Company Registration No. 09720066 (England and Wales)
INNERCITY SCAFFOLDING LIMITED
Unaudited accounts
for the year ended 31 August 2022
INNERCITY SCAFFOLDING LIMITED
Unaudited accounts
Contents
INNERCITY SCAFFOLDING LIMITED
Company Information
for the year ended 31 August 2022
Company Number
09720066 (England and Wales)
Registered Office
Unit 5, Schooner Park Schooner Court
Crossways Business Park
Dartford
Kent
DA2 6NW
United Kingdom
INNERCITY SCAFFOLDING LIMITED
Statement of financial position
as at 31 August 2022
Tangible assets
3,442,419
1,142,627
Inventories
30,954
130,601
Cash at bank and in hand
44,675
50,999
Creditors: amounts falling due within one year
(345,268)
(399,893)
Net current assets
421,747
393,707
Total assets less current liabilities
3,864,166
1,536,334
Creditors: amounts falling due after more than one year
(2,868,912)
(964,866)
Net assets
995,254
571,468
Called up share capital
100
100
Profit and loss account
995,154
571,368
Shareholders' funds
995,254
571,468
For the year ending 31 August 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 March 2023 and were signed on its behalf by
Matthew Phillips
Director
Company Registration No. 09720066
INNERCITY SCAFFOLDING LIMITED
Notes to the Accounts
for the year ended 31 August 2022
INNERCITY SCAFFOLDING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09720066. The registered office is Unit 5, Schooner Park Schooner Court, Crossways Business Park, Dartford, Kent, DA2 6NW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2021
1,225,724
240,390
-
1,466,114
Additions
2,318,868
13,950
128,777
2,461,595
At 31 August 2022
3,544,592
254,340
128,777
3,927,709
At 1 September 2021
216,128
107,359
-
323,487
Charge for the year
92,864
36,745
32,194
161,803
At 31 August 2022
308,992
144,104
32,194
485,290
At 31 August 2022
3,235,600
110,236
96,583
3,442,419
At 31 August 2021
1,009,596
133,031
-
1,142,627
INNERCITY SCAFFOLDING LIMITED
Notes to the Accounts
for the year ended 31 August 2022
Amounts falling due within one year
Trade debtors
691,386
612,000
6
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
229,312
241,216
Trade creditors
115,956
158,677
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
2,868,912
964,866
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).