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REGISTERED NUMBER: 05733763 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

REGAL SCAFFOLDING LTD

REGAL SCAFFOLDING LTD (REGISTERED NUMBER: 05733763)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REGAL SCAFFOLDING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: L J Chandler
L Mayhew





REGISTERED OFFICE: Fort Bridgewood
Maidstone Road
Rochester
Kent
ME1 3DQ





REGISTERED NUMBER: 05733763 (England and Wales)





ACCOUNTANTS: Friend & Grant Ltd
Bryant House
Bryant Road
Strood
Rochester
Kent
ME2 3EW

REGAL SCAFFOLDING LTD (REGISTERED NUMBER: 05733763)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 1,888,894 1,868,273

CURRENT ASSETS
Stocks 26,870 30,378
Debtors 6 1,894,091 1,541,449
1,920,961 1,571,827
CREDITORS
Amounts falling due within one year 7 1,852,762 1,651,210
NET CURRENT ASSETS/(LIABILITIES) 68,199 (79,383 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,957,093

1,788,890

CREDITORS
Amounts falling due after more than one
year

8

(372,981

)

(772,799

)

PROVISIONS FOR LIABILITIES (439,400 ) (427,340 )
NET ASSETS 1,144,712 588,751

CAPITAL AND RESERVES
Called up share capital 300 300
Capital redemption reserve 51 51
Retained earnings 1,144,361 588,400
SHAREHOLDERS' FUNDS 1,144,712 588,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

REGAL SCAFFOLDING LTD (REGISTERED NUMBER: 05733763)

BALANCE SHEET - continued
31 MARCH 2025


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 14 July 2025 and were signed on its behalf by:





L J Chandler - Director


REGAL SCAFFOLDING LTD (REGISTERED NUMBER: 05733763)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Regal Scaffolding Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, including the presentation and disclosure requirements of Section 1A applicable to small companies, and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured as the fair value of the consideration received or receivable from the sale of goods or exchange of services, excluding discounts, rebates, value added tax and other sales taxes.

Rendering of services

The percentage of completion method is used to calculate the revenue recognised at the period end.

Revenue from the rendering of services is recognised when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;
- it is probable that the economic benefits associated with the transaction will flow to the entity;
- the stage of completion of the transaction at the end of the reporting period can be measured reliably; and
- the costs incurred for the transaction and the costs to complete the transaction can be measured reliably.

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.
Coffee shop - 20% on cost
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance and 10% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


REGAL SCAFFOLDING LTD (REGISTERED NUMBER: 05733763)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


3. 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 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 held under finance lease and hire purchase contracts are capitalised in the balance sheet and depreciated over their expected useful lives. The interest element of the leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease.

All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

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.

Employee benefits
The company recognises a provision for annual leave accrued by employees as a result of services rendered in current period, and which employees are entitled to carry forward and use within the next 12 months. The provision is measured at the salary cost payable for the period of absence.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 21 ) .

REGAL SCAFFOLDING LTD (REGISTERED NUMBER: 05733763)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. TANGIBLE FIXED ASSETS
Improvements
Coffee to Plant and
shop property machinery
£    £    £   
COST
At 1 April 2024 21,875 516,524 3,248,637
Additions 1,032 - 315,385
Disposals - - (148,701 )
At 31 March 2025 22,907 516,524 3,415,321
DEPRECIATION
At 1 April 2024 13,018 112,784 1,913,413
Charge for year 4,581 8,157 247,417
Eliminated on disposal - - (135,061 )
At 31 March 2025 17,599 120,941 2,025,769
NET BOOK VALUE
At 31 March 2025 5,308 395,583 1,389,552
At 31 March 2024 8,857 403,740 1,335,224

