666_SCAFFOLD_LIMITED - Accounts

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The notes on pages 2 - 3 form an integral part of these financial statements.

For the financial year ended 28 February 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and FRS102 Section 1A.

666 Scaffold Limited is a private company limited by shares incorporated in England and Wales. The registered office is Ferriers Lodge, Reigate Road, Hookwood, Surrey, RH6 0HH.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

The director considers the carrying value of trade and other receivables approximate to their fair value.

The director considers the carrying amounts of current liabilities approximate to their fair values.

Other Creditors include an amount of £269 (2017- Nil) being the amount due to the company director Mr Russell Simmons.

The ultimate controlling party is Mr. R. Simmons, the director and holder of 100% of the issued share capital.