Company registration number 11216584 (England and Wales)
D & B SCAFFOLDING (NORTHERN) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
Affinia
Ground Floor
Swift House
18 Hoffmanns Way
Chelmsford
Essex
CM1 1GU
D & B SCAFFOLDING (NORTHERN) LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 7
D & B SCAFFOLDING (NORTHERN) LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024
31 August 2024
- 1 -
2024
2023
as restated
Notes
£
£
£
£
Fixed assets
Tangible assets
4
1,421,422
1,769,616
Current assets
Debtors
5
2,391,457
2,073,311
Cash at bank and in hand
5,032,263
3,620,338
7,423,720
5,693,649
Creditors: amounts falling due within one year
6
(3,249,686)
(3,085,672)
Net current assets
4,174,034
2,607,977
Total assets less current liabilities
5,595,456
4,377,593
Provisions for liabilities
(279,992)
(355,914)
Net assets
5,315,464
4,021,679
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
5,315,364
4,021,579
Total equity
5,315,464
4,021,679

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 28 August 2025 and are signed on its behalf by:
Mr R Scotney
Director
Company registration number 11216584 (England and Wales)
D & B SCAFFOLDING (NORTHERN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
- 2 -
1
Accounting policies
Company information

D & B Scaffolding (Northern) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 10-12 Mulberry Green, Harlow, Essex, United Kingdom, CM17 0ET.

1.1
Accounting convention

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 are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time that the financial statements were approved, the directors had a reasonable expectation that the company had adequate resources to continue in operational existence for the foreseeable future. Therefore, the directors have continued to adopt the going concern basis of accounting in preparing the financial statements.

 

The directors have considered a period of twelve months following the date of approval of the financial statements, when considering the appropriateness of the adoption of the going concern basis of preparation.

1.3
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 provision of services is recognised in the period in which services are provided in accordance with the stage of completion of the contract when the following conditions are satisfied:

- the amount of turnover can be measured reliably;

- it is probable that consideration due will be received;

- the stage of completion of the contract at the reporting date can be measured reliably, and

- the costs incurred, or to be incurred, can be measured reliably.

Turnover recognised but not billed at the reporting date is treated as amounts recoverable on contracts due within one year.

 

Variable consideration is included in the contract price on the most likely outcome basis but only to the extent that it is highly probable that it will not reverse in the future.

 

When it is probable that total contract costs will exceed total contract revenue, the expected loss is recognised immediately as an expense.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

 

The entity reviews the carrying values of its tangible fixed assets at each reporting date to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the estimated recoverable value of the asset is used to determine the extent of the impairment loss (if any).

D & B SCAFFOLDING (NORTHERN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
1
Accounting policies
(Continued)
- 3 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
at varying rates on cost and at variable rates on reducing balance
Fixtures and fittings
33% straight line
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Cash and cash equivalents

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

1.6
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 of its financial instruments.

 

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are 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, where the 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.

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 company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments 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. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

D & B SCAFFOLDING (NORTHERN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
1
Accounting policies
(Continued)
- 4 -
1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, expect 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

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit or loss in the period the which they relate.

1.11

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.

D & B SCAFFOLDING (NORTHERN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 5 -
2
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 current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
20
19
4
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 September 2023
5,197,846
24,421
622,280
5,844,547
Additions
362,543
-
0
155,995
518,538
Disposals
(39,850)
-
0
(41,500)
(81,350)
At 31 August 2024
5,520,539
24,421
736,775
6,281,735
Depreciation and impairment
At 1 September 2023
3,721,863
23,880
329,188
4,074,931
Depreciation charged in the year
733,220
232
83,134
816,586
Eliminated in respect of disposals
(14,673)
-
0
(16,531)
(31,204)
At 31 August 2024
4,440,410
24,112
395,791
4,860,313
Carrying amount
At 31 August 2024
1,080,129
309
340,984
1,421,422
At 31 August 2023
1,475,983
541
293,092
1,769,616
D & B SCAFFOLDING (NORTHERN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 6 -
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
34,272
61,698
Gross amounts owed by contract customers
1,943,875
2,000,303
Other debtors
413,310
11,310
2,391,457
2,073,311
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
991,684
1,020,814
Amounts owed to group undertakings
100,000
100,000
Taxation and social security
794,145
635,546
Other creditors
1,363,857
1,329,312
3,249,686
3,085,672
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
8
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified.

Senior Statutory Auditor:
Laurence Miles
Statutory Auditor:
Affinia (Chelmsford)
Date of audit report:
28 August 2025
D & B SCAFFOLDING (NORTHERN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 7 -
9
Directors' transactions

Dividends totalling £0 (2023 - £0) were paid in the year in respect of shares held by the company's directors.

The interest rate is 0% (2023 - 0%) and is not an arms length transaction.

 

Description
% Rate
Opening balance
Amounts advanced
Closing balance
£
£
£
Mr G Dobbs
-
-
100,000
100,000
Mr R Scotney
-
-
300,000
300,000
-
400,000
400,000
2024-08-312023-09-01falsefalsefalse28 August 2025CCH SoftwareCCH Accounts Production 2025.200No description of principal activityMr G A DobbsMr R ScotneyUnqualified112165842023-09-012024-08-31112165842024-08-31112165842023-08-3111216584core:PlantMachinery2024-08-3111216584core:FurnitureFittings2024-08-3111216584core:MotorVehicles2024-08-3111216584core:PlantMachinery2023-08-3111216584core:FurnitureFittings2023-08-3111216584core:MotorVehicles2023-08-3111216584core:ShareCapital2024-08-3111216584core:ShareCapital2023-08-3111216584core:RetainedEarningsAccumulatedLosses2024-08-3111216584core:RetainedEarningsAccumulatedLosses2023-08-3111216584core:ShareCapitalOrdinaryShareClass12024-08-3111216584core:ShareCapitalOrdinaryShareClass12023-08-3111216584bus:Director22023-09-012024-08-3111216584core:PlantMachinery2023-09-012024-08-3111216584core:FurnitureFittings2023-09-012024-08-3111216584core:MotorVehicles2023-09-012024-08-31112165842022-09-012023-08-3111216584core:PlantMachinery2023-08-3111216584core:FurnitureFittings2023-08-3111216584core:MotorVehicles2023-08-31112165842023-08-3111216584core:CurrentFinancialInstruments2024-08-3111216584core:CurrentFinancialInstruments2023-08-3111216584bus:OrdinaryShareClass12023-09-012024-08-3111216584bus:OrdinaryShareClass12024-08-3111216584bus:OrdinaryShareClass12023-08-3111216584bus:PrivateLimitedCompanyLtd2023-09-012024-08-3111216584bus:SmallCompaniesRegimeForAccounts2023-09-012024-08-3111216584bus:FRS1022023-09-012024-08-3111216584bus:Audited2023-09-012024-08-3111216584bus:Director12023-09-012024-08-3111216584bus:FullAccounts2023-09-012024-08-31xbrli:purexbrli:sharesiso4217:GBP