REGISTERED NUMBER: 03027234 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

OWEN SCAFFOLD CONTRACTORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E M Owen

C Ewing

J Murphy

C Bishop

J Owen

M Halpin

SECRETARY:

C Ewing

REGISTERED OFFICE:

Tudor Close

Polegate Road

Hailsham

East Sussex

BN27 3PG

REGISTERED NUMBER:

03027234 (England and Wales)

ACCOUNTANTS:

LMDB Accountants

Chartered Certified Accountants

Railview Lofts

19c Commercial Road

Eastbourne

East Sussex

BN21 3XE

FIXED ASSETS

Tangible assets

4

1,861,706

2,141,911

CURRENT ASSETS

Debtors

5

1,934,545

1,842,634

Cash at bank

666,624

659,230

2,601,169

2,501,864

CREDITORS

Amounts falling due within one year

6

558,588

559,657

NET CURRENT ASSETS

2,042,581

1,942,207

TOTAL ASSETS LESS CURRENT LIABILITIES

3,904,287

4,084,118

CREDITORS

Amounts falling due after more than one year

7

(78,583

)

(171,210

)

PROVISIONS FOR LIABILITIES

(372,686

)

(415,505

)

NET ASSETS

3,453,018

3,497,403

CAPITAL AND RESERVES

Called up share capital

9

2,016

2,016

Share premium

6,522

6,522

Retained earnings

3,444,480

3,488,865

SHAREHOLDERS' FUNDS

3,453,018

3,497,403

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 17 July 2026 and were signed on its behalf by:

E M Owen - Director

1.	STATUTORY INFORMATION

Owen Scaffold Contractors 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.

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 comprises increases in valuations on contracts and services provided, and excludes valued added tax. The directors consider that all turnover may properly be classified as arising from a single class of continuing activity.The Company operates in the United Kingdom.

Interest income is recognised when received.

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

-

50% on cost, 33% on cost, 25% on reducing balance, 25% on cost, 10% on cost and Straight line over 15 years

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 53 (2024 - 53 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

5,272,256

Additions

234,543

Disposals

(140,517

)

At 31 October 2025

5,366,282

DEPRECIATION

At 1 November 2024

3,130,345

Charge for year

485,890

Eliminated on disposal

(111,659

)

At 31 October 2025

3,504,576

NET BOOK VALUE

At 31 October 2025

1,861,706

At 31 October 2024

2,141,911

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

Plant and

machinery

etc

£

COST

At 1 November 2024

389,046

Disposals

(71,917

)

At 31 October 2025

317,129

DEPRECIATION

At 1 November 2024

151,162

Charge for year

55,257

Eliminated on disposal

(50,848

)

At 31 October 2025

155,571

NET BOOK VALUE

At 31 October 2025

161,558

At 31 October 2024

237,884

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

842,810

501,381

Amounts recoverable on contract

249,319

567,092

Other debtors

842,416

774,161

1,934,545

1,842,634

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

67,127

74,888

Trade creditors

58,623

225,897

Taxation and social security

275,007

53,906

Other creditors

157,831

204,966

558,588

559,657

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

78,583

171,210

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

67,127

74,888

Between one and five years

78,583

171,210

145,710

246,098

Non-cancellable

operating leases

2025

2024

£

£

Within one year

66,000

11,000

Between one and five years

66,000

66,000

In more than five years

132,000

253,000

264,000

330,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,998

A Ordinary

£1

1,998

1,998

5

B Ordinary

£1

5

5

5

C Ordinary

£1

5

5

1

D Ordinary

£1

1

1

1

E Ordinary

£1

1

1

1

F Ordinary

£1

1

1

1

G Ordinary

£1

1

1

1

H Ordinary

£1

1

1

1

I Ordinary

£1

1

1

1

J Ordinary

£1

1

1

1

K Ordinary

£1

1

1

2,016

2,016

10.	ULTIMATE CONTROLLING PARTY

The company's ultimate controlling parties during the year under review were Mr E Owen and Mr W Dixon by virtue of their majority holdings in the company.