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 2021

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

15,738

18,518

CURRENT ASSETS

Stocks

365

495

Debtors

5

55,236

84,285

Cash at bank

6,344

16,209

61,945

100,989

CREDITORS

Amounts falling due within one year

6

30,590

54,281

NET CURRENT ASSETS

31,355

46,708

TOTAL ASSETS LESS CURRENT LIABILITIES

47,093

65,226

CREDITORS

Amounts falling due after more than one year

7

(33,600

)

(32,626

)

PROVISIONS FOR LIABILITIES

8

(2,990

)

(3,518

)

NET ASSETS

10,503

29,082

CAPITAL AND RESERVES

Called up share capital

9

4

4

Retained earnings

10

10,499

29,078

SHAREHOLDERS' FUNDS

10,503

29,082

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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 31 August 2022 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 6 (2020 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2020

26,365

Additions

1,400

Disposals

(900

)

At 30 November 2021

26,865

DEPRECIATION

At 1 December 2020

7,847

Charge for year

3,735

Eliminated on disposal

(455

)

At 30 November 2021

11,127

NET BOOK VALUE

At 30 November 2021

15,738

At 30 November 2020

18,518

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.21

30.11.20

£

£

Trade debtors

18,984

76,113

Other debtors

36,252

8,172

55,236

84,285

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.21

30.11.20

£

£

Bank loans and overdrafts

10,375

852

Trade creditors

2,525

12,595

Tax

9,808

8,697

VAT

5,858

18,852

Other creditors

224

8,573

Directors' current accounts

-

3,737

Accrued expenses

1,800

975

30,590

54,281

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.21

30.11.20

£

£

Bank loans over 1 year

33,600

-

Bank loans more 5 yr by instal

-

29,000

Other loans - 1-2 years

-

3,626

33,600

32,626

30.11.21

30.11.20

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

29,000

8.	PROVISIONS FOR LIABILITIES

30.11.21

30.11.20

£

£

Deferred tax

2,990

3,518

Deferred

tax

£

Balance at 1 December 2020

3,518

Credit to Statement of Income and Retained Earnings during year

(528

)

Balance at 30 November 2021

2,990

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.21

30.11.20

value:

£

£

2

Ordinary

£2

4

4

10.

RESERVES

Retained

earnings

£

At 1 December 2020

29,078

Profit for the year

1,421

Dividends

(20,000

)

At 30 November 2021

10,499

11.	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.