Silverfin false false 31/10/2025 01/11/2024 31/10/2025 Mrs Christine Boland 02/10/2023 Mr Mark Boland 27/11/2013 10 March 2026 The principle activity of the company continued to be that of scaffolding erection. 08451354 2025-10-31 08451354 bus:Director1 2025-10-31 08451354 bus:Director2 2025-10-31 08451354 2024-10-31 08451354 core:CurrentFinancialInstruments 2025-10-31 08451354 core:CurrentFinancialInstruments 2024-10-31 08451354 core:Non-currentFinancialInstruments 2025-10-31 08451354 core:Non-currentFinancialInstruments 2024-10-31 08451354 core:ShareCapital 2025-10-31 08451354 core:ShareCapital 2024-10-31 08451354 core:RetainedEarningsAccumulatedLosses 2025-10-31 08451354 core:RetainedEarningsAccumulatedLosses 2024-10-31 08451354 core:PlantMachinery 2024-10-31 08451354 core:Vehicles 2024-10-31 08451354 core:FurnitureFittings 2024-10-31 08451354 core:ComputerEquipment 2024-10-31 08451354 core:PlantMachinery 2025-10-31 08451354 core:Vehicles 2025-10-31 08451354 core:FurnitureFittings 2025-10-31 08451354 core:ComputerEquipment 2025-10-31 08451354 core:ImmediateParent core:CurrentFinancialInstruments 2025-10-31 08451354 core:ImmediateParent core:CurrentFinancialInstruments 2024-10-31 08451354 bus:OrdinaryShareClass1 2025-10-31 08451354 bus:OrdinaryShareClass2 2025-10-31 08451354 2024-11-01 2025-10-31 08451354 bus:FilletedAccounts 2024-11-01 2025-10-31 08451354 bus:SmallEntities 2024-11-01 2025-10-31 08451354 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 08451354 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 08451354 bus:Director1 2024-11-01 2025-10-31 08451354 bus:Director2 2024-11-01 2025-10-31 08451354 core:PlantMachinery 2024-11-01 2025-10-31 08451354 core:PlantMachinery core:TopRangeValue 2024-11-01 2025-10-31 08451354 core:Vehicles 2024-11-01 2025-10-31 08451354 core:FurnitureFittings 2024-11-01 2025-10-31 08451354 core:ComputerEquipment 2024-11-01 2025-10-31 08451354 2023-11-01 2024-10-31 08451354 core:Non-currentFinancialInstruments 2024-11-01 2025-10-31 08451354 bus:OrdinaryShareClass1 2024-11-01 2025-10-31 08451354 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 08451354 bus:OrdinaryShareClass2 2024-11-01 2025-10-31 08451354 bus:OrdinaryShareClass2 2023-11-01 2024-10-31 08451354 1 2024-11-01 2025-10-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08451354 (England and Wales)

# ALL SAFE SCAFFOLDING LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH THE REGISTRAR

ALL SAFE SCAFFOLDING LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2025

Contents

ALL SAFE SCAFFOLDING LIMITED

## COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2025
ALL SAFE SCAFFOLDING LIMITED

## COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2025

DIRECTORS | Mrs Christine Boland
| Mr Mark Boland

REGISTERED OFFICE | 264 Banbury Road
| Oxford
| OX2 7DY
| United Kingdom

COMPANY NUMBER | 08451354 (England and Wales)

ACCOUNTANT | Shaw Gibbs Limited
| 264 Banbury Road
| Oxford
| OX2 7DY
| United Kingdom

ALL SAFE SCAFFOLDING LIMITED

## BALANCE SHEET

AS AT 31 OCTOBER 2025
ALL SAFE SCAFFOLDING LIMITED

## BALANCE SHEET (continued)

AS AT 31 OCTOBER 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 4,609,634 |  | 3,507,332
|  | 4,609,634 |  | 3,507,332
Current assets |  |  |  |
Debtors |  |  |  |
- due within one year | 4 | 5,140,412 |  | 3,864,362
- due after more than one year | 4 | 128,217 |  | 0
Cash at bank and in hand |  | 821,723 |  | 717,287
|  | 6,090,352 |  | 4,581,649
Creditors: amounts falling due within one year | 5 | ( 2,331,421) |  | ( 802,671)
Net current assets |  | 3,758,931 |  | 3,778,978
Total assets less current liabilities |  | 8,368,565 |  | 7,286,310
Creditors: amounts falling due after more than one year | 6 | ( 654,254) |  | ( 550,630)
Provision for liabilities |  | ( 1,143,561) |  | ( 863,245)
Net assets |  | 6,570,750 |  | 5,872,435
Capital and reserves |  |  |  |
Called-up share capital | 7 | 2 |  | 2
Profit and loss account |  | 6,570,748 |  | 5,872,433
Total shareholders' funds |  | 6,570,750 |  | 5,872,435

