IRIS Accounts Production v23.1.0.753 SC338610 director 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC3386102022-03-31SC3386102023-03-31SC3386102022-04-012023-03-31SC3386102021-03-31SC3386102021-04-012022-03-31SC3386102022-03-31SC338610ns16:Scotland2022-04-012023-03-31SC338610ns15:PoundSterling2022-04-012023-03-31SC338610ns11:Director12022-04-012023-03-31SC338610ns11:PrivateLimitedCompanyLtd2022-04-012023-03-31SC338610ns11:SmallEntities2022-04-012023-03-31SC338610ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-31SC338610ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-31SC338610ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-31SC338610ns11:FullAccounts2022-04-012023-03-31SC33861012022-04-012023-03-31SC338610ns11:CompanySecretary12022-04-012023-03-31SC338610ns11:RegisteredOffice2022-04-012023-03-31SC338610ns6:CurrentFinancialInstruments2023-03-31SC338610ns6:CurrentFinancialInstruments2022-03-31SC338610ns6:Non-currentFinancialInstruments2023-03-31SC338610ns6:Non-currentFinancialInstruments2022-03-31SC338610ns6:ShareCapital2023-03-31SC338610ns6:ShareCapital2022-03-31SC338610ns6:RetainedEarningsAccumulatedLosses2023-03-31SC338610ns6:RetainedEarningsAccumulatedLosses2022-03-31SC338610ns6:NetGoodwill2022-04-012023-03-31SC338610ns6:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-31SC338610ns6:LeaseholdImprovements2022-04-012023-03-31SC338610ns6:PlantMachinery2022-04-012023-03-31SC338610ns6:MotorVehicles2022-04-012023-03-31SC338610ns6:NetGoodwill2022-03-31SC338610ns6:NetGoodwill2023-03-31SC338610ns6:NetGoodwill2022-03-31SC338610ns6:LeaseholdImprovements2022-03-31SC338610ns6:PlantMachinery2022-03-31SC338610ns6:MotorVehicles2022-03-31SC338610ns6:LeaseholdImprovements2023-03-31SC338610ns6:PlantMachinery2023-03-31SC338610ns6:MotorVehicles2023-03-31SC338610ns6:LeaseholdImprovements2022-03-31SC338610ns6:PlantMachinery2022-03-31SC338610ns6:MotorVehicles2022-03-31SC338610ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-03-31SC338610ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-04-012023-03-31SC338610ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2023-03-31SC338610ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-03-31SC338610ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-31SC338610ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: SC338610 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

SCS CLEANING SERVICES LTD

SCS CLEANING SERVICES LTD (REGISTERED NUMBER: SC338610)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SCS CLEANING SERVICES LTD

COMPANY INFORMATION
for the year ended 31 March 2023







DIRECTOR: J Hewitt



SECRETARY: Mrs E Hewitt



REGISTERED OFFICE: 3A Butlerfield Industrial Estate
Bonnyrigg
Midlothian
EH19 3JQ



REGISTERED NUMBER: SC338610 (Scotland)



ACCOUNTANTS: Mitchell Edwards
Chartered Certified Accountants
24A Ainslie Place
Edinburgh
EH3 6AJ



BANKERS: Lloyds TSB
Henry Duncan House
120 George Street
Edinburgh
EH2 4TS

SCS CLEANING SERVICES LTD (REGISTERED NUMBER: SC338610)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 38,750 46,500
Tangible assets 5 173,655 168,733
212,405 215,233

CURRENT ASSETS
Stocks 6 8,187 4,213
Debtors 7 342,624 352,964
Cash at bank and in hand 33,166 65,565
383,977 422,742
CREDITORS
Amounts falling due within one year 8 241,016 238,298
NET CURRENT ASSETS 142,961 184,444
TOTAL ASSETS LESS CURRENT
LIABILITIES

355,366

399,677

CREDITORS
Amounts falling due after more than one year 9 (61,161 ) (75,292 )

PROVISIONS FOR LIABILITIES (39,449 ) (32,001 )
NET ASSETS 254,756 292,384

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 254,656 292,284
SHAREHOLDERS' FUNDS 254,756 292,384

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 November 2023 and were signed by:



J Hewitt - Director


SCS CLEANING SERVICES LTD (REGISTERED NUMBER: SC338610)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023


1. STATUTORY INFORMATION

SCS Cleaning Services Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£), rounded to the nearest £.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 20% on reducing balance
Plant and machinery - 20% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

SCS CLEANING SERVICES LTD (REGISTERED NUMBER: SC338610)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 47 (2022 - 47 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 155,000
AMORTISATION
At 1 April 2022 108,500
Amortisation for year 7,750
At 31 March 2023 116,250
NET BOOK VALUE
At 31 March 2023 38,750
At 31 March 2022 46,500

SCS CLEANING SERVICES LTD (REGISTERED NUMBER: SC338610)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023


5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2022 23,711 96,850 306,091 426,652
Additions 3,098 3,695 52,471 59,264
Disposals - (2,920 ) - (2,920 )
At 31 March 2023 26,809 97,625 358,562 482,996
DEPRECIATION
At 1 April 2022 13,027 60,330 184,562 257,919
Charge for year 2,502 7,969 43,500 53,971
Eliminated on disposal - (2,549 ) - (2,549 )
At 31 March 2023 15,529 65,750 228,062 309,341
NET BOOK VALUE
At 31 March 2023 11,280 31,875 130,500 173,655
At 31 March 2022 10,684 36,520 121,529 168,733

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2022 299,901
Additions 35,871
Transfer to ownership (195,945 )
At 31 March 2023 139,827
DEPRECIATION
At 1 April 2022 178,855
Charge for year 24,675
Transfer to ownership (137,727 )
At 31 March 2023 65,803
NET BOOK VALUE
At 31 March 2023 74,024
At 31 March 2022 121,046

6. STOCKS
2023 2022
£    £   
Stocks 8,187 4,213

SCS CLEANING SERVICES LTD (REGISTERED NUMBER: SC338610)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 210,827 213,759
Other debtors 131,797 139,205
342,624 352,964

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans 9,929 9,686
Hire purchase contracts 27,237 38,109
Trade creditors 6,649 4,559
Taxation and social security 106,607 117,155
Other creditors 90,594 68,789
241,016 238,298

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 23,275 33,204
Hire purchase contracts 37,886 42,088
61,161 75,292

10. BOUNCE BACK LOAN SCHEME

The company has borrowed £50,000 under the Governments Bounce Back Loan Scheme. Under the scheme the Government provides the bank with a guarantee that the loan will be repaid in full. Interest is charged at the rate of 2.5% and the loan is repayable by installments as detailed below.

2022 2021
£    £   
< 1 year 9,686 9,167
2-5 years 33,204 40,000
> 5 years - 833
42,890 50,000