Accounts filed on 30-06-2016
Accounts filed on 30-06-2016
trueFresh Approach Cleaning Services LimitedSC304685865 2134 272016-06-30-90868-808168100100-8081682480-560168-1800-46615461107991366110333136611033312406341240634Basis of accounting
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 the value, net of value added tax and discounts, of work carried out in respect of services provided to customers.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date where transactions or events have occurred at that date that
will result in an obligation to pay more, or a right to pay less or to receive more tax, with
the following exceptions:
Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments)
of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement
assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose
of the assets concerned. However, no provision is made where, on the basis of all available
evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled
over into replacement assets and charged to tax only where the replacement assets are sold.
Deferred tax assets are recognised only to the extent that the director considers that it is more
likely than not that there will be suitable taxable profits from which the future reversal of the
underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected
to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or
substantively enacted at the balance sheet date.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments, including share capital, are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities and presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
Going concern
The financial statements have been prepared on a going concern basis, which assumes the continuing support of the bank, director and short term creditors. The director is not aware of any reason why this support should not be maintained and is of the opinion that the company will continue to trade and pay its debts as they fall due.
Fixtures & FittingsMethod for Fixtures & fittings0.0000Motor VehiclesMethod for Motor vehicles0.00003918289910192678226541339182899101926782265413Ordinary1001100100Ordinary1100100100Balance sheet Spare note 21 (user defined)LOAN TO DIRECTOR
As at 30 June 2016, the director, Ms T Gray, owed £2,616 (2015 - £1,620) to the company. No interest is charged on this unsecured loan and there are no fixed terms of repayment.2017-06-20Ms T Graytruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureFresh Approach Cleaning Services Limited2015-07-012016-06-30Fresh Approach Cleaning Services Limited2014-07-012015-06-30Fresh Approach Cleaning Services Limited2014-06-30Fresh Approach Cleaning Services Limited2015-06-30Fresh Approach Cleaning Services Limited2015-06-30Fresh Approach Cleaning Services Limited2016-06-30 2017-06-20
