REGISTERED NUMBER: 07156176 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2025

FOR

SPEEDYS SCAFFOLDING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Bowen

SECRETARY:

REGISTERED OFFICE:

60 Poulton Avenue

Sutton

Surrey

SM1 3PY

REGISTERED NUMBER:

07156176 (England and Wales)

ACCOUNTANTS:

R.T. Cruse

Accountancy Services Limited

15 St Leonards Road

Epsom Downs

Surrey

KT18 5RG

FIXED ASSETS

Tangible assets

4

64,817

48,871

CURRENT ASSETS

Debtors

5

2,378

2,432

Cash at bank

103,353

98,014

105,731

100,446

CREDITORS

Amounts falling due within one year

6

75,081

67,002

NET CURRENT ASSETS

30,650

33,444

TOTAL ASSETS LESS CURRENT LIABILITIES

95,467

82,315

CREDITORS

Amounts falling due after more than one year

7

18,574

22,862

NET ASSETS

76,893

59,453

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

76,892

59,452

76,893

59,453

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 1st September 2025 and were signed by:

G Bowen - Director

1.	STATUTORY INFORMATION

Speedys Scaffolding Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st March 2024

13,940

89,539

-

103,479

Additions

30,073

-

2,122

32,195

At 28th February 2025

44,013

89,539

2,122

135,674

DEPRECIATION

At 1st March 2024

2,090

52,518

-

54,608

Charge for year

6,288

9,255

706

16,249

At 28th February 2025

8,378

61,773

706

70,857

NET BOOK VALUE

At 28th February 2025

35,635

27,766

1,416

64,817

At 29th February 2024

11,850

37,021

-

48,871

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,378

2,432

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,953

5,075

Taxation and social security

616

306

Other creditors

69,512

61,621

75,081

67,002

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

18,574

22,862