Peak Scaffold Limited - Filleted accounts

Registered number

10088878

Peak Scaffold Limited

Filleted Accounts

31 March 2026

Peak Scaffold Limited
Registered number:		10088878
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		226,736			232,357

Current assets
Debtors	4	87,031			92,101
Cash at bank and in hand		28,336			39,117
		115,367			131,218

Creditors: amounts falling due within one year	5	(90,871)			(72,981)

Net current assets			24,496			58,237

Total assets less current liabilities			251,232			290,594

Creditors: amounts falling due after more than one year	6		(122,134)			(84,173)

Provisions for liabilities			(56,684)			(58,089)


Net assets			72,414			148,332

Capital and reserves
Called up share capital			4			4
Profit and loss account			72,410			148,328

Shareholders' funds			72,414			148,332

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.




Mr Daniel Paul Briggs
Director
Approved by the board on 14 July 2026

Peak Scaffold Limited
Notes to the Accounts
for the year ended 31 March 2026


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.

	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			20% reducing balance
	Plant and machinery			20% reducing balance
	Motor vehicles			25% reducing balance
	Office equipment			3 years straight line

	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.

	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.

	Government grants
	Government grants are recognised at the fair value of the consideration received when there is reasonable assurance that the grant will be received and that the conditions attached to the grant will be met. A grant that stipulates performance criteria is recognised in income only when these have been met. If no performance criteria are attached to the grant it is recognised in income when the proceeds have been received. A grant received before the recognition criteria have been met is accounted for as a liabilty.

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


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					11		13


3	Tangible fixed assets
		Scaffold		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	276,248		23,096		143,055		442,399
	Additions	65,078		948		-		66,026
	Disposals	-		-		(22,250)		(22,250)
	At 31 March 2026	341,326		24,044		120,805		486,175

	Depreciation
	At 1 April 2025	144,769		14,806		50,467		210,042
	Charge for the year	39,312		2,129		20,792		62,233
	On disposals	-		-		(12,836)		(12,836)
	At 31 March 2026	184,081		16,935		58,423		259,439

	Net book value
	At 31 March 2026	157,245		7,109		62,382		226,736
	At 31 March 2025	131,479		8,290		92,588		232,357


4	Debtors					2026		2025
£							£

	Trade debtors					59,124		53,192
	Other debtors					27,907		38,909
						87,031		92,101


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					23,355		21,306
	Obligations under finance lease and hire purchase contracts					34,756		11,270
	Trade creditors					2,886		739
	Taxation and social security costs					27,398		37,618
	Other creditors					2,476		2,048
						90,871		72,981


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					98,811		69,162
	Obligations under finance lease and hire purchase contracts					23,323		15,011
						122,134		84,173


7	Other financial commitments					2026		2025
£							£

	Total future minimum payments under non-cancellable operating leases					16,700		14,400


8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr Daniel Paul Briggs
	Interest fee and unsecured	18,995		13,453		(18,995)		13,453

	Mrs Claire Louise Briggs
	Interest fee and unsecured	18,995		13,453		(18,995)		13,453

		37,990		26,906		(37,990)		26,906


9	Other information

	Peak Scaffold Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Meadow Side
	Bournemouth Road
	Blandford St Mary
	Dorset
	DT11 9LP