Advance Cleaning Services Limited - Limited company - abbreviated - 11.6
Advance Cleaning Services Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2015 |
| FOR |
| ADVANCE CLEANING SERVICES LIMITED |
| ADVANCE CLEANING SERVICES LIMITED (REGISTERED NUMBER: 04217497) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MAY 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| ADVANCE CLEANING SERVICES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MAY 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| ADVANCE CLEANING SERVICES LIMITED (REGISTERED NUMBER: 04217497) |
| ABBREVIATED BALANCE SHEET |
| 31 MAY 2015 |
| 31/5/15 | 31/5/14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Revaluation reserve |
| Capital redemption reserve |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| ADVANCE CLEANING SERVICES LIMITED (REGISTERED NUMBER: 04217497) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 MAY 2015 |
| The financial statements were approved by the Board of Directors on its behalf by: |
| ADVANCE CLEANING SERVICES LIMITED (REGISTERED NUMBER: 04217497) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MAY 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance |
| with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods and services, excluding value added tax. |
| Goodwill |
| Having acquired 50% of the share capital in 2013 the directors have included the acquisition cost as |
| goodwill and will review this valuation on an annual basis. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due |
| allowance for obsolete and slow moving stock. |
| 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 the profit and loss account in the period to which they |
| relate. |
| Hire purchase and leasing commitments |
| Assets held under finance leases are included in fixed assets at cost. Depreciation on the leased |
| assets is calculated to write off over the shorter of the lease term and the useful life of the asset. |
| Going concern |
| The financial statements have been prepared on a going concern basis. The directors continue to |
| provide support to the company and the company's bankers continue to provide their support with an |
| ongoing invoice discounting facility. The directors have a reasonable expectation that the company has |
| adequate resources to continue in operational existence for the foreseeable future. Thus they continue |
| to adopt a going concern basis of accounting in preparing the annual financial statements. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 June 2014 |
| and 31 May 2015 |
| NET BOOK VALUE |
| At 31 May 2015 |
| At 31 May 2014 |
| ADVANCE CLEANING SERVICES LIMITED (REGISTERED NUMBER: 04217497) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MAY 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 June 2014 |
| Additions |
| Disposals | ( |
) |
| At 31 May 2015 |
| DEPRECIATION |
| At 1 June 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 May 2015 |
| NET BOOK VALUE |
| At 31 May 2015 |
| At 31 May 2014 |
| The net book value of tangible fixed assets includes £40,717 (2014 - £37,095) in respect of assets |
| held under finance leases or hire purchase contracts. The depreciation charge in respect of such |
| assets amounted to £5,564 (2014 - £12,365) for the year. |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/5/15 | 31/5/14 |
| value: | £ | £ |
| Ordinary £1 | 1.00 |