Rhino Scaffolding Services Ltd

Registered number

04917733

Unaudited Filleted Accounts

31 March 2025

Rhino Scaffolding Services Ltd
Registered number:		04917733
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		10,000			15,000
Tangible assets	4		42,988			50,481
			52,988			65,481

Current assets
Debtors	5	26,936			30,281
Cash at bank and in hand		13,419			15,910
		40,355			46,191

Creditors: amounts falling due within one year	6	(33,368)			(46,709)

Net current assets/(liabilities)			6,987			(518)

Total assets less current liabilities			59,975			64,963

Creditors: amounts falling due after more than one year	7		(51,752)			(55,265)

Provisions for liabilities			(5,163)			(5,908)


Net assets			3,060			3,790

Capital and reserves
Called up share capital			2			2
Profit and loss account			3,058			3,788

Shareholders' funds			3,060			3,790

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Steven C Ridler
Director
Approved by the board on 16 December 2025

Rhino Scaffolding Services Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles			25% reducing balance
	Plant and machinery			25% reducing balance
	Fixtures, fittings, tools and equipment			20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2024							100,000
	At 31 March 2025							100,000

	Amortisation
	At 1 April 2024							85,000
	Provided during the year							5,000
	At 31 March 2025							90,000

	Net book value
	At 31 March 2025							10,000
	At 31 March 2024							15,000

	Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.


4	Tangible fixed assets
		Fixtures & fittings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	32,435		56,189		185,019		273,643
	Additions	-		5,536		-		5,536
	Disposals	-		-		(12,235)		(12,235)
	At 31 March 2025	32,435		61,725		172,784		266,944

	Depreciation
	At 1 April 2024	28,417		46,813		147,932		223,162
	Charge for the year	1,733		2,774		1,640		6,147
	On disposals	-		-		(5,353)		(5,353)
	At 31 March 2025	30,150		49,587		144,219		223,956

	Net book value
	At 31 March 2025	2,285		12,138		28,565		42,988
	At 31 March 2024	4,018		9,376		37,087		50,481


5	Debtors					2025		2024
£							£

	Trade debtors					26,936		30,281


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					10,457		10,199
	Trade creditors					3,098		3,098
	Taxation and social security costs					8,701		9,000
	Other creditors					11,112		24,412
						33,368		46,709


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					1,764		12,265
	Other creditors					49,988		43,000
						51,752		55,265


8	Other financial commitments					2025		2024
£							£

	Total commitments under non-cancellable operating leases					17,664		16,575


9	Related party transactions

	Director salaries are deemed to be the normal market rate for a company of this size and nature. All dividends were paid to the directors as shareholders in accordance with their holdings.


10	Controlling party

	B Ridler and S Ridler are deemed to be the ultimate controlling party by virtue of their combined 100% shareholding.


11	Other information

	Rhino Scaffolding Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Airport House
	Kings Mill Lane
	Redhill
	Surrey
	RH1 5JY