MD Scaffolding Services Ltd - Filleted accounts

Registered number

05739794

MD Scaffolding Services Ltd

Filleted Accounts

31 March 2025

MD Scaffolding Services Ltd
Registered number:		05739794
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		237,209			275,245

Current assets
Debtors	4	262,484			337,961
Cash at bank and in hand		17,249			9,203
		279,733			347,164

Creditors: amounts falling due within one year	5	(195,231)			(281,623)

Net current assets			84,502			65,541

Total assets less current liabilities			321,711			340,786

Creditors: amounts falling due after more than one year	6		(83,396)			(98,781)



Net assets			238,315			242,005

Capital and reserves
Called up share capital			100			100
Profit and loss account			238,215			241,905

Shareholders' funds			238,315			242,005

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Martin Nind
Director
Approved by the board on 27 June 2025

MD Scaffolding Services Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					18		18


3	Tangible fixed assets
		Scaffold Equipment		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	695,527		13,529		102,152		811,208
	Additions	-		-		14,450		14,450
	At 31 March 2025	695,527		13,529		116,602		825,658

	Depreciation
	At 1 April 2024	460,354		13,530		62,079		535,963
	Charge for the year	47,035		-		5,452		52,487
	On disposals	-		(1)		-		(1)
	At 31 March 2025	507,389		13,529		67,531		588,449

	Net book value
	At 31 March 2025	188,138		-		49,071		237,209
	At 31 March 2024	235,173		(1)		40,073		275,245


4	Debtors					2025		2024
£							£

	Trade debtors					209,855		268,190
	Other debtors					52,629		69,771
						262,484		337,961


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					-		104,603
	Obligations under finance lease and hire purchase contracts					2,798		1,770
	Trade creditors					10,353		19,764
	Directors Loan Account					794		9,744
	Taxation and social security costs					144,298		142,927
	Other creditors					36,988		2,815
						195,231		281,623


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					76,169		98,781
	Obligations under finance lease and hire purchase contracts					7,227		-
						83,396		98,781


7	Other information

	MD Scaffolding Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	15 Potters Way
	Ilkeston
	Derbyshire
	DE7 5EX