Procleanse Limited 30/09/2023 iXBRL
Procleanse Limited 30/09/2023 iXBRL
Company registration number:
07046461
Contents
Abridged statement of financial position
Notes to the financial statements
Abridged statement of financial position
30 September 2023
2023 | 2022 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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Current assets | |||||||||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 6 |
(
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(
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_______ | _______ | ||||||||
Net current (liabilities)/assets |
(
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_______ | _______ | ||||||||
Total assets less current liabilities |
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Creditors: amounts falling due | |||||||||
after more than one year | 7 |
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(
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Provisions for liabilities |
(
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_______ | _______ | ||||||||
Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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_______ | _______ | ||||||||
Shareholders funds |
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_______ | _______ | ||||||||
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
10 October 2023
, and are signed on behalf of the board by:
Director
Company registration number:
07046461
Notes to the financial statements
Year ended 30 September 2023
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 28-30 Grange Road West, Birkenhead, Wirral, CH41 4DA.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Operating leases
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment | - |
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Motor vehicles | - |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
Stocks
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.
Government grants are recognised using the accrual model and the performance model.
Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
39
(2022:
40
).
5.
Tangible assets
£ | ||
Cost | ||
At 1 October 2022 |
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Additions |
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Disposals |
(
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_______ | ||
At 30 September 2023 |
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Depreciation | ||
At 1 October 2022 |
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Charge for the year |
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Disposals |
(
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At 30 September 2023 |
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Carrying amount | ||
At 30 September 2023 |
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At 30 September 2022 |
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6.
Creditors: amounts falling due within one year
Included within creditors <1yr is an amount of £15,957 (2022 - £11,858) which relates to hire purchase liabilities secured against the assets to which they relate. The bank overdraft of £6,702 (2022 - £5,457) is secured by way of a personal guarantee by the director.
7.
Creditors: amounts falling due after more than one year
Included within creditors >1yr is an amount of £44,088 (2022 - £27,081) which relates to hire purchase liabilities secured against the assets to which they relate.