Registration number: SC551629

Angus Scaffolding Limited

Contents

Statement of Financial Position	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Angus Scaffolding Limited

(Registration number: SC551629)
Statement of Financial Position as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	170,236	190,588
Current assets
Debtors	5	76,157	177,011
Cash at bank and in hand		7,165	12,910
		83,322	189,921
Creditors: Amounts falling due within one year	6	(91,519)	(120,800)
Net current (liabilities)/assets		(8,197)	69,121
Total assets less current liabilities		162,039	259,709
Creditors: Amounts falling due after more than one year	6	(37,028)	(45,760)
Net assets		125,011	213,949
Capital and reserves
Called up share capital		3	3
Retained earnings		125,008	213,946
Shareholders' funds		125,011	213,949

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Income Statement.

Angus Scaffolding Limited

(Registration number: SC551629)
Statement of Financial Position as at 31 December 2024

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

......................................... Mr Andrew McPhee Director

......................................... Mr Andrew McKay Fotheringham Director

......................................... Mr Andrew McKay Fotheringham Jnr Director

Angus Scaffolding Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The Company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Herdhillmuir, Westmuir
Kirriemuir
DD8 5NA

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.

Angus Scaffolding Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% reducing balance
Motor Vehicles	25% reducing balance
Computer Equipment	20% reducing balance

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 13 (2023 - 16).

Angus Scaffolding Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2024	183,491	1,122	99,863	284,476
Additions	1,600	-	17,829	19,429
Disposals	-	-	(15,745)	(15,745)
At 31 December 2024	185,091	1,122	101,947	288,160
Depreciation
At 1 January 2024	53,857	624	39,407	93,888
Charge for the year	19,505	99	16,375	35,979
Eliminated on disposal	-	-	(11,943)	(11,943)
At 31 December 2024	73,362	723	43,839	117,924
Carrying amount
At 31 December 2024	111,729	399	58,108	170,236
At 31 December 2023	129,634	498	60,456	190,588

5

Debtors

Current	2024 £	2023 £
Trade debtors	45,680	141,919
Other debtors	30,477	35,092
	76,157	177,011

Angus Scaffolding Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings		23,748	24,845
Trade creditors		3,030	21,520
Taxation and social security		56,206	47,729
Accruals and deferred income		5,460	5,145
Other creditors		3,075	21,561
		91,519	120,800

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings		37,028	45,760