Liddiard Scaffolding Limited 03344527 false 2024-05-01 2025-04-30 2025-04-30 The principal activity of the company is hire of scaffolding Digita Accounts Production Advanced 6.30.9574.0 true 03344527 2024-05-01 2025-04-30 03344527 2025-04-30 03344527 bus:OrdinaryShareClass1 2025-04-30 03344527 core:RetainedEarningsAccumulatedLosses 2025-04-30 03344527 core:ShareCapital 2025-04-30 03344527 core:HirePurchaseContracts core:CurrentFinancialInstruments 2025-04-30 03344527 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2025-04-30 03344527 core:CurrentFinancialInstruments 2025-04-30 03344527 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 03344527 core:Non-currentFinancialInstruments core:AfterOneYear 2025-04-30 03344527 core:FurnitureFittingsToolsEquipment 2025-04-30 03344527 core:LandBuildings 2025-04-30 03344527 core:MotorVehicles 2025-04-30 03344527 bus:SmallEntities 2024-05-01 2025-04-30 03344527 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 03344527 bus:FilletedAccounts 2024-05-01 2025-04-30 03344527 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 03344527 bus:RegisteredOffice 2024-05-01 2025-04-30 03344527 bus:Director2 2024-05-01 2025-04-30 03344527 bus:Director4 2024-05-01 2025-04-30 03344527 bus:OrdinaryShareClass1 2024-05-01 2025-04-30 03344527 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 03344527 core:Buildings 2024-05-01 2025-04-30 03344527 core:FurnitureFittingsToolsEquipment 2024-05-01 2025-04-30 03344527 core:LandBuildings 2024-05-01 2025-04-30 03344527 core:MotorVehicles 2024-05-01 2025-04-30 03344527 core:OfficeEquipment 2024-05-01 2025-04-30 03344527 core:PlantMachinery 2024-05-01 2025-04-30 03344527 countries:England 2024-05-01 2025-04-30 03344527 2024-04-30 03344527 core:FurnitureFittingsToolsEquipment 2024-04-30 03344527 core:LandBuildings 2024-04-30 03344527 core:MotorVehicles 2024-04-30 03344527 2023-05-01 2024-04-30 03344527 2024-04-30 03344527 bus:OrdinaryShareClass1 2024-04-30 03344527 core:RetainedEarningsAccumulatedLosses 2024-04-30 03344527 core:ShareCapital 2024-04-30 03344527 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-04-30 03344527 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-04-30 03344527 core:CurrentFinancialInstruments 2024-04-30 03344527 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 03344527 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 03344527 core:FurnitureFittingsToolsEquipment 2024-04-30 03344527 core:LandBuildings 2024-04-30 03344527 core:MotorVehicles 2024-04-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03344527

Liddiard Scaffolding Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

Liddiard Scaffolding Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

Liddiard Scaffolding Limited

Company Information

Directors | Mr R Liddiard Mrs K Phipps

Registered office | Wellesley House 204 London Road Waterlooville Hampshire PO7 7AN

Accountants | MMO Limited Chartered Accountants Wellesley House 204 London Road Waterlooville Hampshire PO7 7AN

Liddiard Scaffolding Limited

(Registration number: 03344527)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 548,293 | 642,928
Other financial assets |  | 83,900 | 83,900
|  | 632,193 | 726,828
Current assets |  |  |
Stocks | 5 | 10,000 | 10,000
Debtors | 6 | 1,157,056 | 1,649,386
Cash at bank and in hand |  | 187,509 | 241,964
|  | 1,354,565 | 1,901,350
Creditors: Amounts falling due within one year | 8 | (1,201,866) | (1,051,039)
Net current assets |  | 152,699 | 850,311
Total assets less current liabilities |  | 784,892 | 1,577,139
Creditors: Amounts falling due after more than one year | 8 | (85,055) | (114,033)
Provisions for liabilities |  | (68,719) | (85,243)
Net assets excluding pension asset/(liability) |  | 631,118 | 1,377,863
Net pension liability 1 |  | - | (663,000)
Net assets |  | 631,118 | 714,863
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 631,018 | 714,763
Shareholders' funds |  | 631,118 | 714,863

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Liddiard Scaffolding Limited

(Registration number: 03344527)
Balance Sheet as at 30 April 2025

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 January 2026 and signed on its behalf by:

......................................... Mr R Liddiard Director

Liddiard Scaffolding Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN
England

The principal place of business is:
Area K
Upper Adhurst Industrial Park
London Road
Petersfield
Hampshire
GU31 5AE
England

These financial statements were authorised for issue by the Board on 15 January 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

All figures are presented in British Sterling, which is the functional currency of the company, and are rounded to the nearest £1.

Liddiard Scaffolding Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Departure from requirements of FRS 102

Interest arising on finance leases commencing within the year has been calculated using the effective interest method. All other lease interest has been calculated using the straight line method. This is a departure from the requirements of FRS102.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and equipment | 25% reducing balance
Office equipment | 25% reducing balance
Motor vehicles | 25% reducing balance
Leasehold Improvements | over 10 years

Liddiard Scaffolding Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Liddiard Scaffolding Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease. Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the Profit and Loss Account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability. Th

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 35 (2024 - 37).

Liddiard Scaffolding Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 May 2024 | 84,076 | 3,083,099 | 197,615 | 3,364,790
Additions | - | 42,112 | 46,573 | 88,685
At 30 April 2025 | 84,076 | 3,125,211 | 244,188 | 3,453,475
Depreciation
At 1 May 2024 | 52,116 | 2,538,372 | 131,374 | 2,721,862
Charge for the year | 8,408 | 146,709 | 28,203 | 183,320
At 30 April 2025 | 60,524 | 2,685,081 | 159,577 | 2,905,182
Carrying amount
At 30 April 2025 | 23,552 | 440,130 | 84,611 | 548,293
At 30 April 2024 | 31,960 | 544,727 | 66,241 | 642,928

Included within the net book value of land and buildings above is £Nil (2024 - £Nil) in respect of freehold land and buildings and £23,552 (2024 - £31,960) in respect of long leasehold land and buildings.

5 | Stocks

| 2025 £ | 2024 £
Work in progress | 10,000 | 10,000

6 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 417,070 | 518,790
Amounts owed by related parties |  | 696,100 | 1,095,580
Prepayments |  | 19,275 | 24,331
Other debtors |  | 24,611 | 10,685
|  | 1,157,056 | 1,649,386

Liddiard Scaffolding Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

Liddiard Scaffolding Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 147,370 | 285,561
Trade creditors |  | 76,128 | 74,657
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 382,520 | 10,000
Taxation and social security |  | 249,401 | 346,375
Accruals and deferred income |  | 330,250 | 306,599
Other creditors |  | 16,197 | 27,847
|  | 1,201,866 | 1,051,039

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 85,055 | 114,033

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 85,055 | 114,033

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 86,666 | 166,666
Hire purchase contracts | 60,704 | 118,895
| 147,370 | 285,561