Perk Clean Plus Limited Filleted accounts for Companies House (small and micro)

Perk Clean Plus Limited Filleted accounts for Companies House (small and micro)

PERK CLEAN PLUS LIMITED - Company Information

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false false false false false false false false false true false false false false false false false No description of principal activity 2018-07-01 Sage Accounts Production Advanced 2019 - FRS102_2014 85,000 50,000 4,000 54,000 31,000 35,000 10,000 9,999 1 1 xbrli:pure xbrli:shares iso4217:GBP 5158937 2018-07-01 2019-06-30 5158937 2019-06-30 5158937 2018-06-30 5158937 2017-07-01 2018-06-30 5158937 2018-06-30 5158937 core:NetGoodwill 2018-07-01 2019-06-30 5158937 bus:Director1 2018-07-01 2019-06-30 5158937 core:NetGoodwill 2018-06-30 5158937 core:NetGoodwill 2019-06-30 5158937 core:WithinOneYear 2019-06-30 5158937 core:WithinOneYear 2018-06-30 5158937 core:ShareCapital 2019-06-30 5158937 core:ShareCapital 2018-06-30 5158937 core:RetainedEarningsAccumulatedLosses 2019-06-30 5158937 core:RetainedEarningsAccumulatedLosses 2018-06-30 5158937 core:NetGoodwill 2018-06-30 5158937 bus:SmallEntities 2018-07-01 2019-06-30 5158937 bus:AuditExemptWithAccountantsReport 2018-07-01 2019-06-30 5158937 bus:FullAccounts 2018-07-01 2019-06-30 5158937 bus:SmallCompaniesRegimeForAccounts 2018-07-01 2019-06-30 5158937 bus:PrivateLimitedCompanyLtd 2018-07-01 2019-06-30 5158937 core:PlantMachinery 2018-07-01 2019-06-30 5158937 core:PlantMachinery 2019-06-30 5158937 core:PlantMachinery 2018-06-30
COMPANY REGISTRATION NUMBER: 5158937
Perk Clean Plus Limited
Filleted Unaudited Financial Statements
30 June 2019
Perk Clean Plus Limited
Statement of Financial Position
30 June 2019
2019
2018
Note
£
£
£
Fixed assets
Intangible assets
5
31,000
35,000
Tangible assets
6
1
1
--------
--------
31,001
35,001
Current assets
Stocks
–
400
Cash at bank and in hand
8,692
6,936
-------
-------
8,692
7,336
Creditors: amounts falling due within one year
7
6,982
6,949
-------
-------
Net current assets
1,710
387
--------
--------
Total assets less current liabilities
32,711
35,388
--------
--------
Net assets
32,711
35,388
--------
--------
Capital and reserves
Called up share capital
2
2
Profit and loss account
32,709
35,386
--------
--------
Shareholders funds
32,711
35,388
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- 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 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Perk Clean Plus Limited
Statement of Financial Position (continued)
30 June 2019
These financial statements were approved by the board of directors and authorised for issue on 21 March 2020 , and are signed on behalf of the board by:
Mr H Mustafa
Director
Company registration number: 5158937
Perk Clean Plus Limited
Notes to the Financial Statements
Year ended 30 June 2019
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 2, 32-34 Station Close, Herts, EN6 1TL.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
10% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
25% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2018: 2 ).
5. Intangible assets
Goodwill
£
Cost
At 1 July 2018 and 30 June 2019
85,000
--------
Amortisation
At 1 July 2018
50,000
Charge for the year
4,000
--------
At 30 June 2019
54,000
--------
Carrying amount
At 30 June 2019
31,000
--------
At 30 June 2018
35,000
--------
6. Tangible assets
Equipment
Total
£
£
Cost
At 1 July 2018 and 30 June 2019
10,000
10,000
--------
--------
Depreciation
At 1 July 2018 and 30 June 2019
9,999
9,999
--------
--------
Carrying amount
At 30 June 2019
1
1
--------
--------
At 30 June 2018
1
1
--------
--------
7. Creditors: amounts falling due within one year
2019
2018
£
£
Corporation tax
1,166
1,133
Other creditors
5,816
5,816
-------
-------
6,982
6,949
-------
-------
8. Related party transactions
No transactions with related parties were undertaken such as are required to be disclosed.