Careclean UK Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03204444 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th April 2020

for

Careclean UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J R Williams

SECRETARY:

J R Williams

REGISTERED OFFICE:

111a Station Road

West Wickham

Kent

BR4 OPX

REGISTERED NUMBER:

03204444 (England and Wales)

ACCOUNTANTS:

Daniels & Co (Accountants) Limited

Chartered Accountants

111a Station Road

West Wickham

Kent

BR4 0PX

FIXED ASSETS

Intangible assets

4

72,000

81,000

Tangible assets

5

4,448

6,672

76,448

87,672

CURRENT ASSETS

Stocks

3,785

3,500

Debtors

6

23,746

36,754

Cash at bank and in hand

24,488

51,015

52,019

91,269

CREDITORS

Amounts falling due within one year

7

50,156

95,901

NET CURRENT ASSETS/(LIABILITIES)

1,863

(4,632

)

TOTAL ASSETS LESS CURRENT LIABILITIES

78,311

83,040

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

78,309

83,038

SHAREHOLDERS' FUNDS

78,311

83,040

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2020 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th April 2021 and were signed by:

J R Williams - Director

1.	STATUTORY INFORMATION

Careclean UK 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, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

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 cost

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 50 (2019 - 70 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st May 2019

and 30th April 2020

90,000

AMORTISATION

At 1st May 2019

9,000

Charge for year

9,000

At 30th April 2020

18,000

NET BOOK VALUE

At 30th April 2020

72,000

At 30th April 2019

81,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st May 2019

and 30th April 2020

8,896

DEPRECIATION

At 1st May 2019

2,224

Charge for year

2,224

At 30th April 2020

4,448

NET BOOK VALUE

At 30th April 2020

4,448

At 30th April 2019

6,672

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

23,746

36,754

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

7,725

11,316

Taxation and social security

28,339

71,889

Other creditors

14,092

12,696

50,156

95,901