The St. Neots Cleaning Company Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06877411 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

THE ST. NEOTS CLEANING COMPANY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr S J Bridgeland-Hewitt

Mr L Bridgeland-Hewitt

REGISTERED OFFICE:

19 Levellers Lane

Eynesbury

St. Neots

Cambridgeshire

PE19 2JL

REGISTERED NUMBER:

06877411 (England and Wales)

ACCOUNTANTS:

Davey Grover Limited

Chartered Accountants

Fenice Court

Phoenix Business Park

Eaton Socon

St. Neots

Cambridgeshire

PE19 8EP

FIXED ASSETS

Intangible assets

2

22,500

30,000

Tangible assets

3

12,226

13,460

34,726

43,460

CURRENT ASSETS

Stocks

1,275

1,234

Debtors

51,477

41,346

Cash at bank and in hand

42,216

47,018

94,968

89,598

CREDITORS

Amounts falling due within one year

92,386

98,304

NET CURRENT ASSETS/(LIABILITIES)

2,582

(8,706

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

37,308

34,754

CREDITORS

Amounts falling due after more than one
year

647

8,228

NET ASSETS

36,661

26,526

CAPITAL AND RESERVES

Called up share capital

4

3

Profit and loss account

36,658

26,523

SHAREHOLDERS' FUNDS

36,661

26,526

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 18 October 2016 and were signed on its behalf by:

Mr S J Bridgeland-Hewitt - Director

Mr L Bridgeland-Hewitt - Director

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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, 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.

Improvements to property

-

in accordance with the property

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

33% on cost and 25% on reducing balance

Motor vehicles

-

25% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

75,000

AMORTISATION

At 1 May 2015

45,000

Amortisation for year

7,500

At 30 April 2016

52,500

NET BOOK VALUE

At 30 April 2016

22,500

At 30 April 2015

30,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

41,769

Additions

4,386

Disposals

(745

)

At 30 April 2016

45,410

DEPRECIATION

At 1 May 2015

28,309

Charge for year

4,922

Eliminated on disposal

(47

)

At 30 April 2016

33,184

NET BOOK VALUE

At 30 April 2016

12,226

At 30 April 2015

13,460

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

10

Ordinary "A"

10p

1

3

The rights of each share group are as follows:-

Ordinary Shares

These shares carry the right to be notified of, attend and vote at the meetings of the company. These shares carry

the right to receive dividends.

In the event of liquidation or winding up of the company, these shares carry the right to repayment of capital at

their par value.

Ordinary "A" Shares

These shares do not hold the right to be notified of, attend or vote at the meetings of the company. These shares

carry the right to receive dividends, albeit at a different rate than those payable to the holders of the ordinary

shares.

In the event of liquidation or winding up of the company, these shares carry the right to repayment of capital at

their par value.

If after the holders of both the Ordinary shares and "A" shares have been repaid their capital at their par value,

any surplus shall be distributed solely amongst the holders of the Ordinary shares in the company in a direct and

pro-rata proportion to the number of fully paid ordinary shares held.

5.	ULTIMATE CONTROLLING PARTY

The directors have control in concert.