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 2019

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

13,229

14,417

CURRENT ASSETS

Stocks

485

417

Debtors

5

27,999

13,338

Cash at bank

-

7,653

28,484

21,408

CREDITORS

Amounts falling due within one year

6

35,963

30,258

NET CURRENT LIABILITIES

(7,479

)

(8,850

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,750

5,567

PROVISIONS FOR LIABILITIES

7

2,514

2,739

NET ASSETS

3,236

2,828

CAPITAL AND RESERVES

Called up share capital

8

4

4

Retained earnings

9

3,232

2,824

SHAREHOLDERS' FUNDS

3,236

2,828

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 August 2020 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 Statement of Income and

Retained Earnings, 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.

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 8 (2018 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2018

17,637

Additions

1,850

At 30 November 2019

19,487

DEPRECIATION

At 1 December 2018

3,220

Charge for year

3,038

At 30 November 2019

6,258

NET BOOK VALUE

At 30 November 2019

13,229

At 30 November 2018

14,417

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.19

30.11.18

£

£

Trade debtors

22,234

9,613

Other debtors

5,765

3,725

27,999

13,338

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.19

30.11.18

£

£

Bank loans and overdrafts

4,374

-

Hire purchase contracts

4,463

5,950

Trade creditors

6,623

4,859

Tax

2,250

221

VAT

10,746

6,224

Other creditors

2,648

436

Directors' current accounts

3,959

11,044

Accrued expenses

900

1,524

35,963

30,258

7.	PROVISIONS FOR LIABILITIES

30.11.19

30.11.18

£

£

Deferred tax

2,514

2,739

Deferred

tax

£

Balance at 1 December 2018

2,739

Credit to Statement of Income and Retained Earnings during year

(225

)

Balance at 30 November 2019

2,514

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.19

30.11.18

value:

£

£

2

Ordinary

£2

4

4

9.

RESERVES

Retained

earnings

£

At 1 December 2018

2,824

Profit for the year

10,408

Dividends

(10,000

)

At 30 November 2019

3,232

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.