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Registered number: 03837106
Whiterose Scaffolding (Leeds) Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
A Wigglesworth & Company Ltd
Armstrong House
First Avenue
Doncaster
DN9 3GA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03837106
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 63,429 38,426
63,429 38,426
CURRENT ASSETS
Debtors 5 266,843 346,622
Cash at bank and in hand 723,139 857,460
989,982 1,204,082
Creditors: Amounts Falling Due Within One Year 6 (201,148 ) (393,640 )
NET CURRENT ASSETS (LIABILITIES) 788,834 810,442
TOTAL ASSETS LESS CURRENT LIABILITIES 852,263 848,868
Creditors: Amounts Falling Due After More Than One Year 7 (31,100 ) (36,450 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,350 ) (9,111 )
NET ASSETS 812,813 803,307
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 812,713 803,207
SHAREHOLDERS' FUNDS 812,813 803,307
Page 1
Page 2
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr P A Abbott
Director
15/01/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Whiterose Scaffolding (Leeds) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03837106 . The registered office is Whiterose House, Holbeck Lane, Leeds, LS11 9UL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% Reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. 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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2024: 15)
14 15
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 February 2024 73,100
Additions 39,235
As at 31 January 2025 112,335
Depreciation
As at 1 February 2024 34,674
Provided during the period 14,232
As at 31 January 2025 48,906
Net Book Value
As at 31 January 2025 63,429
As at 1 February 2024 38,426
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 85,489 128,362
VAT - 26,473
Director's loan account 39,109 49,107
Amounts owed by group undertakings 142,245 142,680
266,843 346,622
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 23,340 9,281
Trade creditors 20,313 38,349
Bank loans and overdrafts 10,000 10,000
Corporation tax 11,699 97,522
Other taxes and social security 10,769 4,430
VAT 9,298 -
Other creditors - 1,131
Accruals and deferred income 4,000 4,000
Amounts owed to related parties 111,729 228,927
201,148 393,640
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 20,083 15,072
Bank loans 11,017 21,378
31,100 36,450
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 23,340 9,281
Later than one year and not later than five years 20,083 15,072
43,423 24,353
43,423 24,353
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5