REGISTERED NUMBER: 11242493 (England and Wales)

REDZ SCAFFOLDING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 6 APRIL 2024 TO 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Davies

D J Cartwright

REGISTERED OFFICE:

14 Redwood Gardens

Totton

Southampton

Hampshire

SO40 8SY

REGISTERED NUMBER:

11242493 (England and Wales)

ACCOUNTANTS:

Hopper Williams & Bell Limited

Chartered Accountants

Highland House

Mayflower Close

Chandler's Ford

Eastleigh

Hampshire

SO53 4AR

FIXED ASSETS

Tangible assets

4

78,503

73,124

CURRENT ASSETS

Debtors

5

98,956

52,051

Cash at bank

13,116

56,528

112,072

108,579

CREDITORS

Amounts falling due within one year

6

(106,227

)

(89,458

)

NET CURRENT ASSETS

5,845

19,121

TOTAL ASSETS LESS CURRENT LIABILITIES

84,348

92,245

CREDITORS

Amounts falling due after more than one year

7

(2,500

)

(12,500

)

PROVISIONS FOR LIABILITIES

(9,390

)

(5,726

)

NET ASSETS

72,458

74,019

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

72,358

73,919

72,458

74,019

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

The members have not required the company to obtain an audit of its financial statements for the period 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 22 December 2025 and were signed on its behalf by:

G Davies - Director

1.	STATUTORY INFORMATION

Redz 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 FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

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.

Plant & Machinery - 25% Reducing Balance

Motor Vehicles - 25% Reducing Balance

Computer Equipment - 25% Reducing Balance

Taxation

Taxation for the period 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 period 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.

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.

Financial assets

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 6 April 2024

85,838

33,932

-

119,770

Additions

15,256

15,500

333

31,089

Disposals

(2,980

)

-

-

(2,980

)

At 31 March 2025

98,114

49,432

333

147,879

DEPRECIATION

At 6 April 2024

26,632

20,014

-

46,646

Charge for period

17,932

7,032

69

25,033

Eliminated on disposal

(2,303

)

-

-

(2,303

)

At 31 March 2025

42,261

27,046

69

69,376

NET BOOK VALUE

At 31 March 2025

55,853

22,386

264

78,503

At 5 April 2024

59,206

13,918

-

73,124

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

29,285

29,588

Other debtors

69,671

22,463

98,956

52,051

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

1,638

2,789

Amounts owed to group undertakings

11,084

-

Taxation and social security

-

4,777

Other creditors

83,505

71,892

106,227

89,458

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,500

12,500

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year , advances totalling £38,779 (2024: £Nil) were made to one director. £Nil (2024: £Nil) was repaid prior to the year-end. The balance outstanding owed to the company was £38,779 (2024: £nil).

Interest has been charged at HMRC's beneficial loan rate and the loan is repayable upon demand.