Company Registration No. SC391271 (Scotland)
RTR Scaffolding Ltd
Unaudited accounts
for the year ended 31 December 2024
RTR Scaffolding Ltd
Unaudited accounts
Contents
RTR Scaffolding Ltd
Company Information
for the year ended 31 December 2024
Directors
James Ramsay
Ryan Ramsay
Company Number
SC391271 (Scotland)
Registered Office
59 NANTWICH DRIVE
EDINBURGH
EH7 6RB
Accountants
DC Accountancy Services (Edinburgh) Ltd
105 Forrest Place
Armadale
West Lothian
EH48 2GZ
RTR Scaffolding Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
579,658
562,271
Cash at bank and in hand
224,200
66,541
Creditors: amounts falling due within one year
(269,246)
(351,381)
Net current assets
193,208
160,195
Total assets less current liabilities
772,866
722,466
Creditors: amounts falling due after more than one year
(134,710)
(221,901)
Provisions for liabilities
Deferred tax
(126,467)
(121,607)
Net assets
511,689
378,958
Called up share capital
2
2
Profit and loss account
511,687
378,956
Shareholders' funds
511,689
378,958
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 November 2025 and were signed on its behalf by
James Ramsay
Director
Company Registration No. SC391271
RTR Scaffolding Ltd
Notes to the Accounts
for the year ended 31 December 2024
RTR Scaffolding Ltd is a private company, limited by shares, registered in Scotland, registration number SC391271. The registered office is 59 NANTWICH DRIVE, EDINBURGH, EH7 6RB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
over 50 years
Plant & machinery
10% Reducing Balance
Motor vehicles
25% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
RTR Scaffolding Ltd
Notes to the Accounts
for the year ended 31 December 2024
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
102,495
866,168
358,484
1,327,147
Additions
-
44,550
95,723
140,273
Disposals
-
-
(32,566)
(32,566)
At 31 December 2024
102,495
910,718
421,641
1,434,854
At 1 January 2024
26,650
532,243
205,983
764,876
Charge for the year
2,050
43,382
56,923
102,355
On disposals
-
-
(12,035)
(12,035)
At 31 December 2024
28,700
575,625
250,871
855,196
At 31 December 2024
73,795
335,093
170,770
579,658
At 31 December 2023
75,845
333,925
152,501
562,271
Amounts falling due within one year
Trade debtors
233,656
442,435
Accrued income and prepayments
2,600
2,600
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
27,140
10,000
Obligations under finance leases and hire purchase contracts
41,224
58,558
Trade creditors
14,596
14,158
Taxes and social security
80,346
94,371
Loans from directors
-
136,598
Security for the company's loans are given by way of charges over the assets of the company and personal guarantees provided by the directors.
RTR Scaffolding Ltd
Notes to the Accounts
for the year ended 31 December 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
24,777
68,597
Aggregate of amounts that fall due for payment after five years
12,407
-
8
Average number of employees
During the year the average number of employees was 19 (2023: 26).