Access Scaffolding (Cheltenham) Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 07380028 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Access Scaffolding (Cheltenham) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B K Davis

Mrs J Davis

Mrs L Harding

REGISTERED OFFICE:

17 Alverton Drive

Bishops Cleeve

Cheltenham

Gloucestershire

GL52 8TD

REGISTERED NUMBER:

07380028 (England and Wales)

ACCOUNTANTS:

Francis & Co

Second Floor

123 Promenade

Cheltenham

Gloucestershire

GL50 1NW

FIXED ASSETS

Tangible assets

4

8,127

33,789

CURRENT ASSETS

Stocks

15,000

-

Debtors

5

27,758

36,801

Cash at bank

7,216

10,995

49,974

47,796

CREDITORS

Amounts falling due within one year

6

52,394

25,638

NET CURRENT (LIABILITIES)/ASSETS

(2,420

)

22,158

TOTAL ASSETS LESS CURRENT LIABILITIES

5,707

55,947

CREDITORS

Amounts falling due after more than one year

7

5,540

28,135

NET ASSETS

167

27,812

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

67

27,712

SHAREHOLDERS' FUNDS

167

27,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 16 May 2024 and were signed on its behalf by:

Mrs L Harding - Director

1.	STATUTORY INFORMATION

Access Scaffolding (Cheltenham) 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.

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.

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

-

20% on cost

Motor vehicles

-

20% 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.

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 12 (2023 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2023

138,876

33,000

171,876

Additions

450

5,000

5,450

Disposals

(15,300

)

(33,000

)

(48,300

)

At 31 March 2024

124,026

5,000

129,026

DEPRECIATION

At 1 April 2023

131,487

6,600

138,087

Charge for year

3,712

1,000

4,712

Eliminated on disposal

(15,300

)

(6,600

)

(21,900

)

At 31 March 2024

119,899

1,000

120,899

NET BOOK VALUE

At 31 March 2024

4,127

4,000

8,127

At 31 March 2023

7,389

26,400

33,789

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.24

31.3.23

£

£

Trade debtors

18,680

30,795

Other debtors

9,078

6,006

27,758

36,801

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.24

31.3.23

£

£

Bank loans and overdrafts

3,000

3,000

Trade creditors

14,306

9,441

Taxation and social security

28,578

7,126

Other creditors

6,510

6,071

52,394

25,638

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.24

31.3.23

£

£

Bank loans

5,500

8,500

Other creditors

40

19,635

5,540

28,135