REGISTERED NUMBER: 04982192 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

PASSINGHAM SCAFFOLDING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Passingham

J Passingham

REGISTERED OFFICE:

13-17 Hursley Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2FW

REGISTERED NUMBER:

04982192 (England and Wales)

ACCOUNTANTS:

Underwood Barron LLP

Monks Brook House

13 - 17 Hursley Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2FW

FIXED ASSETS

Tangible assets

4

145,654

155,162

CURRENT ASSETS

Debtors

5

138,848

84,854

Cash at bank

102,980

283,740

241,828

368,594

CREDITORS

Amounts falling due within one year

6

88,472

148,065

NET CURRENT ASSETS

153,356

220,529

TOTAL ASSETS LESS CURRENT LIABILITIES

299,010

375,691

CREDITORS

Amounts falling due after more than one year

7

(5,000

)

(20,384

)

PROVISIONS FOR LIABILITIES

(33,705

)

(38,775

)

NET ASSETS

260,305

316,532

CAPITAL AND RESERVES

Called up share capital

400

400

Retained earnings

259,905

316,132

SHAREHOLDERS' FUNDS

260,305

316,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

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

J Passingham - Director

1.	STATUTORY INFORMATION

Passingham Scaffolding 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents income derived from the company's principal activity, excluding value added tax.

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 etc

-

33% on cost, 25% on cost, 25% on reducing balance and 20% on cost

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 11 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2025

323,229

Additions

40,495

Disposals

(10,850

)

At 31st March 2026

352,874

DEPRECIATION

At 1st April 2025

168,067

Charge for year

45,710

Eliminated on disposal

(6,557

)

At 31st March 2026

207,220

NET BOOK VALUE

At 31st March 2026

145,654

At 31st March 2025

155,162

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

Plant and

machinery

etc

£

COST

At 1st April 2025

and 31st March 2026

120,965

DEPRECIATION

At 1st April 2025

25,651

Charge for year

23,828

At 31st March 2026

49,479

NET BOOK VALUE

At 31st March 2026

71,486

At 31st March 2025

95,314

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

43,536

67,532

Other debtors

95,312

17,322

138,848

84,854

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

2,500

10,000

Hire purchase contracts

12,884

18,572

Trade creditors

32,044

14,489

Taxation and social security

34,937

93,401

Other creditors

6,107

11,603

88,472

148,065

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

2,500

Hire purchase contracts

5,000

17,884

5,000

20,384

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Hire purchase contracts

17,884

36,456

The hire purchase debt is secured on the assets concerned.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2026 and 31st March 2025:

31.3.26

31.3.25

£

£

J Passingham

Balance outstanding at start of year

(1,730

)

(35,450

)

Amounts advanced

116,002

114,181

Amounts repaid

(98,400

)

(80,461

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

15,872

(1,730

)

J Passingham

Balance outstanding at start of year

(832

)

(885

)

Amounts advanced

140,931

71,605

Amounts repaid

(81,283

)

(71,552

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

58,816

(832

)