REGISTERED NUMBER: 03915827 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

ADMIRAL SCAFFOLDING GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTOR:

T Withers

SECRETARY:

T Withers

REGISTERED OFFICE:

65 Weir Road

London

SW19 8UG

REGISTERED NUMBER:

03915827 (England and Wales)

ACCOUNTANTS:

Russell & Co

Station House

Station Approach

East Horsley

Leatherhead

Surrey

KT24 6QX

FIXED ASSETS

Tangible assets

4

363,870

395,235

CURRENT ASSETS

Debtors

5

4,952,890

1,716,966

Cash at bank and in hand

2,413

7,060

4,955,303

1,724,026

CREDITORS

Amounts falling due within one year

6

6,061,255

3,278,540

NET CURRENT LIABILITIES

(1,105,952

)

(1,554,514

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(742,082

)

(1,159,279

)

CAPITAL AND RESERVES

Called up share capital

3,554

3,554

Share premium

697,746

697,746

Revaluation reserve

7

432,221

432,221

Retained earnings

(1,875,603

)

(2,292,800

)

SHAREHOLDERS' FUNDS

(742,082

)

(1,159,279

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 30 September 2025 and were signed by:

A Withers - Director

1.	STATUTORY INFORMATION

Admiral Scaffolding Group 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.

Freehold property

-

5% on reducing balance

Equipment

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Pension costs and other post-retirement benefits

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

Equipment

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

550,667

51,262

772

3,731

606,432

DEPRECIATION

At 1 January 2024

167,645

39,671

579

3,302

211,197

Charge for year

19,152

11,591

193

429

31,365

At 31 December 2024

186,797

51,262

772

3,731

242,562

NET BOOK VALUE

At 31 December 2024

363,870

-

-

-

363,870

At 31 December 2023

383,022

11,591

193

429

395,235

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

2,359,969

248,674

Amounts owed by group undertakings

2,483,702

1,361,665

Other debtors

109,219

106,627

4,952,890

1,716,966

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

31,214

37,197

Trade creditors

4,439,619

2,020,236

Amounts owed to group undertakings

1,328,775

902,661

Taxation and social security

(2,770

)

(18,012

)

Other creditors

264,417

336,458

6,061,255

3,278,540

7.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

432,221

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Russell & Co

Station House

Station Approach

East Horsley

Leatherhead

Surrey

KT24 6QX

Date: .............................................