ES Industrial Cleaning Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10502922 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2018

FOR

ES INDUSTRIAL CLEANING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

E Scerbavicius

SECRETARY:

E Scerbavicius

REGISTERED OFFICE:

Unit 21, Estate Road No 7

South Humberside Industrial Estate

Grimsby

Lincolnshire

DN31 2TP

REGISTERED NUMBER:

10502922 (England and Wales)

ACCOUNTANTS:

Stevenson & Co

The Old Ambulance Station

Grammar School Road

Brigg

DN20 8AF

FIXED ASSETS

Tangible assets

4

14,417

8,976

CURRENT ASSETS

Stocks

417

-

Debtors

5

13,338

4,499

Cash at bank and in hand

7,653

846

21,408

5,345

CREDITORS

Amounts falling due within one year

6

30,258

9,416

NET CURRENT LIABILITIES

(8,850

)

(4,071

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,567

4,905

PROVISIONS FOR LIABILITIES

7

2,739

1,705

NET ASSETS

2,828

3,200

CAPITAL AND RESERVES

Called up share capital

8

4

4

Retained earnings

9

2,824

3,196

SHAREHOLDERS' FUNDS

2,828

3,200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 16 August 2019 and were signed by:

E Scerbavicius - Director

1.	STATUTORY INFORMATION

ES Industrial Cleaning 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.

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 etc

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 statement of financial position date.

Deferred tax

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

statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2017

10,253

Additions

7,384

At 30 November 2018

17,637

DEPRECIATION

At 1 December 2017

1,277

Charge for year

1,943

At 30 November 2018

3,220

NET BOOK VALUE

At 30 November 2018

14,417

At 30 November 2017

8,976

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Trade debtors

9,613

4,499

Other debtors

3,725

-

13,338

4,499

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Hire purchase contracts

5,950

-

Trade creditors

4,859

-

Tax

221

221

Social security and other taxes

-

690

VAT

6,224

-

Other creditors

436

-

Directors' current accounts

11,044

7,485

Accrued expenses

1,524

1,020

30,258

9,416

7.	PROVISIONS FOR LIABILITIES

30.11.18

30.11.17

£

£

Deferred tax

2,739

1,705

Deferred

tax

£

Balance at 1 December 2017

1,705

Provided during year

1,034

Balance at 30 November 2018

2,739

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.18

30.11.17

value:

£

£

2

Ordinary

£2

4

4

9.

RESERVES

Retained

earnings

£

At 1 December 2017

3,196

Profit for the year

2,628

Dividends

(3,000

)

At 30 November 2018

2,824

10.	RELATED PARTY DISCLOSURES

The company is controlled by the director, who owns 100% of the share capital.

The directors current account is repayable upon demand.