J D Scaffolding Yorkshire Limited Accounts

J D SCAFFOLDING YORKSHIRE LIMITED - Company Information






J D Scaffolding Yorkshire Limited

	Company No. 10821976
		Information for Filing with The Registrar
		30 June 2022

The Directors present their report and the accounts for the year ended 30 June 2022.

Principal activities
The principal activity of the company during the year under review was Scaffolding services.




Directors

The Directors who served at any time during the year were as follows:

J. Wheldon
D. Wright




































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

D. Wright
Director
01 March 2023

at	30 June 2022
Company No.		10821976	Notes	2022	2021
				£	£
Fixed assets

	Tangible assets		4	74,635	49,582


				74,635	49,582
Current assets
	Stocks		5	-	4,464
	Debtors		6	34,000	8,499

	Cash at bank and in hand			24,267	45,610
				58,267	58,573
Creditors: Amount falling due within one year			7	(70,317)	(44,114)
Net current (liabilities)/assets				(12,050)	14,459
Total assets less current liabilities				62,585	64,041
Creditors: Amounts falling due after more than one year			8	(46,134)	(53,179)



Net assets				16,451	10,862

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		9	16,351	10,762

Total equity				16,451	10,862



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 June 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 01 March 2023
And signed on its behalf by:
D. Wright
Director
01 March 2023

for the year ended 30 June 2022

General information

Its registered number is: 10821976

Its registered office is:

The Coal Yard Station Road

Cattal

York

YO26 8EB

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.

Accounting policies

Turnover

Turnover is generated from the rendering of services. Turnover is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of turnover can be measured reliably
- it is probable that the company will receive the consideration due under the contract
- the stage of completion of the contract at the end of the reporting period can be measured
reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

25% Reducing balance

Motor vehicles

25% Reducing balance

Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

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 profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at 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.

3	Employees
			2022	2021
			Number	Number
		The average monthly number of employees (including directors) during the year was:	7	5

4	Tangible fixed assets
			Plant and machinery	Motor vehicles	Total
			£	£	£
		Cost or revaluation
		At 1 July 2021	30,330	48,032	78,362
		Additions	27,165	22,765	49,930



		At 30 June 2022	57,495	70,797	128,292
		Depreciation
		At 1 July 2021	10,292	18,488	28,780
		Charge for the year	11,800	13,077	24,877



		At 30 June 2022	22,092	31,565	53,657
		Net book values
		At 30 June 2022	35,403	39,232	74,635
		At 30 June 2021	20,038	29,544	49,582

5	Stocks
			2022	2021
			£	£

		Work in progress	-	4,464

			-	4,464

6	Debtors
			2022	2021
			£	£
		Trade debtors	23,582	8,396



		VAT recoverable	10,418	-

		Other debtors	-	103

			34,000	8,499

7	Creditors:
		amounts falling due within one year
			2022	2021
			£	£

		Bank loans and overdrafts	6,389	-

		Obligations under finance lease and hire purchase contracts	8,783	-
		Trade creditors	6,707	4,390

		Corporation tax	5,613	5,070
		Other taxes and social security	2,365	725
		Loans from directors	40,460	33,268
		Other creditors	-	661

			70,317	44,114

8	Creditors:
		amounts falling due after more than one year
			2022	2021
			£	£

		Bank loans and overdrafts	17,611	30,000

		Obligations under finance lease and hire purchase contracts	28,523	23,179




			46,134	53,179

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.