IRIS Accounts Production v25.1.4.42 04917873 Board of Directors 1.11.23 31.10.24 31.10.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh049178732023-10-31049178732024-10-31049178732023-11-012024-10-31049178732022-10-31049178732022-11-012023-10-31049178732023-10-3104917873ns15:EnglandWales2023-11-012024-10-3104917873ns14:PoundSterling2023-11-012024-10-3104917873ns10:Director12023-11-012024-10-3104917873ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3104917873ns10:SmallEntities2023-11-012024-10-3104917873ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3104917873ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3104917873ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3104917873ns10:FullAccounts2023-11-012024-10-3104917873ns10:Director22023-11-012024-10-3104917873ns10:CompanySecretary12023-11-012024-10-3104917873ns10:RegisteredOffice2023-11-012024-10-3104917873ns5:CurrentFinancialInstruments2024-10-3104917873ns5:CurrentFinancialInstruments2023-10-3104917873ns5:Non-currentFinancialInstruments2024-10-3104917873ns5:Non-currentFinancialInstruments2023-10-3104917873ns5:ShareCapital2024-10-3104917873ns5:ShareCapital2023-10-3104917873ns5:RetainedEarningsAccumulatedLosses2024-10-3104917873ns5:RetainedEarningsAccumulatedLosses2023-10-3104917873ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3104917873ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3104917873ns5:Secured2024-10-3104917873ns5:Secured2023-10-31
REGISTERED NUMBER: 04917873 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

HIGH-TEK SCAFFOLDING (BOURNEMOUTH) LTD

HIGH-TEK SCAFFOLDING (BOURNEMOUTH) LTD (REGISTERED NUMBER: 04917873)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HIGH-TEK SCAFFOLDING (BOURNEMOUTH) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2024







DIRECTORS: M M Gibbins
J S Gibbins





SECRETARY: M G Gibbins





REGISTERED OFFICE: Office 5 Drewitt House
865 Ringwood Road
Bournemouth
Dorset
BH11 8LL





REGISTERED NUMBER: 04917873 (England and Wales)





ACCOUNTANTS: Cook & Partners Limited
Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

HIGH-TEK SCAFFOLDING (BOURNEMOUTH) LTD (REGISTERED NUMBER: 04917873)

BALANCE SHEET
31ST OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 439,526 439,526

CURRENT ASSETS
Debtors 5 3,908 100
Cash at bank 4,444 1,336
8,352 1,436
CREDITORS
Amounts falling due within one year 6 5,370 -
NET CURRENT ASSETS 2,982 1,436
TOTAL ASSETS LESS CURRENT
LIABILITIES

442,508

440,962

CREDITORS
Amounts falling due after more than one
year

7

440,862

440,862
NET ASSETS 1,646 100

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,546 -
1,646 100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2024.

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

HIGH-TEK SCAFFOLDING (BOURNEMOUTH) LTD (REGISTERED NUMBER: 04917873)

BALANCE SHEET - continued
31ST OCTOBER 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th June 2025 and were signed on its behalf by:





M M Gibbins - Director


HIGH-TEK SCAFFOLDING (BOURNEMOUTH) LTD (REGISTERED NUMBER: 04917873)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024

1. STATUTORY INFORMATION

High-Tek Scaffolding (Bournemouth) 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.

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 UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going Concern Justification
The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31st October 2024 have been prepared using the going concern basis of accounting.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Prior period error
The comparative period has been restated due to an accounting error in the valuation of the investment property.

3. EMPLOYEES AND DIRECTORS

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

HIGH-TEK SCAFFOLDING (BOURNEMOUTH) LTD (REGISTERED NUMBER: 04917873)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st November 2023
and 31st October 2024 439,526
NET BOOK VALUE
At 31st October 2024 439,526
At 31st October 2023 439,526

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,908 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 363 -
Other creditors 5,007 -
5,370 -

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 312,862 312,862
Other creditors 128,000 128,000
440,862 440,862

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 312,862 312,862

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 312,862 312,862