For the financial year ending 31 October 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 financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of All Safe Scaffolding Limited (registered number: 08451354) were approved and authorised for issue by the Board of Directors on 10 March 2026. They were signed on its behalf by:

Mr Mark Boland Director |

ALL SAFE SCAFFOLDING LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2025
ALL SAFE SCAFFOLDING LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

All Safe Scaffolding Limited is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 264 Banbury Road, Oxford, OX2 7DY, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

##### Taxation

Current tax
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.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery | 15 % reducing balance
| 4 years straight line
Vehicles | 25 % reducing balance
Fixtures and fittings | 25 % reducing balance
Computer equipment | 33 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial liabilities
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

#####

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 59 |  | 49

#### 3. Tangible assets

| Plant and machinery |  | Vehicles |  | Fixtures and fittings |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |
At 01 November 2024 | 5,792,024 |  | 1,105,371 |  | 97,219 |  | 68,161 |  | 7,062,775
Additions | 1,487,828 |  | 428,500 |  | 511 |  | 19,484 |  | 1,936,323
Disposals | ( 19,050) |  | ( 6,619) |  | 0 |  | 0 |  | ( 25,669)
At 31 October 2025 | 7,260,802 |  | 1,527,252 |  | 97,730 |  | 87,645 |  | 8,973,429
Accumulated depreciation |  |  |  |  |  |  |  |  |
At 01 November 2024 | 2,928,900 |  | 531,963 |  | 53,756 |  | 40,824 |  | 3,555,443
Charge for the financial year | 594,327 |  | 199,257 |  | 10,647 |  | 11,134 |  | 815,365
Disposals | ( 1,075) |  | ( 5,938) |  | 0 |  | 0 |  | ( 7,013)
At 31 October 2025 | 3,522,152 |  | 725,282 |  | 64,403 |  | 51,958 |  | 4,363,795
Net book value |  |  |  |  |  |  |  |  |
At 31 October 2025 | 3,738,650 |  | 801,970 |  | 33,327 |  | 35,687 |  | 4,609,634
At 31 October 2024 | 2,863,124 |  | 573,408 |  | 43,463 |  | 27,337 |  | 3,507,332

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Debtors: amounts falling due within one year |  |  |
Trade debtors | 2,182,256 |  | 1,240,277
Amounts owed by Parent undertakings | 2,517,435 |  | 2,549,552
Other debtors | 440,721 |  | 74,533
| 5,140,412 |  | 3,864,362
Debtors: amounts falling due after more than one year |  |  |
Other debtors | 128,217 |  | 0

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 43,182 |  | 37,795
Trade creditors | 1,439,386 |  | 223,963
Accruals | 183,058 |  | 18,523
Taxation and social security | 416,606 |  | 292,704
Obligations under finance leases and hire purchase contracts | 234,080 |  | 224,220
Other creditors | 15,109 |  | 5,466
| 2,331,421 |  | 802,671

#### 6. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 199,194 |  | 242,376
Obligations under finance leases and hire purchase contracts | 455,060 |  | 308,254
| 654,254 |  | 550,630

There are no amounts included above in respect of which any security has been given by the small entity.

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 A ordinary shares of £ 0.01 each | 1 |  | 1
100 B ordinary shares of £ 0.01 each | 1 |  | 1
| 2 |  | 2

#### 8. Financial commitments

Commitments

| 2025 |  | 2024
| £ |  | £
Total future minimum lease payments under non-cancellable operating leases | 911,570 |  | 663,678

#### 9. Related party transactions

Transactions with the entity's directors

Included in other debtors is a balance of £379,903 (2024: £56,088) owed by a director. Interest of £3,197 (2024: £759) has been charged in accordance with HMRC's official rate of interest, and the balance owed is unsecured and repayable on demand.

Other related party transactions

Included in other debtors is a balance of £2,517,435 (2024: £2,549,552) owed by a shareholder. The balance is interest free and is repayable on demand.

#### 10. Events after the Balance Sheet date

After the reporting date, on 12 November 2025, the company subdivided its A ordinary and B ordinary shares into 10,000 £0.0001 shares of each category, and then 1 additional A ordinary share was issued to Allsafe Holdings Ltd, increasing its shareholding to more than 50%. As a result, Allsafe Holdings Ltd became the company’s controlling party.

#### 11. Ultimate controlling party

The company's B shares are owned by Allsafe Holdings Limited, which is a company under control of the director Mark Boland. Since Mark Boland also owns the company's A shares, he is the ultimate controlling party.