REGISTERED NUMBER: 12093692 (England and Wales)

Financial Statements for the Year Ended 31 July 2025

for

Celtic Scaffolding Inc Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTORS:

M Canfield

J Wilson

REGISTERED OFFICE:

2 St Catharines Road

Broxbourne

Hertfordshire

EN10 7LQ

REGISTERED NUMBER:

12093692 (England and Wales)

ACCOUNTANTS:

Reece & Co.

Building 1

St. Cross Chambers

Upper Marsh Lane

Hoddesdon

Hertfordshire

EN11 8LQ

FIXED ASSETS

Tangible assets

4

391,563

399,891

CURRENT ASSETS

Debtors

5

98,206

61,751

Cash at bank

-

5,834

98,206

67,585

CREDITORS

Amounts falling due within one year

6

182,019

150,012

NET CURRENT LIABILITIES

(83,813

)

(82,427

)

TOTAL ASSETS LESS CURRENT LIABILITIES

307,750

317,464

CREDITORS

Amounts falling due after more than one year

7

35,912

24,416

NET ASSETS

271,838

293,048

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

271,836

293,046

SHAREHOLDERS' FUNDS

271,838

293,048

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 23 April 2026 and were signed on its behalf by:

M Canfield - Director

J Wilson - Director

1.	STATUTORY INFORMATION

Celtic Scaffolding Inc 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.

Financial Instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year) including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payable or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

Judgements and key sources of estimation uncertainty

In applying the Company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision effects only that period, or in the period of the revision and future periods, if the revision effects both current and future periods.

The directors do not believe that there have been judgements (apart from those involving estimates) made in the process of applying the above accounting policies that have had a significant effect on amounts recognised in the financial statements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

25% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 August 2024

512,939

69,314

582,253

Additions

14,657

40,352

55,009

Disposals

-

(23,999

)

(23,999

)

At 31 July 2025

527,596

85,667

613,263

DEPRECIATION

At 1 August 2024

153,918

28,444

182,362

Charge for year

40,404

12,829

53,233

Eliminated on disposal

-

(13,895

)

(13,895

)

At 31 July 2025

194,322

27,378

221,700

NET BOOK VALUE

At 31 July 2025

333,274

58,289

391,563

At 31 July 2024

359,021

40,870

399,891

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 August 2024

43,084

Additions

40,352

Disposals

(19,799

)

At 31 July 2025

63,637

DEPRECIATION

At 1 August 2024

18,854

Charge for year

8,856

Eliminated on disposal

(11,210

)

At 31 July 2025

16,500

NET BOOK VALUE

At 31 July 2025

47,137

At 31 July 2024

24,230

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

94,064

42,908

Other debtors

4,142

18,843

98,206

61,751

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

36,241

8,282

Hire purchase contracts

12,640

7,463

Trade creditors

30,761

16,233

Amounts owed to associates

90,408

79,720

Other creditors

11,969

38,314

182,019

150,012

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

-

8,282

Hire purchase contracts

35,912

16,134

35,912

24,416

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

2

'A' Ordinary

£1

2

2

9.

RESERVES

Retained

earnings

£

At 1 August 2024

293,046

Deficit for the year

(21,210

)

At 31 July 2025

271,836

10.	RELATED PARTY DISCLOSURES

The company is controlled by its director's who own all the issued share capital.

The company has been advanced a loan from a company controlled by the directors. At the year end, the amount outstanding on this loan was £90,408 (2024 - £79,720)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2025 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Reece & Co.

Building 1

St. Cross Chambers

Upper Marsh Lane

Hoddesdon

Hertfordshire

EN11 8LQ

23 April 2026