McGee Scaffolding Contractors Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06143411 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

McGee Scaffolding Contractors Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr K P McGee

Mr L F W McGee

Mr R D McGee

SECRETARY:

Mr K P McGee

REGISTERED OFFICE:

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

BUSINESS ADDRESS:

111 Hesters Way Road

Cheltenham

Gloucestershire

GL51 0RJ

REGISTERED NUMBER:

06143411 (England and Wales)

ACCOUNTANTS:

ARC & Co. Accountants Limited

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

FIXED ASSETS

Tangible assets

4

10,424

13,041

CURRENT ASSETS

Debtors

5

4,035

4,856

Cash at bank

6,837

10,256

10,872

15,112

CREDITORS

Amounts falling due within one year

6

11,839

13,048

NET CURRENT (LIABILITIES)/ASSETS

(967

)

2,064

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,457

15,105

PROVISIONS FOR LIABILITIES

7

1,981

2,478

NET ASSETS

7,476

12,627

CAPITAL AND RESERVES

Called up share capital

8

60

Retained earnings

9

7,416

12,567

SHAREHOLDERS' FUNDS

7,476

12,627

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

Mr K P McGee - Director

1.	STATUTORY INFORMATION

McGee Scaffolding Contractors 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.

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 April 2024

28,122

9,424

334

37,880

Additions

914

-

914

Disposals

(423

)

-

(423

)

At 31 March 2025

28,613

9,424

334

38,371

DEPRECIATION

At 1 April 2024

15,890

8,615

334

24,839

Charge for year

3,286

202

-

3,488

Eliminated on disposal

(380

)

-

(380

)

At 31 March 2025

18,796

8,817

334

27,947

NET BOOK VALUE

At 31 March 2025

9,817

607

-

10,424

At 31 March 2024

12,232

809

-

13,041

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

700

2,760

Other debtors

2,048

-

Social security and other taxes

1,287

2,096

4,035

4,856

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

-

610

Corporation tax

7,479

8,351

VAT

1,970

2,413

Directors' current accounts

690

774

Accrued expenses

1,700

900

11,839

13,048

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

Deferred tax

1,981

2,478

Deferred

tax

£

Balance at 1 April 2024

2,478

Credit to Income Statement during year

(497

)

Balance at 31 March 2025

1,981

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

30

"A" Ordinary

£1

30

"B" Ordinary

£1

30

60

9.

RESERVES

Retained

earnings

£

At 1 April 2024

12,567

Profit for the year

8,849

Dividends

(14,000

)

At 31 March 2025

7,416

10.	RELATED PARTY DISCLOSURES

During the year the director, Mr K P McGee, made net withdrawals from his account of £84. The balance on his account at 31 March 2025 was £690 in credit (2024 - £774).

Also during the year Mr K P McGee received dividends from the company of £14,000 (2024 - £44,000).

11.	ULTIMATE CONTROLLING PARTY

Mr K P McGee is the ultimate controlling party by virtue of his holding all of the company's issued voting share capital.