187329ns5:MotorVehicles2023-09-30SC187329ns5:ComputerEquipment2023-09-30SC187329ns5:FurnitureFittings2024-09-30SC187329ns5:MotorVehicles2024-09-30SC187329ns5:ComputerEquipment2024-09-30SC187329ns5:FurnitureFittings2023-09-30SC187329ns5:MotorVehicles2023-09-30SC187329ns5:ComputerEquipment2023-09-30SC187329ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-30SC187329ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-10-012024-09-30SC187329ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-09-30SC187329ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-30SC187329ns5:CostValuation2023-09-30SC187329ns5:AdditionsToInvestments2024-09-30SC187329ns5:RevaluationsIncreaseDecreaseInInvestments2024-09-30SC187329ns5:CostValuation2024-09-30SC187329ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-30SC187329ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30SC187329ns5:DeferredTaxation2023-09-30SC187329ns5:DeferredTaxation2023-10-012024-09-30SC187329ns5:DeferredTaxation2024-09-30
REGISTERED NUMBER: SC187329 (Scotland)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

J R Scaffold Services Limited

J R Scaffold Services Limited (Registered number: SC187329)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J R Scaffold Services Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: J Horne
Mrs A Horne
Mrs K Conway
J Jack





REGISTERED OFFICE: 505 Great Western Road
GLASGOW
G12 8HN





REGISTERED NUMBER: SC187329 (Scotland)





ACCOUNTANTS: The Kelvin Partnership Ltd
Chartered Accountants
The Cooper Building
505 Great Western Road
Glasgow
G12 8HN

J R Scaffold Services Limited (Registered number: SC187329)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 735,297 915,864
Investments 5 1,536,768 1,129,658
2,272,065 2,045,522

CURRENT ASSETS
Stocks 37,332 204,947
Debtors 6 442,467 531,170
Cash at bank 1,434,207 749,478
1,914,006 1,485,595
CREDITORS
Amounts falling due within one year 7 1,031,109 910,758
NET CURRENT ASSETS 882,897 574,837
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,154,962

2,620,359

CREDITORS
Amounts falling due after more than one
year

8

(279,090

)

(166,169

)

PROVISIONS FOR LIABILITIES 9 (168,059 ) (132,612 )
NET ASSETS 2,707,813 2,321,578

J R Scaffold Services Limited (Registered number: SC187329)

Balance Sheet - continued
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,707,713 2,321,478
SHAREHOLDERS' FUNDS 2,707,813 2,321,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2025 and were signed on its behalf by:





J Horne - Director


J R Scaffold Services Limited (Registered number: SC187329)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

J R Scaffold Services Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 ,the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland and the Companies Act 2006

The accounts are prepared in sterling, which is the functional currency of the group. Monetary amounts in these financial statements are rounded to the nearest pound.

The accounts have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. These policies have been consistently applied to all periods presented

Critical accounting judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the Directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both the current and future periods

Turnover
Turnover is the amount receivable for the provision of goods and services falling within the company's ordinary activities, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - not provided
Improvements to property - 10% on cost
Plant and machinery - 20% on cost and 10% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

J R Scaffold Services Limited (Registered number: SC187329)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all its financial instruments.

Financial instruments are recognized in the company's financial statements when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are only offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets
Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors and loans are initially recognised at transaction price and are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.


J R Scaffold Services Limited (Registered number: SC187329)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Investments
Investments held as fixed assets are stated at cost less provision for any diminution in value.

Provisions
Provisions are recognised where a legal or constructive obligation has been incurred which will probably lead to an outflow of resources that can be reasonably estimated. Provisions are recorded for the estimated ultimate liability that is expected to arise, taking into account the time value of money where material.

A contingent liability is disclosed where the existence of the obligation will only be confirmed by future events, or where the amount of the obligation cannot be measured with reasonable reliability. Contingent assets are not recognised but are disclosed where an inflow of economic benefits is probable

J R Scaffold Services Limited (Registered number: SC187329)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investment with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowing in current liabilities

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 68 (2023 - 63 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 October 2023 100,000 146,865 3,305,496
Additions - - 61,092
At 30 September 2024 100,000 146,865 3,366,588
DEPRECIATION
At 1 October 2023 - 116,396 2,809,297
Charge for year - 9,539 202,073
At 30 September 2024 - 125,935 3,011,370
NET BOOK VALUE
At 30 September 2024 100,000 20,930 355,218
At 30 September 2023 100,000 30,469 496,199

J R Scaffold Services Limited (Registered number: SC187329)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 51,132 455,214 41,310 4,100,017
Additions - 123,451 1,400 185,943
At 30 September 2024 51,132 578,665 42,710 4,285,960
DEPRECIATION
At 1 October 2023 45,068 173,495 39,897 3,184,153
Charge for year 3,203 150,712 983 366,510
At 30 September 2024 48,271 324,207 40,880 3,550,663
NET BOOK VALUE
At 30 September 2024 2,861 254,458 1,830 735,297
At 30 September 2023 6,064 281,719 1,413 915,864

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023 394,934
Additions 62,291
At 30 September 2024 457,225
DEPRECIATION
At 1 October 2023
and 30 September 2024 152,774
NET BOOK VALUE
At 30 September 2024 304,451
At 30 September 2023 242,160

J R Scaffold Services Limited (Registered number: SC187329)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 October 2023 1,129,658
Additions 120,000
Revaluations 287,110
At 30 September 2024 1,536,768
NET BOOK VALUE
At 30 September 2024 1,536,768
At 30 September 2023 1,129,658

Cost or valuation at 30 September 2024 is represented by:

Other
investments
£   
Valuation in 2022 1,093,210
Valuation in 2023 120,000
Valuation in 2023 (83,552 )
Valuation in 2024 407,110
1,536,768

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 393,295 514,369
Other debtors 49,172 16,801
442,467 531,170

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 230,623 371,543
Trade creditors 225,201 172,175
Amounts owed to group undertakings - 82,360
Taxation and social security 367,270 195,330
Other creditors 208,015 89,350
1,031,109 910,758

J R Scaffold Services Limited (Registered number: SC187329)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 279,090 166,169

9. PROVISIONS FOR LIABILITIES
30.9.24 30.9.23
£    £   
Deferred tax 168,059 132,612

Deferred
tax
£   
Balance at 1 October 2023 132,612
Charge to Income Statement during year 35,447
Balance at 30 September 2024 168,059

10. RELATED PARTY DISCLOSURES

At 30 September 2024 £95,790 (2023 - £82,660) was due to JR Construction (Scotland) Limited ,
and is included in creditors.

During the year the company sold goods and services to the value of £623,366 (2023 - £895,047) to
JR Construction (Scotland) Ltd.

During the year the company sold goods and services to the value of £nil (2023 - £1,758) to
JR Specialist Services Ltd.

During the year, rent of £37,017 (2023 - £34,100) was paid into the pension fund of the directors
Mr & Mrs Horne.

11. ULTIMATE CONTROLLING PARTY

In the opinion of the Director's they both share equal control of the Company.