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 67,922 226,561 99,580 4,181,099
Additions 12,007 - 7,398 335,822
Disposals (9,624 ) (18,445 ) (16,101 ) (192,871 )
At 31 March 2025 70,305 208,116 90,877 4,324,050
DEPRECIATION
At 1 April 2024 45,445 159,338 68,828 2,312,826
Charge for year 8,180 15,962 8,676 292,973
Eliminated on disposal (7,860 ) (15,069 ) (12,653 ) (170,643 )
At 31 March 2025 45,765 160,231 64,851 2,435,156
NET BOOK VALUE
At 31 March 2025 24,540 47,885 26,026 1,888,894
At 31 March 2024 22,477 67,223 30,752 1,868,273

REGAL SCAFFOLDING LTD (REGISTERED NUMBER: 05733763)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 1,136,064 180,735 36,487 1,353,286
Additions 257,916 - - 257,916
Disposals (40,000 ) (13,450 ) - (53,450 )
Transfer to ownership (219,559 ) - (33,643 ) (253,202 )
At 31 March 2025 1,134,421 167,285 2,844 1,304,550
DEPRECIATION
At 1 April 2024 577,494 128,244 22,890 728,628
Charge for year 131,186 12,674 300 144,160
Eliminated on disposal (34,661 ) (11,654 ) - (46,315 )
Transfer to ownership (112,011 ) - (21,245 ) (133,256 )
At 31 March 2025 562,008 129,264 1,945 693,217
NET BOOK VALUE
At 31 March 2025 572,413 38,021 899 611,333
At 31 March 2024 558,570 52,491 13,597 624,658

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,440,151 1,142,195
Other debtors 453,940 399,254
1,894,091 1,541,449

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 437,120 544,370
Hire purchase contracts and finance leases 352,691 271,100
Trade creditors 380,142 319,196
Amounts owed to group undertakings 35,614 35,614
Taxation and social security 542,208 369,438
Other creditors 104,987 111,492
1,852,762 1,651,210

REGAL SCAFFOLDING LTD (REGISTERED NUMBER: 05733763)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 88,711 446,751
Hire purchase contracts and finance leases 284,270 326,048
372,981 772,799

9. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £56,750 (2024 - £95,300).

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
L Mayhew
Balance outstanding at start of year (20,879 ) (19,262 )
Amounts advanced 106,078 88,458
Amounts repaid (90,600 ) (90,075 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (5,401 ) (20,879 )

L J Chandler
Balance outstanding at start of year 115,270 56,293
Amounts advanced 461,215 337,446
Amounts repaid (518,434 ) (278,469 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 58,051 115,270

REGAL SCAFFOLDING LTD (REGISTERED NUMBER: 05733763)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

The loan to the director, L J Chandler, from the company is unsecured, repayable on demand and interest has been charged at the official rate of interest as per HMRC.

The loan from the director, L Mayhew, to the company is unsecured, interest free and repayable on demand.

Within bank loans shown in note 7 & 8 is a mortgage on the property of £79,925 (2024: £93,871) and a bank overdraft of £44,055 (2024: £121,772) which are both secured by way of personal guarantee by the director, L J Chandler.

There is a CBILS loan included within bank loans of £133,333 (2024: £233,333) which is guaranteed by the director, L J Chandler up to £50,000. There is a second CBILS loan included within bank loans of £215,992 (2024: £403,202) which is guaranteed by the directors, L J Chandler & L Mayhew on all sums due.

Within hire purchase contracts in note 7 & 8, are 2 hire purchases of £64,025 (2024: £39,093) which are secured by way of personal guarantee by the director, L J Chandler. There are also 2 hire purchases of £42,731 (2024: £78,836) that are secured by way of a personal guarantee by the director, L Mayhew. There was a fifth hire purchase of £NIL (2024: £12,778) included within hire purchase contracts, that was secured by way of a personal guarantee by the directors, L J Chandler & L Mayhew.

Within finance leases in note 7 & 8, are 2 finance leases of £83,892 (2024: £119,645) that are secured by way of a personal guarantee by the director, L Mayhew. There are also 2 more finance leases of £9,953 (2024: £26,680) included within finance leases, that are secured by way of a personal guarantee by both directors, L J Chandler & L Mayhew.