REGISTERED NUMBER: 04690450 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

ADVANCED SCAFFOLDING (SOUTHWEST) LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

902,951

945,574

CURRENT ASSETS

Work in progress

295,183

277,598

Debtors

5

143,648

327,102

Cash at bank and in hand

1,021

49

439,852

604,749

CREDITORS

Amounts falling due within one year

6

665,077

716,611

NET CURRENT LIABILITIES

(225,225

)

(111,862

)

TOTAL ASSETS LESS CURRENT LIABILITIES

677,726

833,712

CREDITORS

Amounts falling due after more than one year

7

(40,371

)

(20,851

)

PROVISIONS FOR LIABILITIES

10

(215,548

)

(225,553

)

NET ASSETS

421,807

587,308

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

12

421,707

587,208

SHAREHOLDERS' FUNDS

421,807

587,308

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 December 2025 and were signed by:

Mr M R Bacon - Director

1.	STATUTORY INFORMATION

Advanced Scaffolding (Southwest) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04690450

Registered office:

Grenville House

9 Boutport Street

Barnstaple

Devon

EX31 1TZ

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Equipment

-

33% on reducing balance

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 work in progress to their present location and condition.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 77 (2024 - 58 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 October 2024

2,461,404

407,887

6,345

2,875,636

Additions

62,443

83,112

333

145,888

Disposals

-

(65,749

)

-

(65,749

)

At 30 September 2025

2,523,847

425,250

6,678

2,955,775

DEPRECIATION

At 1 October 2024

1,623,206

301,404

5,452

1,930,062

Charge for year

135,098

32,174

303

167,575

Eliminated on disposal

-

(44,813

)

-

(44,813

)

At 30 September 2025

1,758,304

288,765

5,755

2,052,824

NET BOOK VALUE

At 30 September 2025

765,543

136,485

923

902,951

At 30 September 2024

838,198

106,483

893

945,574

The net book value of tangible fixed assets includes £ 15,125 (2024 - £ 22,688 ) in respect of assets held under hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

132,645

300,826

Prepayments

11,003

26,276

143,648

327,102

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

49,859

49,602

Hire purchase contracts (see note 8)

31,438

6,498

Trade creditors

309,726

407,028

Corporation tax

28,441

48,002

Social security and other taxes

82,801

10,379

VAT

68,115

14,343

Other creditors

75,400

8,200

Finance loans

18,741

117,899

Finance leases

447

53,366

Directors' loan accounts

109

1,294

665,077

716,611

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

40,371

7,915

Finance loans

-

12,936

40,371

20,851

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

31,438

6,498

Between one and five years

40,371

7,915

71,809

14,413

Non-cancellable

operating leases

2025

2024

£

£

Within one year

273,154

324,442

Between one and five years

17,896

291,050

291,050

615,492

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

71,809

14,413

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

215,548

225,553

Deferred

tax

£

Balance at 1 October 2024

225,553

Credit to Profit and loss account during year

(10,005

)

Balance at 30 September 2025

215,548

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

95

Ordinary

£1

95

95

1

A Ordinary

£1

1

1

1

B Ordinary

£1

1

1

1

C Ordinary

£1

1

1

1

D Ordinary

£1

1

1

1

E Ordinary

£1

1

1

100

100

12.

RESERVES

Retained

earnings

£

At 1 October 2024

587,208

Deficit for the year

(83,501

)

Dividends

(82,000

)

At 30 September 2025

421,707