REGISTERED NUMBER: SC335366 (Scotland)

Unaudited Financial Statements

for the Year Ended

31 January 2026

for

CLYDE SCAFFOLDING LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Bisset

G Duffy

E Bisset

W Creggan

REGISTERED OFFICE:

20A Garrell Road

Kilsyth

Glasgow

G65 9JX

REGISTERED NUMBER:

SC335366 (Scotland)

ACCOUNTANTS:

WDM Associates

Oakfield House

378 Brandon Street

Motherwell

ML1 1XA

FIXED ASSETS

Tangible assets

4

320,668

229,407

CURRENT ASSETS

Stocks

164,353

293,635

Debtors

5

2,358,077

2,428,898

Cash at bank and in hand

1,149,993

1,221,446

3,672,423

3,943,979

CREDITORS

Amounts falling due within one year

6

(658,774

)

(727,877

)

NET CURRENT ASSETS

3,013,649

3,216,102

TOTAL ASSETS LESS CURRENT LIABILITIES

3,334,317

3,445,509

CREDITORS

Amounts falling due after more than one year

7

(224,901

)

(15,505

)

PROVISIONS FOR LIABILITIES

(61,854

)

(36,094

)

NET ASSETS

3,047,562

3,393,910

CAPITAL AND RESERVES

Called up share capital

12,500

12,500

Retained earnings

3,035,062

3,381,410

SHAREHOLDERS' FUNDS

3,047,562

3,393,910

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 2 October 2026 and were signed on its behalf by:

S Bisset - Director

G Duffy - Director

E Bisset - Director

1.	STATUTORY INFORMATION

Clyde Scaffolding Ltd. is a private company, limited by shares , registered in Scotland. 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 represents net invoiced sales of services during the year, 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.

Land and buildings

-

10% on cost and 4% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

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.

Basic financial instruments

Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised 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 NIL (2025 - 87 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Land and

Plant and

and

buildings

machinery

fittings

£

£

£

COST

At 1 February 2025

98,512

1,148,415

29,465

Additions

-

-

-

At 31 January 2026

98,512

1,148,415

29,465

DEPRECIATION

At 1 February 2025

97,265

977,621

29,424

Charge for year

1,247

139,364

41

At 31 January 2026

98,512

1,116,985

29,465

NET BOOK VALUE

At 31 January 2026

-

31,430

-

At 31 January 2025

1,247

170,794

41

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2025

158,390

20,187

1,454,969

Additions

260,283

-

260,283

At 31 January 2026

418,673

20,187

1,715,252

DEPRECIATION

At 1 February 2025

101,284

19,968

1,225,562

Charge for year

28,181

189

169,022

At 31 January 2026

129,465

20,157

1,394,584

NET BOOK VALUE

At 31 January 2026

289,208

30

320,668

At 31 January 2025

57,106

219

229,407

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

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2025

198,182

99,703

297,885

Additions

-

260,283

260,283

Transfer to ownership

(198,182

)

-

(198,182

)

At 31 January 2026

-

359,986

359,986

DEPRECIATION

At 1 February 2025

140,382

81,329

221,711

Charge for year

49,542

16,288

65,830

Transfer to ownership

(189,924

)

-

(189,924

)

At 31 January 2026

-

97,617

97,617

NET BOOK VALUE

At 31 January 2026

-

262,369

262,369

At 31 January 2025

57,800

18,374

76,174

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

826,651

893,299

Other debtors

1,414,678

1,414,678

Prepayments

116,748

120,921

2,358,077

2,428,898

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

68,513

6,763

Trade creditors

125,179

148,628

Tax

217,438

303,805

Social security and other taxes

111,546

123,136

VAT

8,934

36,667

Accrued expenses

127,164

108,878

658,774

727,877

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

224,901

15,505

8.	RELATED PARTY DISCLOSURES

There is no ultimate controlling party.