BLACK EAGLE SCAFFOLDING LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

BLACK EAGLE SCAFFOLDING LTD is a private company, limited by shares, incorporated in England & Wales, registered number 07499670 . The registered office is Avondale House, 262 Uxbridge Road, Hatch End, HA5 4HS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% on cost
Plant & Machinery	15% reducing balance basis
Motor Vehicles	25% reducing balance basis
Fixtures & Fittings	20% reducing balance basis
Computer Equipment	33.3% on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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BLACK EAGLE SCAFFOLDING LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 7)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 February 2024	106,969	315,872	281,996	897
Additions	85,684	48,643	-	163

As at 31 January 2025	192,653	364,515	281,996	1,060

Depreciation
As at 1 February 2024	29,510	104,645	108,976	147
Provided during the period	15,886	35,730	43,255	212

As at 31 January 2025	45,396	140,375	152,231	359

Net Book Value
As at 31 January 2025	147,257	224,140	129,765	701

As at 1 February 2024	77,459	211,227	173,020	750


	Computer Equipment	Total
	£	£
Cost
As at 1 February 2024	7,207	712,941
Additions	-	134,490

As at 31 January 2025	7,207	847,431

Depreciation
As at 1 February 2024	5,645	248,923
Provided during the period	1,252	96,335

As at 31 January 2025	6,897	345,258

Net Book Value
As at 31 January 2025	310	502,173

As at 1 February 2024	1,562	464,018

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BLACK EAGLE SCAFFOLDING LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	156,073	103,263
Prepayments and accrued income	3,624	5,270
Other debtors	1,733	8,267
Other taxes and social security	7,638	-
Net wages	10,631	-
Directors' loan accounts	-	42,688
Amounts owed by group undertakings	409,861	213,361

	589,560	372,849

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	15,607	-
Trade creditors	18,066	19,346
Bank loans and overdrafts	61,990	-
Corporation tax	24,083	78,547
Other taxes and social security	-	2,240
VAT	19,117	8,041
Net wages	-	7,466
Pension liability	176	-
Accruals and deferred income	8,790	13,290
Directors' loan accounts	29,952	-
Amounts owed to associates	15,152	17,152

	192,933	146,082

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	58,766	89,980
Bank loans	174,382	80,613

	233,148	170,593

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	15,607	-
Later than one year and not later than five years	58,766	89,980

	74,373	89,980

	74,373	89,980

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BLACK EAGLE SCAFFOLDING LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2025
	£	£	£	£	£
Mr Dede Shkambi	42,688	-	(42,688 )	-	-

The above loan is unsecured. Interest accrues on directors loans at the official rate as published by HM Revenue & Customs.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		502,173		464,018

			502,173		464,018
CURRENT ASSETS
Debtors	5	589,560		372,849
Cash at bank and in hand		8,374		127,512

		597,934		500,361
Creditors: Amounts Falling Due Within One Year	6	(192,933 )		(146,082 )

NET CURRENT ASSETS (LIABILITIES)			405,001		354,279

TOTAL ASSETS LESS CURRENT LIABILITIES			907,174		818,297

Creditors: Amounts Falling Due After More Than One Year	7		(233,148 )		(170,593 )

NET ASSETS			674,026		647,704

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			673,926		647,604

SHAREHOLDERS' FUNDS			674,026		647,704