REGISTERED NUMBER: 05233731 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CORKETT SCAFFOLDING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I Corkett

Mrs P K Corkett

S Corkett

Mrs E Corkett

SECRETARY:

Mrs P K Corkett

REGISTERED OFFICE:

135 Station Road

Quainton

Aylesbury

Buckinghamshire

HP22 4BX

REGISTERED NUMBER:

05233731 (England and Wales)

ACCOUNTANTS:

Bayler Wood Associates Ltd

Chartered Certified Accountants

2 Church Lane

Walgrave

Northamptonshire

NN6 9QH

FIXED ASSETS

Tangible assets

4

102,257

83,274

CURRENT ASSETS

Debtors

5

34,969

31,803

Cash at bank

13,928

-

48,897

31,803

CREDITORS

Amounts falling due within one year

6

70,329

71,142

NET CURRENT LIABILITIES

(21,432

)

(39,339

)

TOTAL ASSETS LESS CURRENT LIABILITIES

80,825

43,935

CREDITORS

Amounts falling due after more than one year

7

(43,519

)

(32,209

)

PROVISIONS FOR LIABILITIES

(16,853

)

(9,964

)

NET ASSETS

20,453

1,762

CAPITAL AND RESERVES

Called up share capital

8

200

200

Retained earnings

20,253

1,562

SHAREHOLDERS' FUNDS

20,453

1,762

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 2 October 2025 and were signed on its behalf by:

I Corkett - Director

1.	STATUTORY INFORMATION

Corkett Scaffolding 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.

Turnover

Turnover represents net invoices for scaffold hire and labour, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 5 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

223,753

7,077

120,158

13,233

364,221

Additions

13,134

-

31,985

3,830

48,949

Disposals

-

-

(22,873

)

-

(22,873

)

At 31 March 2025

236,887

7,077

129,270

17,063

390,297

DEPRECIATION

At 1 April 2024

185,130

7,077

75,723

13,017

280,947

Charge for year

7,455

-

16,607

283

24,345

Eliminated on disposal

-

-

(17,252

)

-

(17,252

)

At 31 March 2025

192,585

7,077

75,078

13,300

288,040

NET BOOK VALUE

At 31 March 2025

44,302

-

54,192

3,763

102,257

At 31 March 2024

38,623

-

44,435

216

83,274

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

88,363

Additions

31,985

Disposals

(22,873

)

At 31 March 2025

97,475

DEPRECIATION

At 1 April 2024

46,298

Charge for year

14,239

Eliminated on disposal

(17,252

)

At 31 March 2025

43,285

NET BOOK VALUE

At 31 March 2025

54,190

At 31 March 2024

42,065

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

4,374

16,602

Other debtors

27,017

13,450

VAT

3,099

1,272

Prepayments

479

479

34,969

31,803

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

4,096

29,909

Hire purchase contracts

18,790

11,140

Trade creditors

2,160

2,263

Social security and other taxes

31,842

23,066

Directors loan account

158

-

Sundry creditors and accruals

13,283

4,764

70,329

71,142

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

18,777

18,569

Hire purchase contracts

24,742

13,640

43,519

32,209

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary A

£1

100

100

100

Ordinary B

£1

100

100

200

200