Multiclean Services Maint. & Repairs Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08014153 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

FOR

MULTICLEAN SERVICES MAINTENANCE

AND REPAIRS LIMITED

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

D Hawkeswood

Ms L Hawkeswood

Mrs M Hawkeswood

SECRETARY:

REGISTERED OFFICE:

206 Turners Hill

Cheshunt

Waltham Cross

Herefordshire

EN8 9DE

REGISTERED NUMBER:

08014153 (England and Wales)

ACCOUNTANTS:

C & H Associates

T/A Mobile Accountants

Chartered Management Accountants

206 Turners Hill

cheshunt

Hertfordshire

EN8 9DE

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a

Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

Respective Responsibilities of the Directors and Reporting Accountants

As described in the directors report, the director is responsible for the preparation of the financial statements in accordance

with applicable law and United Kingdom Accounting Standards. They consider the company is exempt from audit. Our

responsibilities are to prepare the financial statements on behalf of the director, based on the company's accounting records

and instruction from the directors.

Basis Of Opinion

We prepared the financial statements in accordance with best practice. We compared the financial statements with the

accounting records maintained by the company and made such limited enquiries of the company, as we considered

necessary for the preparation of these financial statements.

We have not carried out an audit in accordance with Auditing Standards. Accordingly, we do not express an audit opinion

on the financial statement. The financial statements are free from material misstatement whether by error, fraud or any other

irregularities.

Opinion

In our opinion:

(a) the financial statements are in agreement with accounting standards maintained by the companies act 2006 under section

386 and 387 as well as information provided by the directors.

(b) having regards only to, and on the basis of the information contained in those accounting records and instructions from

the directors, the financial statements have been drawn up in a manner consistent with the requirements on the Companies

Act 2006 and generally accepted accounting principles

C & H Associates

T/A Mobile Accountants

Chartered Management Accountants

206 Turners Hill

cheshunt

Hertfordshire

EN8 9DE

Date: .............................................

FIXED ASSETS

Intangible assets

4

354,250

381,500

Tangible assets

5

105,029

101,238

459,279

482,738

CURRENT ASSETS

Debtors

6

89,939

113,029

Prepayments and accrued income

-

4,782

Cash at bank and in hand

35,294

62,665

125,233

180,476

CREDITORS

Amounts falling due within one year

7

112,715

101,666

NET CURRENT ASSETS

12,518

78,810

TOTAL ASSETS LESS CURRENT LIABILITIES

471,797

561,548

CREDITORS

Amounts falling due after more than one year

8

61,326

180,591

NET ASSETS

410,471

380,957

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

410,371

380,857

SHAREHOLDERS' FUNDS

410,471

380,957

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 13 August 2019 and were signed on its behalf by:

D Hawkeswood - Director

1.	STATUTORY INFORMATION

Multiclean Services Maintenance And Repairs Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any

accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will

be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 24 (2018 - 33 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2018

and 31 March 2019

545,000

AMORTISATION

At 1 April 2018

163,500

Charge for year

27,250

At 31 March 2019

190,750

NET BOOK VALUE

At 31 March 2019

354,250

At 31 March 2018

381,500

Goodwill, being the amount paid in connection with the acquisition of a business in 01/04/12, being amortised

evenly over its estimated useful life of 20 years.

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

156,320

Additions

58,059

Disposals

(3,310

)

At 31 March 2019

211,069

DEPRECIATION

At 1 April 2018

55,082

Charge for year

55,632

Eliminated on disposal

(4,674

)

At 31 March 2019

106,040

NET BOOK VALUE

At 31 March 2019

105,029

At 31 March 2018

101,238

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

73,923

111,574

Other debtors

16,016

1,455

89,939

113,029

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade creditors

29,579

23,944

Taxation and social security

33,259

67,780

Other creditors

49,877

9,942

112,715

101,666

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.19

31.3.18

£

£

Hire purchase contracts

61,326

52,970

Other creditors

-

127,621

61,326

180,591