REGISTERED NUMBER: 11729462 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

L&N SCAFFOLDING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L W BARFIELD

MRS L D BARFIELD

REGISTERED OFFICE:

62 STAKES ROAD

PURBROOK

WATERLOOVILLE

Hampshire

PO7 5NT

REGISTERED NUMBER:

11729462 (England and Wales)

ACCOUNTANTS:

Landi Accounting Limited

62 Stakes Road

Purbrook

Waterlooville

Hampshire

PO7 5NT

FIXED ASSETS

Intangible assets

4

6,000

7,200

Tangible assets

5

12,744

23,412

18,744

30,612

CURRENT ASSETS

Debtors

6

13,443

18,362

Cash at bank

28,453

22,643

41,896

41,005

CREDITORS

Amounts falling due within one year

7

51,212

59,226

NET CURRENT LIABILITIES

(9,316

)

(18,221

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,428

12,391

CREDITORS

Amounts falling due after more than one year

8

8,938

12,188

NET ASSETS

490

203

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

488

201

SHAREHOLDERS' FUNDS

490

203

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 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 29 September 2025 and were signed on its behalf by:

L W BARFIELD - Director

1.	STATUTORY INFORMATION

L&N SCAFFOLDING 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on cost

Motor vehicles

-

25% on cost

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 2 (2023 - NIL ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

12,000

AMORTISATION

At 1 January 2024

4,800

Charge for year

1,200

At 31 December 2024

6,000

NET BOOK VALUE

At 31 December 2024

6,000

At 31 December 2023

7,200

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

18,000

32,750

-

50,750

Additions

-

-

1,399

1,399

At 31 December 2024

18,000

32,750

1,399

52,149

DEPRECIATION

At 1 January 2024

13,347

13,991

-

27,338

Charge for year

3,600

8,187

280

12,067

At 31 December 2024

16,947

22,178

280

39,405

NET BOOK VALUE

At 31 December 2024

1,053

10,572

1,119

12,744

At 31 December 2023

4,653

18,759

-

23,412

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

9,415

14,220

Other debtors

4,028

4,142

13,443

18,362

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

709

2,550

Taxation and social security

12,231

12,025

Other creditors

38,272

44,651

51,212

59,226

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

8,938

12,188

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

8,938

12,188