Lemon Commercial Cleaning Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10515248 (England and Wales)

LEMON COMMERCIAL CLEANING LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D J Haig

REGISTERED OFFICE:

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

REGISTERED NUMBER:

10515248 (England and Wales)

ACCOUNTANTS:

Green & Co

Chartered Certified Accountants

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

5,794

7,725

CURRENT ASSETS

Debtors

5

2,143

16,404

Cash at bank and in hand

1,436

49

3,579

16,453

CREDITORS

Amounts falling due within one year

6

21,536

29,424

NET CURRENT LIABILITIES

(17,957

)

(12,971

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,163

)

(5,246

)

CREDITORS

Amounts falling due after more than one year

7

4,805

6,824

NET LIABILITIES

(16,968

)

(12,070

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(17,068

)

(12,170

)

SHAREHOLDERS' FUNDS

(16,968

)

(12,070

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the director on 26th September 2019 and were signed by:

D J Haig - Director

1.	STATUTORY INFORMATION

Lemon Commercial 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital

element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2017 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1st January 2018

and 31st December 2018

10,300

DEPRECIATION

At 1st January 2018

2,575

Charge for year

1,931

At 31st December 2018

4,506

NET BOOK VALUE

At 31st December 2018

5,794

At 31st December 2017

7,725

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st January 2018

and 31st December 2018

10,300

DEPRECIATION

At 1st January 2018

and 31st December 2018

2,575

NET BOOK VALUE

At 31st December 2018

7,725

At 31st December 2017

7,725

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

-

14,000

VAT

75

-

Prepayments and accrued income

2,068

2,404

2,143

16,404

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Hire purchase contracts

2,020

1,832

Trade creditors

7,778

4,997

Bumax Limited

4,786

3,630

Hotel service group

2,200

-

Social security and other taxes

-

1,114

VAT

-

3,712

Other creditors

-

8,161

Directors' current accounts

2,972

3,209

Accruals and deferred income

1,780

2,769

21,536

29,424

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Hire purchase contracts

4,805

6,824

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100

9.	RELATED PARTY DISCLOSURES

The company had an outstanding directors loan at the year end due to D J Haig of £2,972. (2017 : D J Haig

owed the company £3,209).