REGISTERED NUMBER: 04058274 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

L & D Scaffolding Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr L J O'Shea

Mrs D A O'Shea

Mr D A Gifford

SECRETARY:

Mr L J O'Shea

REGISTERED OFFICE:

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

BUSINESS ADDRESS:

Fayre Oaks

The Orchards

Uckington

Cheltenham

Gloucestershire

GL51 9SS

REGISTERED NUMBER:

04058274 (England and Wales)

ACCOUNTANTS:

ARC & Co. Accountants Limited

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

FIXED ASSETS

Tangible assets

4

185,352

138,879

CURRENT ASSETS

Debtors

5

85,780

46,015

Cash at bank

245,374

235,710

331,154

281,725

CREDITORS

Amounts falling due within one year

6

73,837

53,507

NET CURRENT ASSETS

257,317

228,218

TOTAL ASSETS LESS CURRENT LIABILITIES

442,669

367,097

CREDITORS

Amounts falling due after more than one year

7

-

(12,881

)

PROVISIONS FOR LIABILITIES

9

(44,363

)

(27,417

)

NET ASSETS

398,306

326,799

CAPITAL AND RESERVES

Called up share capital

10

460

460

Retained earnings

11

397,846

326,339

SHAREHOLDERS' FUNDS

398,306

326,799

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 5 August 2026 and were signed on its behalf by:

Mr L J O'Shea - Director

1.	STATUTORY INFORMATION

L & D Scaffolding Ltd. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Improvements to property

-

5% on reducing balance

Plant and machinery

-

10% on cost

Commercial vehicles

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Commercial

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 December 2024

3,000

153,989

79,953

236,942

Additions

3,409

81,541

-

84,950

Disposals

(3,000

)

(13,495

)

-

(16,495

)

At 30 November 2025

3,409

222,035

79,953

305,397

DEPRECIATION

At 1 December 2024

1,204

52,546

44,313

98,063

Charge for year

260

23,554

8,909

32,723

Eliminated on disposal

(1,294

)

(9,447

)

-

(10,741

)

At 30 November 2025

170

66,653

53,222

120,045

NET BOOK VALUE

At 30 November 2025

3,239

155,382

26,731

185,352

At 30 November 2024

1,796

101,443

35,640

138,879

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

Commercial

vehicles

£

COST

At 1 December 2024

69,352

Transfer to ownership

(31,852

)

At 30 November 2025

37,500

DEPRECIATION

At 1 December 2024

34,821

Charge for year

5,273

Transfer to ownership

(18,414

)

At 30 November 2025

21,680

NET BOOK VALUE

At 30 November 2025

15,820

At 30 November 2024

34,531

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

78,503

40,941

VAT

1,694

-

Prepayments

5,583

5,074

85,780

46,015

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

5,000

10,000

Hire purchase contracts

7,881

10,612

Trade creditors

15,721

4,544

Corporation tax

36,562

11,892

Social security and other taxes

3,676

1,540

VAT

-

6,927

Directors' current accounts

1,097

4,242

Accruals & deferred income

3,900

3,750

73,837

53,507

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

-

5,000

Hire purchase contracts

-

7,881

-

12,881

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Hire purchase contracts

7,881

18,493

The hire purchases are secured upon the assets to which they relate.

9.	PROVISIONS FOR LIABILITIES

30.11.25

30.11.24

£

£

Deferred tax

44,363

27,417

Deferred

tax

£

Balance at 1 December 2024

27,417

Charge to Income Statement during year

16,946

Balance at 30 November 2025

44,363

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

200

"A" Ordinary

£1

200

200

200

"B" Ordinary

£1

200

200

60

"C" Ordinary

£1

60

60

460

460

11.

RESERVES

Retained

earnings

£

At 1 December 2024

326,339

Profit for the year

141,507

Dividends

(70,000

)

At 30 November 2025

397,846

12.	RELATED PARTY DISCLOSURES

During the year Mr L J O'Shea and Mrs D A O'Shea, being husband and wife, made net withdrawals from their account of £3,145. The balance on their account at 30 November 2025 was £1,097 in credit (2024 - £4,242). Also during the year they received combined dividends from the company of £70,000 (2024 - £80,000).

13.	ULTIMATE CONTROLLING PARTY

Mr and Mrs O'Shea, being husband and wife, are together the ultimate controlling party by virtue of their holding the majority of the company's issued voting share capital.