1 October 2023 false No description of principal activity Taxfiler 2024.6 09762821business:PrivateLimitedCompanyLtd2023-10-012024-09-30 097628212023-09-30 097628212023-10-012024-09-30 09762821business:AuditExemptWithAccountantsReport2023-10-012024-09-30 09762821business:FilletedAccounts2023-10-012024-09-30 097628212024-09-30 09762821business:Director12023-10-012024-09-30 09762821business:Director22023-10-012024-09-30 09762821business:RegisteredOffice2023-10-012024-09-30 097628212023-09-30 09762821core:WithinOneYear2024-09-30 09762821core:WithinOneYear2023-09-30 09762821core:AfterOneYear2024-09-30 09762821core:AfterOneYear2023-09-30 09762821core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 09762821core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 09762821core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 09762821core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 09762821core:PreviouslyStatedAmount2024-09-30 09762821core:PreviouslyStatedAmount2023-09-30 09762821business:SmallEntities2023-10-012024-09-30 09762821countries:EnglandWales2023-10-012024-09-30 09762821core:PlantMachinery2023-10-012024-09-30 09762821core:MotorVehicles2023-10-012024-09-30 09762821core:FurnitureFittings2023-10-012024-09-30 09762821core:PlantMachinery2023-09-30 09762821core:MotorVehicles2023-09-30 09762821core:FurnitureFittings2023-09-30 09762821core:PlantMachinery2024-09-30 09762821core:MotorVehicles2024-09-30 09762821core:FurnitureFittings2024-09-30 09762821business:Director112023-10-012024-09-30 09762821business:Director112023-09-30 09762821business:Director112024-09-30 09762821business:Director222023-10-012024-09-30 09762821business:Director222023-09-30 09762821business:Director222024-09-30 097628212022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 09762821 (England and Wales)
Valco Scaffolding Ltd Unaudited accounts for the year ended 30 September 2024
Valco Scaffolding Ltd Unaudited accounts Contents
Page
- 2 -
Valco Scaffolding Ltd Company Information for the year ended 30 September 2024
Directors
Mr Daniel Munn Mr Peter Walker
Company Number
09762821 (England and Wales)
Registered Office
T4 Logistics Yard Ground Floor Office Nettlefold Road Cardiff CF24 5HQ
Accountants
Nathan Evans Limited 16 Cambrian Way Marshfield Cardiff CF3 2WB
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Valco Scaffolding Ltd for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Valco Scaffolding Ltd for the year ended 30 September 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Nathan Evans Limited Chartered Accountants 16 Cambrian Way Marshfield Cardiff CF3 2WB 12 August 2025
- 4 -
Valco Scaffolding Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,084 
34,371 
Current assets
Debtors
418,190 
262,415 
Cash at bank and in hand
19,573 
- 
437,763 
262,415 
Creditors: amounts falling due within one year
(132,506)
(88,544)
Net current assets
305,257 
173,871 
Total assets less current liabilities
323,341 
208,242 
Creditors: amounts falling due after more than one year
(79,326)
(89,666)
Net assets
244,015 
118,576 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
243,915 
118,476 
Shareholders' funds
244,015 
118,576 
For the year ending 30 September 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 12 August 2025 and were signed on its behalf by
Mr Daniel Munn Director Company Registration No. 09762821
- 5 -
Valco Scaffolding Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Valco Scaffolding Ltd is a private company, limited by shares, registered in England and Wales, registration number 09762821. The registered office is T4 Logistics Yard Ground Floor Office, Nettlefold Road, Cardiff, CF24 5HQ.
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:
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Fixtures & fittings
25% straight line
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
- 6 -
Valco Scaffolding Ltd Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
283,663 
72,940 
9,434 
366,037 
At 30 September 2024
283,663 
72,940 
9,434 
366,037 
Depreciation
At 1 October 2023
279,296 
43,299 
9,071 
331,666 
Charge for the year
3,033 
12,891 
363 
16,287 
At 30 September 2024
282,329 
56,190 
9,434 
347,953 
Net book value
At 30 September 2024
1,334 
16,750 
- 
18,084 
At 30 September 2023
4,367 
29,641 
363 
34,371 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
156,254 
141,259 
Other debtors
256,436 
121,156 
412,690 
262,415 
Amounts falling due after more than one year
Other debtors
5,500 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
19,892 
5,607 
VAT
56,714 
97,561 
Obligations under finance leases and hire purchase contracts
5,040 
5,040 
Trade creditors
80,206 
34,710 
Taxes and social security
184,634 
94,065 
Other creditors
17,835 
11,123 
Loans from directors
(231,815)
(159,562)
132,506 
88,544 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
10,500 
15,540 
Other creditors
68,826 
74,126 
79,326 
89,666 
- 7 -
Valco Scaffolding Ltd Notes to the Accounts for the year ended 30 September 2024
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr Daniel Munn
Loan
159,562 
41,253 
- 
200,815 
Mr Peter Walker
Loan
- 
31,000 
- 
31,000 
159,562 
72,253 
- 
231,815 
During the year, the company provided directors with interest-free loans.
9
Transactions with related parties
During the year, the company provided a loan to Valco Developments Limited of £5,500 (2023: £nil). Valco Developments Limited is jointly owned by the directors of Valco Scaffolding Ltd.
10
Controlling party
The company was under the control of Mr D Munn during the year. Mr Munn owns 49% of the share capital.
11
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 8 -