Lindway Scaffolding Ltd

Filleted Accounts

31 October 2025

Registered number

01732844

Lindway Scaffolding Ltd
Registered number:		01732844
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		270,250			282,265

Current assets
Debtors	4	440,118			415,069
Cash at bank and in hand		230,441			325,211
		670,559			740,280

Creditors: amounts falling due within one year	5	(266,836)			(367,441)

Net current assets			403,723			372,839

Total assets less current liabilities			673,973			655,104


Provisions for liabilities			(63,390)			(68,748)


Net assets			610,583			586,356

Capital and reserves
Called up share capital			900			900
Profit and loss account			609,683			585,456

Shareholders' funds			610,583			586,356

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


Karl Taylor
Director
Approved by the board on 13 April 2026

Lindway Scaffolding Ltd
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Scaffold Equipment	20% reducing balance
	Plant and machinery	25% reducing balance
	Fixtures, fittings, tools and equipment	15% reducing balance
	Motor vehicles	25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			18		25


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 November 2024	1,032,213		169,201		1,201,414
	Additions	33,800		27,745		61,545
	Disposals	-		(23,150)		(23,150)
	At 31 October 2025	1,066,013		173,796		1,239,809

	Depreciation
	At 1 November 2024	807,108		112,041		919,149
	Charge for the year	53,367		15,615		68,982
	On disposals	-		(18,572)		(18,572)
	At 31 October 2025	860,475		109,084		969,559

	Net book value
	At 31 October 2025	205,538		64,712		270,250
	At 31 October 2024	225,105		57,160		282,265


4	Debtors			2025		2024
£					£

	Trade debtors			428,138		383,456
	Other debtors			11,980		31,613
				440,118		415,069


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			26,400		52,853
	Taxation and social security costs			169,316		215,153
	Other creditors			71,120		99,435
				266,836		367,441


6	Revaluation reserve			2025		2024
£					£

	At 1 November 2024			-		93,734
	Transfer to Profit & Loss Reserve on disposal			-		(93,734)

	At 31 October 2025			-		-


	The revaluation reserve represented the surplus arising on the revaluation of leasehold property. Following the disposal of the revalued property during the year, the balance of the reserve has been transferred to retained earnings.

7	Other financial commitments			2025		2024
£					£

	Total future minimum payments under non-cancellable operating leases			21,000		21,000


8	Related party transactions

	Employee-Ownership Trust On 28 October 2024, the entire share capital of the company was acquired by the Lindway Scaffolding EOT Ltd Employee Ownership Trust ('The Trust'). The Trust holds the shares for the future benefit of the company's employees. The funding for the transaction (and associated costs) was partially achieved through an initial contribution by the company. During the year, the company made contributions of £322,005 to the Trust, which are shown on the Statement of Changes in Equity. The directors are of the opinion that de-facto control does not exist and therefore have excluded the assets and liabilities of the Trust from these financial statements. Consolidated accounts incorporating the Trust have not been prepared.


9	Controlling party

	The ultimate controlling party is Lindway Scaffolding EOT Ltd.


10	Other information

	Lindway Scaffolding Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 16 Bridge Street
	Clay Cross
	Chesterfield
	Derbyshire
	S45 9NU