SUPERIOR_SCAFFOLDING_LIMI - Accounts

SUPERIOR SCAFFOLDING LIMITED - Company Information

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Company Registration No. 08797316 (England and Wales)

SUPERIOR SCAFFOLDING LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2014

SUPERIOR SCAFFOLDING LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

3 - 4

SUPERIOR SCAFFOLDING LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SUPERIOR SCAFFOLDING LIMITED FOR THE PERIOD ENDED 31 DECEMBER 2014

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 4 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Superior Scaffolding Limited for the period ended 31 December 2014 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of Superior Scaffolding Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Superior Scaffolding Limited and state those matters that we have agreed to state to the Board of Directors of Superior Scaffolding Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Superior Scaffolding Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Superior Scaffolding Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Superior Scaffolding Limited. You consider that Superior Scaffolding Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Superior Scaffolding Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carpenter Box

18 January 2016

Chartered Accountants

Amelia House

Crescent Road

Worthing

West Sussex

BN11 1QR

SUPERIOR SCAFFOLDING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2014

- 2 -

2014

Notes

Fixed assets

Tangible assets

67,248

Current assets

Debtors

9,468

Cash at bank and in hand

907

10,375

Creditors: amounts falling due within one year

(62,317)

Net current liabilities

(51,942)

Total assets less current liabilities

15,306

Provisions for liabilities

(13,450)

1,856

Capital and reserves

Called up share capital

100

Profit and loss account

1,756

Shareholders' funds

1,856

For the financial period ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 15 January 2016

Miss G U Pockett

Director

Company Registration No. 08797316

SUPERIOR SCAFFOLDING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 DECEMBER 2014

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements have been prepared on a going concern basis, notwithstanding the net current liabilities position at the balance sheet date. The director considers this to be appropriate and is happy to continue supporting the company. The financial statements do not include any adjustments that would result from a withdrawal of this support.

1.2

Turnover

Turnover represents amounts receivable for services net of VAT and trade discounts and is recognised when the services have been provided.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

10% p a reducing balance

Fixtures, fittings & equipment

25% p a straight line

Motor vehicles

25% p a reducing balance

1.4

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 3 December 2013

Additions

73,073

At 31 December 2014

73,073

Depreciation

At 3 December 2013

Charge for the period

5,825

At 31 December 2014

5,825

Net book value

At 31 December 2014

67,248

SUPERIOR SCAFFOLDING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 DECEMBER 2014

- 4 -

Share capital

2014

Allotted, called up and fully paid

100 ordinary shares of £1 each

100

During the period 100 ordinary shares of £1 each were allotted and fully paid at par.