REGISTERED NUMBER: 07861404 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2025

FOR

SMART SCAFFOLDING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S L Martin

REGISTERED OFFICE:

162-164 High Street

Rayleigh

Essex

SS6 7BS

REGISTERED NUMBER:

07861404 (England and Wales)

ACCOUNTANTS:

ESW Chartered Accountants

162-164 High Street

Rayleigh

Essex

SS6 7BS

FIXED ASSETS

Tangible assets

4

511,362

393,082

CURRENT ASSETS

Stocks

2,915

2,915

Debtors

5

228,399

280,387

Cash at bank and in hand

6,280

59,420

237,594

342,722

CREDITORS

Amounts falling due within one year

6

(315,924

)

(379,942

)

NET CURRENT LIABILITIES

(78,330

)

(37,220

)

TOTAL ASSETS LESS CURRENT LIABILITIES

433,032

355,862

CREDITORS

Amounts falling due after more than one year

7

(80,334

)

(47,649

)

PROVISIONS FOR LIABILITIES

9

(118,359

)

(94,000

)

NET ASSETS

234,339

214,213

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

10

234,337

214,211

SHAREHOLDERS' FUNDS

234,339

214,213

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 19th May 2026 and were signed by:

S L Martin - Director

1.	STATUTORY INFORMATION

Smart Scaffolding Ltd 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.

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.

Improvements to property

-

20% on reducing balance

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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 proceeds received, net of transaction costs.

Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 13 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1st November 2024

26,038

755,778

19,293

Additions

-

109,762

599

Disposals

-

-

-

At 31st October 2025

26,038

865,540

19,892

DEPRECIATION

At 1st November 2024

8,955

406,932

16,903

Charge for year

1,708

45,861

747

Eliminated on disposal

-

-

-

At 31st October 2025

10,663

452,793

17,650

NET BOOK VALUE

At 31st October 2025

15,375

412,747

2,242

At 31st October 2024

17,083

348,846

2,390

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st November 2024

143,713

31,126

975,948

Additions

96,269

-

206,630

Disposals

(61,949

)

-

(61,949

)

At 31st October 2025

178,033

31,126

1,120,629

DEPRECIATION

At 1st November 2024

120,371

29,705

582,866

Charge for year

26,683

468

75,467

Eliminated on disposal

(49,066

)

-

(49,066

)

At 31st October 2025

97,988

30,173

609,267

NET BOOK VALUE

At 31st October 2025

80,045

953

511,362

At 31st October 2024

23,342

1,421

393,082

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

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st November 2024

113,591

15,999

129,590

Additions

104,993

23,990

128,983

Transfer to ownership

-

(15,999

)

(15,999

)

At 31st October 2025

218,584

23,990

242,574

DEPRECIATION

At 1st November 2024

25,056

9,249

34,305

Charge for year

19,353

5,998

25,351

Transfer to ownership

-

(9,249

)

(9,249

)

At 31st October 2025

44,409

5,998

50,407

NET BOOK VALUE

At 31st October 2025

174,175

17,992

192,167

At 31st October 2024

88,535

6,750

95,285

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

195,903

230,441

Other debtors

32,496

49,946

228,399

280,387

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

13,417

23,000

Hire purchase contracts

67,384

35,838

Trade creditors

31,180

39,580

Taxation and social security

67,763

100,933

Other creditors

136,180

180,591

315,924

379,942

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

13,417

Hire purchase contracts

80,334

34,232

80,334

47,649

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

147,718

70,070

Factoring account

-

123,912

147,718

193,982

The hire purchase liabilities are secured over the assets to which they relate. The factoring account has been secured by way of a fixed and floating charge over the company's assets.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

118,359

94,000

Deferred

tax

£

Balance at 1st November 2024

94,000

Accelerated capital allowances

24,359

Balance at 31st October 2025

118,359

10.

RESERVES

Retained

earnings

£

At 1st November 2024

214,211

Profit for the year

78,126

Dividends

(58,000

)

At 31st October 2025

234,337

11.	RELATED PARTY DISCLOSURES

The controlling party is S L Martin.