REGISTERED NUMBER: 14102308 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Gainsborough Scaffolding Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G Anderson

REGISTERED OFFICE:

c/o ABC Accounting Services

1 Willoughton Place

Wharton Close

Gainsborough

Lincolnshire

DN21 1EB

REGISTERED NUMBER:

14102308 (England and Wales)

ACCOUNTANTS:

ABC Accounting Services

1 Willoughton Place

Wharton Close

Gainsborough

Lincolnshire

DN21 1EB

FIXED ASSETS

Tangible assets

4

74,174

53,297

CURRENT ASSETS

Debtors

5

12,014

17,148

Cash at bank

1,980

4,014

13,994

21,162

CREDITORS

Amounts falling due within one year

6

34,529

42,646

NET CURRENT LIABILITIES

(20,535

)

(21,484

)

TOTAL ASSETS LESS CURRENT LIABILITIES

53,639

31,813

PROVISIONS FOR LIABILITIES

11,911

6,565

NET ASSETS

41,728

25,248

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

41,727

25,247

41,728

25,248

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

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

G Anderson - Director

1.	STATUTORY INFORMATION

Gainsborough 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.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 June 2024

50,000

8,083

58,083

Additions

27,333

-

27,333

At 31 May 2025

77,333

8,083

85,416

DEPRECIATION

At 1 June 2024

1,250

3,536

4,786

Charge for year

5,319

1,137

6,456

At 31 May 2025

6,569

4,673

11,242

NET BOOK VALUE

At 31 May 2025

70,764

3,410

74,174

At 31 May 2024

48,750

4,547

53,297

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

7,020

11,920

Tax

4,994

5,228

12,014

17,148

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

VAT

2,595

3,394

Directors' current accounts

31,334

38,652

Accrued expenses

600

600

34,529

42,646

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £6,570 (2024 - £3,970) were paid to the director .

8.	ULTIMATE CONTROLLING PARTY

The controlling party is G Anderson.