Swale Cleaning Limited - Accounts to registrar (filleted) - small 18.2

Swale Cleaning Limited - Accounts to registrar (filleted) - small 18.2

SWALE CLEANING LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v19.1.1.57 06492318 director 1.4.18 31.3.19 31.3.19 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure064923182018-03-31064923182019-03-31064923182018-04-012019-03-31064923182017-03-31064923182017-04-012018-03-31064923182018-03-3106492318ns15:EnglandWales2018-04-012019-03-3106492318ns14:PoundSterling2018-04-012019-03-3106492318ns10:Director12018-04-012019-03-3106492318ns10:PrivateLimitedCompanyLtd2018-04-012019-03-3106492318ns10:SmallEntities2018-04-012019-03-3106492318ns10:AuditExempt-NoAccountantsReport2018-04-012019-03-3106492318ns10:SmallCompaniesRegimeForDirectorsReport2018-04-012019-03-3106492318ns10:SmallCompaniesRegimeForAccounts2018-04-012019-03-3106492318ns10:FullAccounts2018-04-012019-03-310649231812018-04-012019-03-3106492318ns10:CompanySecretary12018-04-012019-03-3106492318ns10:RegisteredOffice2018-04-012019-03-3106492318ns5:CurrentFinancialInstruments2019-03-3106492318ns5:CurrentFinancialInstruments2018-03-3106492318ns5:ShareCapital2019-03-3106492318ns5:ShareCapital2018-03-3106492318ns5:RetainedEarningsAccumulatedLosses2019-03-3106492318ns5:RetainedEarningsAccumulatedLosses2018-03-3106492318ns5:NetGoodwill2018-04-012019-03-3106492318ns5:IntangibleAssetsOtherThanGoodwill2018-04-012019-03-3106492318ns5:PlantMachinery2018-04-012019-03-3106492318ns5:NetGoodwill2018-03-3106492318ns5:NetGoodwill2019-03-3106492318ns5:NetGoodwill2018-03-3106492318ns5:PlantMachinery2018-03-3106492318ns5:PlantMachinery2019-03-3106492318ns5:PlantMachinery2018-03-3106492318ns5:CurrentFinancialInstrumentsns5:WithinOneYear2019-03-3106492318ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-03-31


REGISTERED NUMBER: 06492318 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31st March 2019

for

Swale Cleaning Limited
Swale Cleaning Limited (Registered number: 06492318)

Contents of the Financial Statements
for the Year Ended 31st March 2019










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Swale Cleaning Limited

Company Information
for the Year Ended 31st March 2019







DIRECTOR: P J A Cripps





SECRETARY: Mrs C D Cripps





REGISTERED OFFICE: 30 High Street
SHEERNESS
Kent
ME12 1NL





REGISTERED NUMBER: 06492318 (England and Wales)





ACCOUNTANTS: Blain Pritchard
Chartered Certified Accountants
29 High Street
Blue Town
SHEERNESS
Kent
ME12 1RN
Page 1
Swale Cleaning Limited (Registered number: 06492318)

Balance Sheet
31st March 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 14,400 16,200
Tangible assets 5 13,739 7,174
28,139 23,374

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 6 22,226 37,936
Cash at bank 31,921 -
55,147 38,936
CREDITORS
Amounts falling due within one year 7 61,465 60,295
NET CURRENT LIABILITIES (6,318 ) (21,359 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
21,821
2,015

PROVISIONS FOR LIABILITIES 2,049 678
NET ASSETS 19,772 1,337

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 18,772 337
SHAREHOLDERS' FUNDS 19,772 1,337

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2019 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 notes form part of these financial statements

Page 2 continued...
Swale Cleaning Limited (Registered number: 06492318)

Balance Sheet - continued
31st March 2019


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 15th December 2019 and were signed by:





P J A Cripps - Director


The notes form part of these financial statements

Page 3
Swale Cleaning Limited (Registered number: 06492318)

Notes to the Financial Statements
for the Year Ended 31st March 2019


1. STATUTORY INFORMATION

Swale 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.

Goodwill
Goodwill is being amortised evenly over its estimated useful life of 10 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.
Plant and machinery etc - 25% 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 Profit and Loss
Account, 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.

Page 4 continued...
Swale Cleaning Limited (Registered number: 06492318)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2019


2. ACCOUNTING POLICIES - continued

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 9 (2018 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2018
and 31st March 2019 18,000
AMORTISATION
At 1st April 2018 1,800
Charge for year 1,800
At 31st March 2019 3,600
NET BOOK VALUE
At 31st March 2019 14,400
At 31st March 2018 16,200

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2018 41,395
Additions 11,145
At 31st March 2019 52,540
DEPRECIATION
At 1st April 2018 34,221
Charge for year 4,580
At 31st March 2019 38,801
NET BOOK VALUE
At 31st March 2019 13,739
At 31st March 2018 7,174

Page 5 continued...
Swale Cleaning Limited (Registered number: 06492318)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2019


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 20,972 28,425
Other debtors 1,254 9,511
22,226 37,936

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Bank loans and overdrafts - 1,848
Taxation and social security 17,126 18,566
Other creditors 44,339 39,881
61,465 60,295

8. RELATED PARTY DISCLOSURES

Included in creditors due within 1 year is an amount owed to the company director by way of a loan
account. The amount owing at the year end was £41,822, the amount is repayable on demand.

Page 6