London & South Scaffolding Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 7108988

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		181,217		225,608

			181,217		225,608
CURRENT ASSETS
Stocks	5	35,260		98,835
Debtors	6	287,543		422,301
Cash at bank and in hand		1,087,571		610,904

		1,410,374		1,132,040
Creditors: Amounts Falling Due Within One Year	7	(255,753 )		(203,783 )

NET CURRENT ASSETS (LIABILITIES)			1,154,621		928,257

TOTAL ASSETS LESS CURRENT LIABILITIES			1,335,838		1,153,865

Creditors: Amounts Falling Due After More Than One Year	8		(78,183 )		(96,918 )

NET ASSETS			1,257,655		1,056,947

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			1,257,654		1,056,946

SHAREHOLDERS' FUNDS			1,257,655		1,056,947

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London & South Scaffolding Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Gary Peck

Director

01/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

London & South Scaffolding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 7108988 . The registered office is 117 Dartford Rd, Dartford, DA1 3EN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing Blanace Basis
Motor Vehicles	25% Reducing Blanace Basis
Computer Equipment	25% Reducing Blanace Basis

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2023: 8)

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London & South Scaffolding Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	191,525	434,744	2,069	628,338
Additions	-	15,995	-	15,995

As at 31 December 2024	191,525	450,739	2,069	644,333

Depreciation
As at 1 January 2024	173,954	226,862	1,914	402,730
Provided during the period	4,392	55,956	38	60,386

As at 31 December 2024	178,346	282,818	1,952	463,116

Net Book Value
As at 31 December 2024	13,179	167,921	117	181,217

As at 1 January 2024	17,571	207,882	155	225,608

5. Stocks

	2024	2023
	£	£
Materials	35,260	98,835

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	281,196	418,113
Other debtors	584	-
VAT	5,763	4,188

	287,543	422,301

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	70,163	99,448
Bank loans and overdrafts	17,985	26,882
Corporation tax	130,020	39,014
Other taxes and social security	37,216	37,945
Other creditors	369	494

	255,753	203,783

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London & South Scaffolding Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Long term finance	78,183	3,933
Bank loan	-	92,985

	78,183	96,918

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1	1

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