Company Registration No. 10222826 (England and Wales)
NORTH LONDON SCAFFOLD LTD
Unaudited accounts
for the year ended 30 June 2025
NORTH LONDON SCAFFOLD LTD
Unaudited accounts
Contents
NORTH LONDON SCAFFOLD LTD
Company Information
for the year ended 30 June 2025
Company Number
10222826 (England and Wales)
Registered Office
Unit 1 Norman Road
London
N15 4ND
England
NORTH LONDON SCAFFOLD LTD
Statement of financial position
as at 30 June 2025
Called up share capital not paid
100
100
Tangible assets
545,591
708,849
Creditors: amounts falling due within one year
(1,161,313)
(1,100,848)
Net current liabilities
(354,840)
(270,150)
Total assets less current liabilities
190,851
438,799
Creditors: amounts falling due after more than one year
(40,499)
(55,499)
Provisions for liabilities
Deferred tax
(34,000)
(91,000)
Net assets
116,352
292,300
Called up share capital
100
100
Profit and loss account
116,252
292,200
Shareholders' funds
116,352
292,300
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 June 2026 and were signed on its behalf by
S Herzka
Director
Company Registration No. 10222826
NORTH LONDON SCAFFOLD LTD
Notes to the Accounts
for the year ended 30 June 2025
NORTH LONDON SCAFFOLD LTD is a private company, limited by shares, registered in England and Wales, registration number 10222826. The registered office is Unit 1 Norman Road, London, N15 4ND, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Plant & machinery
10% straight line
Motor vehicles
25% reducing balance
Fixtures & fittings
25% Straight line
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
NORTH LONDON SCAFFOLD LTD
Notes to the Accounts
for the year ended 30 June 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 July 2024
100,603
1,360,091
514,296
78,599
833
2,054,422
Additions
-
27,368
11,000
115
-
38,483
At 30 June 2025
100,603
1,387,459
525,296
78,714
833
2,092,905
At 1 July 2024
30,180
883,239
365,623
65,698
833
1,345,573
Charge for the year
10,060
138,746
39,919
13,016
-
201,741
At 30 June 2025
40,240
1,021,985
405,542
78,714
833
1,547,314
At 30 June 2025
60,363
365,474
119,754
-
-
545,591
At 30 June 2024
70,423
476,852
148,673
12,901
-
708,849
Amounts falling due within one year
Trade debtors
251,847
418,881
Other debtors
554,626
411,817
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,156
4,352
Trade creditors
343,783
414,256
Taxes and social security
132,313
98,274
Other creditors
678,311
578,216
Other creditors includes £219,760 (2024: £145,086) owed to companies with a director in common with the company and £24,071 (2024: £11,906) to a director of the company.
7
Creditors: amounts falling due after more than one year
2025
2024
NORTH LONDON SCAFFOLD LTD
Notes to the Accounts
for the year ended 30 June 2025
8
Deferred taxation
2025
2024
Accelerated capital allowances
60,000
91,000
Tax losses carried forward
(26,000)
-
Provision at start of year
91,000
109,371
Credited to the profit and loss account
(57,000)
(18,371)
Provision at end of year
34,000
91,000
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
Other creditors includes £219,760 (2024: £145,086) owed to companies with a director in common with the company and £24,071 (2024: £11,906) to a director of the company.
11
Average number of employees
During the year the average number of employees was 10 (2024: 10).