Horton Scaffolding Limited - Filleted accounts

Registered number

04541033

Horton Scaffolding Limited

Report and Accounts

31 March 2025

Horton Scaffolding Limited
Registered number:		04541033
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		114,720			33,920

Current assets
Debtors	5	95,580			144,461
Cash at bank and in hand		196,879			271,221
		292,459			415,682

Creditors: amounts falling due within one year	6	(44,892)			(116,303)

Net current assets			247,567			299,379

Total assets less current liabilities			362,287			333,299

Creditors: amounts falling due after more than one year	7		(71,904)			-



Net assets			290,383			333,299

Capital and reserves
Called up share capital			10,000			10,000
Profit and loss account			280,383			323,299

Shareholders' funds			290,383			333,299

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr R Smith
Director
Approved by the board on 24 September 2025

Horton Scaffolding Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Motor Vehicles	over 4 years
	Fixtures, fittings, tools and equipment	over 10 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			10		9


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2024					15,000
	At 31 March 2025					15,000

	Amortisation
	At 1 April 2024					15,000
	At 31 March 2025					15,000

	Net book value
	At 31 March 2025					-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	317,003		110,769		427,772
	Additions	12,502		92,671		105,173
	Disposals	-		(31,398)		(31,398)
	At 31 March 2025	329,505		172,042		501,547

	Depreciation
	At 1 April 2024	284,080		109,772		393,852
	Charge for the year	5,330		19,043		24,373
	On disposals	-		(31,398)		(31,398)
	At 31 March 2025	289,410		97,417		386,827

	Net book value
	At 31 March 2025	40,095		74,625		114,720
	At 31 March 2024	32,923		997		33,920


5	Debtors			2025		2024
£					£

	Trade debtors			81,797		142,793
	Other debtors			13,783		1,668
				95,580		144,461


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Taxation and social security costs			(374)		68,946
	Other creditors			45,266		47,357
				44,892		116,303


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			71,904		-


8	Related party transactions

	Mr R Smith has extended a loan of £39,856 to the company (2023: £29,439). This loan is interest-free and has no set date for repayment.


9	Controlling party

	Mr R Smith and Mrs S Smith are considered to be the controlling parties by virtue of their shareholdings.


10	Other information

	Horton Scaffolding Limited is a private company limited by shares and incorporated in England. Its registered office is:
	50 Dinorben Avenue
	Fleet
	Hampshire
	GU52 7SH