REGISTERED NUMBER: 08277880 (England and Wales)

SILVERLINE SCAFFOLDING (LINCS) LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L Hardy

M Fotherby

REGISTERED OFFICE:

Rollestone House

20-22 Bridge Street

Horncastle

Lincolnshire

LN9 5HZ

REGISTERED NUMBER:

08277880 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe

Chartered Certified Accountants

Rollestone House

20-22 Bridge Street

Horncastle

Lincolnshire

LN9 5HZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

138,177

114,513

138,177

114,513

CURRENT ASSETS

Stocks

129,832

509,603

Debtors

6

150,104

131,767

Cash at bank

106,719

58,483

386,655

699,853

CREDITORS

Amounts falling due within one year

7

84,943

320,637

NET CURRENT ASSETS

301,712

379,216

TOTAL ASSETS LESS CURRENT LIABILITIES

439,889

493,729

CREDITORS

Amounts falling due after more than one year

8

-

(1,896

)

PROVISIONS FOR LIABILITIES

(34,776

)

(24,625

)

NET ASSETS

405,113

467,208

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

405,013

467,108

SHAREHOLDERS' FUNDS

405,113

467,208

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by:

L Hardy - Director

1.	STATUTORY INFORMATION

Silverline Scaffolding (Lincs) 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.

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of three years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

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 5 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

19,794

AMORTISATION

At 1 December 2024

and 30 November 2025

19,794

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 December 2024

277,287

340

47,407

6,480

331,514

Additions

51,376

-

-

-

51,376

At 30 November 2025

328,663

340

47,407

6,480

382,890

DEPRECIATION

At 1 December 2024

194,081

268

18,255

4,397

217,001

Charge for year

20,085

11

7,288

328

27,712

At 30 November 2025

214,166

279

25,543

4,725

244,713

NET BOOK VALUE

At 30 November 2025

114,497

61

21,864

1,755

138,177

At 30 November 2024

83,206

72

29,152

2,083

114,513

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

52,485

32,138

Other debtors

97,619

99,629

150,104

131,767

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

10,282

Hire purchase contracts

1,896

3,601

Trade creditors

1,988

4,702

Taxation and social security

78,076

168,891

Other creditors

2,983

133,161

84,943

320,637

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

1,896

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2025 and 30 November 2024:

2025

2024

£

£

M Fotherby

Balance outstanding at start of year

(76,926

)

(82,047

)

Amounts advanced

351,315

52,621

Amounts repaid

(247,575

)

(47,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

26,814

(76,926

)

L Hardy

Balance outstanding at start of year

(51,536

)

(65,204

)

Amounts advanced

146,010

68,668

Amounts repaid

(47,575

)

(55,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

46,899

(51,536

)