REGISTERED NUMBER: 12264287 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Davis & Barrett Scaffolding Contractors

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

W Barrett

L Davis

Mrs K Barrett

Mrs H Davis

L W Tucker

REGISTERED OFFICE:

Unit 14

Creech Mills

Creech St Michael

Taunton

Somerset

TA3 5PX

REGISTERED NUMBER:

12264287 (England and Wales)

ACCOUNTANTS:

A C Mole LLP

Stafford House

Blackbrook Park Avenue

Taunton

Somerset

TA1 2PX

FIXED ASSETS

Tangible assets

4

1,206,230

1,064,426

CURRENT ASSETS

Stocks

16,156

26,182

Debtors

5

389,381

337,549

Cash at bank

39,661

124,786

445,198

488,517

CREDITORS

Amounts falling due within one year

6

388,997

286,730

NET CURRENT ASSETS

56,201

201,787

TOTAL ASSETS LESS CURRENT LIABILITIES

1,262,431

1,266,213

PROVISIONS FOR LIABILITIES

301,558

266,107

NET ASSETS

960,873

1,000,106

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

960,773

1,000,006

960,873

1,000,106

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 6 October 2025 and were signed on its behalf by:

W Barrett - Director

1.	STATUTORY INFORMATION

Davis & Barrett Scaffolding Contractors 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 as modified by the revaluation of certain assets.

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 etc

-

25% on reducing balance, 20% on reducing balance and NIL %

Scaffolding equipment is stated at cost and is not depreciated. Previously depreciation was charged at 20% reducing balance but on the basis that the equipment is counted on a regular basis and continues to be fully utilised within the business, the policy has been revisited and depreciation is no longer considered to be appropriate. This is a change in accounting policy and as a result a prior year adjustment has arisen, see note 5 . Scaffolding equipment is reviewed regularly for any impairment and any impairment is recognised accordingly.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Operating lease commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 31 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Office

Motor

Scaffolding

machinery

equipment

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2024

-

10,376

146,696

980,297

1,137,369

Additions

3,950

1,633

-

365,900

371,483

At 31 January 2025

3,950

12,009

146,696

1,346,197

1,508,852

DEPRECIATION

At 1 February 2024

-

2,384

70,559

-

72,943

Charge for year

790

1,924

19,036

207,929

229,679

At 31 January 2025

790

4,308

89,595

207,929

302,622

NET BOOK VALUE

At 31 January 2025

3,160

7,701

57,101

1,138,268

1,206,230

At 31 January 2024

-

7,992

76,137

980,297

1,064,426

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

328,274

265,916

Amounts owed by participating interests

-

31,011

Other debtors

58,285

40,622

386,559

337,549

Amounts falling due after more than one year:

Other debtors

2,822

-

Aggregate amounts

389,381

337,549

Other debtors above include an amount of £4,181 due from both Mr Barrett and Mr Davis, directors of the company.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

35,372

39,515

Amounts owed to participating interests

265,718

94,229

Taxation and social security

61,192

119,536

Other creditors

26,715

33,450

388,997

286,730

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £120,000 were paid to the directors .

Mr W Barrett and Mr L Davis own 43% of the issued ordinary share capital of C&M Holdings Limited which, in turn, holds 100% of the issued ordinary share capital of Davis & Barrett Brickwork Contractors Limited, a company registered in England.

During the year, the company provided services totalling £597,909 (2024: £1,050,097) to Davis & Barrett Brickwork Contractors Limited, which were at arms length and under normal trade terms. As at 31 January 2025 trade debtors include an amount of £49,547 (2024: £136,278) and debtors also include an amount of £nil (2024: £4,232) due from Davis & Barrett Brickwork Contractors Limited.

The company also incurred recharged costs totalling £45,971 (2024: £93,247) from Davis & Barrett Brickwork Contractors Limited which were at arms length and under normal trading terms. At the year end, trade creditors include an amount of £13,084 (2024: £8,473) due to Davis & Barrett Brickwork Contractors Limited..

As at the year end, the company owed Davis and Barrett Business Management Ltd, another company 100% owned by C&M Holdings Group Limited £94,229 (2024: £94,229).

Except for the above, there were no other related party transactions which require disclosing under FRS 102 Schedule 1A.