REGISTERED NUMBER: 08803000 (England and Wales)

Financial Statements for the Year Ended 29 March 2025

for

Tag Industrial Scaffolding Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J D Arnold

J Mchale

REGISTERED OFFICE:

West Float

Dock Road

Birkenhead

Merseyside

CH41 1FD

REGISTERED NUMBER:

08803000 (England and Wales)

ACCOUNTANTS:

JKS Accountants Limited

10 Duke Street

Liverpool

Merseyside

L1 5AS

FIXED ASSETS

Intangible assets

4

8,332

11,159

Tangible assets

5

311,777

305,104

320,109

316,263

CURRENT ASSETS

Debtors

6

473,439

427,140

Cash at bank

42,376

75,942

515,815

503,082

CREDITORS

Amounts falling due within one year

7

454,031

465,972

NET CURRENT ASSETS

61,784

37,110

TOTAL ASSETS LESS CURRENT LIABILITIES

381,893

353,373

CREDITORS

Amounts falling due after more than one year

8

-

105,234

NET ASSETS

381,893

248,139

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

381,891

248,137

381,893

248,139

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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 28 December 2025 and were signed on its behalf by:

J Mchale - Director

1.	STATUTORY INFORMATION

Tag Industrial 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 15% on reducing balance

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.

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 17 (2024 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 30 March 2024

43,179

Additions

1,276

At 29 March 2025

44,455

AMORTISATION

At 30 March 2024

32,020

Charge for year

4,103

At 29 March 2025

36,123

NET BOOK VALUE

At 29 March 2025

8,332

At 29 March 2024

11,159

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 30 March 2024

808,673

Additions

39,941

At 29 March 2025

848,614

DEPRECIATION

At 30 March 2024

503,569

Charge for year

33,268

At 29 March 2025

536,837

NET BOOK VALUE

At 29 March 2025

311,777

At 29 March 2024

305,104

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.3.25

29.3.24

£

£

Trade debtors

239,724

247,999

Other debtors

233,715

179,141

473,439

427,140

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.3.25

29.3.24

£

£

Bank loans and overdrafts

41,585

36,702

Trade creditors

36,608

83,951

Taxation and social security

293,020

257,062

Other creditors

82,818

88,257

454,031

465,972

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.3.25

29.3.24

£

£

Bank loans

-

24,468

Other creditors

-

80,766

-

105,234

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 March 2025 and 29 March 2024:

29.3.25

29.3.24

£

£

J D Arnold

Balance outstanding at start of year

-

-

Amounts advanced

3,982

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,982

-

J Mchale

Balance outstanding at start of year

-

-

Amounts advanced

3,982

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,982

-