Smart Cleaning Limited - Period Ending 2016-03-31

Registration number: 05343744

Smart Cleaning Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Tudor Payne & Co
Chartered Accountants
52 Parkstone Road
Poole
Dorset
BH15 2PU

Smart Cleaning Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Smart Cleaning Limited
(Registration number: 05343744)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Intangible fixed assets					1,368			1,641
Tangible fixed assets					7,432			11,031
					8,800			12,672
Current assets
Debtors					2,235			2,268
Cash at bank and in hand					1,537			1,702
					3,772			3,970
Creditors: Amounts falling due within one year					(11,857)			(15,345)
Net current liabilities					(8,085)			(11,375)
Total assets less current liabilities					715			1,297
Provisions for liabilities					(774)			(1,337)
Net liabilities					(59)			(40)
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					(60)			(41)
Shareholders' deficit					(59)			(40)

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 28 October 2016

.........................................
Mr. A Cheney
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Smart Cleaning Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Goodwill

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life, as follows:

Asset class	Amortisation method and rate
Goodwill	10 years straight line

Depreciation

depreciation is provided on tangiblefixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economoic life, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% reducing balance
Motor vehicles	25% reducing balance
Computer equipment	33% on cost

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Page 2

Smart Cleaning Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 April 2015		2,737			54,765			57,502
At 31 March 2016		2,737			54,765			57,502
Depreciation
At 1 April 2015		1,096			43,734			44,830
Charge for the year		273			3,599			3,872
At 31 March 2016		1,369			47,333			48,702
Net book value
At 31 March 2016		1,368			7,432			8,800
At 31 March 2015		1,641			11,031			12,672

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		1			1			1			1

Page 3