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 2020

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

18,518

13,229

CURRENT ASSETS

Stocks

495

485

Debtors

5

84,285

27,999

Cash at bank

16,209

-

100,989

28,484

CREDITORS

Amounts falling due within one year

6

54,281

35,963

NET CURRENT ASSETS/(LIABILITIES)

46,708

(7,479

)

TOTAL ASSETS LESS CURRENT LIABILITIES

65,226

5,750

CREDITORS

Amounts falling due after more than one year

7

(32,626

)

-

PROVISIONS FOR LIABILITIES

8

(3,518

)

(2,514

)

NET ASSETS

29,082

3,236

CAPITAL AND RESERVES

Called up share capital

9

4

4

Retained earnings

10

29,078

3,232

SHAREHOLDERS' FUNDS

29,082

3,236

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

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

The financial statements were approved by the director and authorised for issue on 16 August 2021 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 (2019 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2019

19,487

Additions

13,878

Disposals

(7,000

)

At 30 November 2020

26,365

DEPRECIATION

At 1 December 2019

6,258

Charge for year

4,184

Eliminated on disposal

(2,595

)

At 30 November 2020

7,847

NET BOOK VALUE

At 30 November 2020

18,518

At 30 November 2019

13,229

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.20

30.11.19

£

£

Trade debtors

76,113

22,234

Other debtors

8,172

5,765

84,285

27,999

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.20

30.11.19

£

£

Bank loans and overdrafts

852

4,374

Hire purchase contracts

-

4,463

Trade creditors

12,595

6,623

Tax

8,697

2,250

VAT

18,852

10,746

Other creditors

8,573

2,648

Directors' current accounts

3,737

3,959

Accrued expenses

975

900

54,281

35,963

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.20

30.11.19

£

£

Bank loans more 5 yr by instal

29,000

-

Other loans - 1-2 years

3,626

-

32,626

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

29,000

-

8.	PROVISIONS FOR LIABILITIES

30.11.20

30.11.19

£

£

Deferred tax

3,518

2,514

Deferred

tax

£

Balance at 1 December 2019

2,514

Charge to Statement of Income and Retained Earnings during year

1,004

Balance at 30 November 2020

3,518

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.20

30.11.19

value:

£

£

2

Ordinary

£2

4

4

10.

RESERVES

Retained

earnings

£

At 1 December 2019

3,232

Profit for the year

40,846

Dividends

(15,000

)

At 30 November 2020

29,078

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.