Wallington Scaffolding Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02319030 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Wallington Scaffolding Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Taylor

A M Taylor

SECRETARY:

A M Taylor

REGISTERED OFFICE:

Airport House

Purley Way

Croydon

United Kingdom

CR0 0XZ

REGISTERED NUMBER:

02319030 (England and Wales)

ACCOUNTANTS:

RAA Ledger Sparks Ltd

Airport House

Suite 43-45

Purley Way

Croydon

CR0 0XZ

Fixed assets

Tangible assets

4

714,782

818,530

Current assets

Debtors

5

323,314

329,065

Cash at bank and in hand

21,247

20,857

344,561

349,922

Creditors

Amounts falling due within one year

6

(213,693

)

(178,738

)

Net current assets

130,868

171,184

Total assets less current liabilities

845,650

989,714

Creditors

Amounts falling due after more than one year

7

(21,108

)

(32,025

)

Provisions for liabilities

9

(185,605

)

(180,354

)

Net assets

638,937

777,335

Capital and reserves

Called up share capital

200

Revaluation reserve

10

381,709

456,554

Retained earnings

10

257,028

320,581

638,937

777,335

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 30 October 2026 and were signed on its behalf by:

P Taylor - Director

1.	STATUTORY INFORMATION

Wallington Scaffolding 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The principal activity of the company was that of erection and hire of scaffolding to the building industry.

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 amounts receivable for goods and services net of VAT and trade discounts.

TANGIBLE FIXED ASSETS

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery

10% on cost

Fixtures and fittings

25% on cost

Motor vehicles

25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is credited or charged to profit or loss.

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

TAXATION

The tax expense represents the sum of the tax currently payable and deferred tax.

CURRENT TAX

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

DEFERRED TAX

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

PROVISIONS FOR LIABILITIES

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the income statement in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the Balance sheet.

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The company operates a defined contribution pension plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in the income statement when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds

GOING CONCERN

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 February 2025

1,278,494

12,460

266,658

1,557,612

Additions

8,195

-

8,195

Disposals

(498

)

-

(498

)

At 31 January 2026

1,286,191

12,460

266,658

1,565,309

DEPRECIATION

At 1 February 2025

545,608

9,791

183,683

739,082

Charge for year

90,099

1,100

20,744

111,943

Eliminated on disposal

(498

)

-

(498

)

At 31 January 2026

635,209

10,891

204,427

850,527

NET BOOK VALUE

At 31 January 2026

650,982

1,569

62,231

714,782

At 31 January 2025

732,886

2,669

82,975

818,530

The fair value of the plant and machineries have been arrived at on the basis of a valuation provided by directors based on open market value. Deferred tax has been calculated on the revalued amounts and provided for within the financial statements.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

142,298

143,720

Other debtors

181,016

185,345

323,314

329,065

The directors consider the carrying value of trade and other receivables approximate to their fair value.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Hire purchase contracts (see note 8)

8,734

Trade creditors

10,934

32,385

Taxation and social security

182,557

129,647

Other creditors

11,468

7,972

213,693

178,738

The directors consider the carrying amounts of current liabilities approximate to their fair values.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Hire purchase contracts (see note 8)

21,108

32,025

The directors consider the carrying amounts of long term liabilities approximate to their fair values.

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2026

2025

£

Net obligations repayable:

Within one year

8,734

Between one and five years

21,108

32,025

29,842

40,759

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

Deferred tax

43,399

38,148

Deferred taxation liability -

on revaluation of assets

142,206

185,605

180,354

Deferred

tax

£

Balance at 1 February 2025

180,354

Provided during year

5,251

Balance at 31 January 2026

185,605

10.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 February 2025

320,581

456,554

777,135

Profit for the year

204,676

Dividends

(343,074

)

(343,074

)

Transfer

74,845

(74,845

)

-

At 31 January 2026

257,028

381,709

638,737

PROFIT AND LOSS RESERVES

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

REVALUATION RESERVES

Revaluation reserve consist of revaluation adjustments and deferred tax in relation to plant and machineries. This is a non-distributable reserve.

11.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension costs charge represents contributions payable by the company to the fund and amounted to £1,236 (2025 - £1,681).

The Company makes gross contributions to the directors personal defined contribution pension scheme that are charged to the profit and loss account in the period when they are paid. During the year the company made £9,000 (2025 - £9,000) contributions to the directors personal defined contribution pension scheme.

Contribution totalling £267 (2025 - £218) were payable to fund at balance sheet date and are included in other creditors.

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

P Taylor

Balance outstanding at start of year

67,850

30,115

Amounts advanced

112,546

136,019

Amounts repaid

(125,956

)

(98,284

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

54,440

67,850

A M Taylor

Balance outstanding at start of year

67,849

1,333

Amounts advanced

109,205

150,768

Amounts repaid

(122,614

)

(84,252

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

54,440

67,849

13.	RELATED PARTY DISCLOSURES

As at the balance sheet date, included in other debtors were amounts of £108,880 (2025 - £135,699) due from the directors. This loan is interest free and repayable on demand.