3 false false false false false false false false false false true false false false false false false No description of principal activity 2021-12-01 Sage Accounts Production Advanced 2023 - FRS102_2023 85,022 85,021 1 1 xbrli:pure xbrli:shares iso4217:GBP 05282755 2021-12-01 2022-11-29 05282755 2022-11-29 05282755 2021-11-30 05282755 2020-12-01 2021-11-30 05282755 2021-11-30 05282755 2020-11-30 05282755 bus:Director1 2021-12-01 2022-11-29 05282755 core:NetGoodwill 2022-11-29 05282755 core:LandBuildings 2021-11-30 05282755 core:PlantMachinery 2021-11-30 05282755 core:MotorVehicles 2021-11-30 05282755 core:LandBuildings 2022-11-29 05282755 core:PlantMachinery 2022-11-29 05282755 core:MotorVehicles 2022-11-29 05282755 core:PlantMachinery 2021-12-01 2022-11-29 05282755 core:MotorVehicles 2021-12-01 2022-11-29 05282755 core:WithinOneYear 2022-11-29 05282755 core:WithinOneYear 2021-11-30 05282755 core:UKTax 2021-12-01 2022-11-29 05282755 core:UKTax 2020-12-01 2021-11-30 05282755 core:ShareCapital 2022-11-29 05282755 core:ShareCapital 2021-11-30 05282755 core:RetainedEarningsAccumulatedLosses 2022-11-29 05282755 core:RetainedEarningsAccumulatedLosses 2021-11-30 05282755 core:NetGoodwill 2021-11-30 05282755 core:LandBuildings 2021-11-30 05282755 core:PlantMachinery 2021-11-30 05282755 core:MotorVehicles 2021-11-30 05282755 bus:SmallEntities 2021-12-01 2022-11-29 05282755 bus:AuditExemptWithAccountantsReport 2021-12-01 2022-11-29 05282755 bus:SmallCompaniesRegimeForAccounts 2021-12-01 2022-11-29 05282755 bus:PrivateLimitedCompanyLtd 2021-12-01 2022-11-29 05282755 bus:FullAccounts 2021-12-01 2022-11-29
COMPANY REGISTRATION NUMBER: 05282755
TALK CLEANING LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
29 November 2022
TALK CLEANING LTD
FINANCIAL STATEMENTS
PERIOD FROM 1 DECEMBER 2021 TO 29 NOVEMBER 2022
CONTENTS
PAGES
Statement of financial position
1 to 2
Notes to the financial statements
3 to 6
TALK CLEANING LTD
STATEMENT OF FINANCIAL POSITION
29 November 2022
29 Nov 22
30 Nov 21
Note
£
£
£
£
FIXED ASSETS
Intangible assets
6
1
1
Tangible assets
7
171,753
155,853
---------
---------
171,754
155,854
CURRENT ASSETS
Stocks
10,000
10,000
Debtors
8
284,565
312,095
Cash at bank and in hand
293,278
410,934
---------
---------
587,843
733,029
CREDITORS: amounts falling due within one year
9
( 405,470)
( 562,735)
---------
---------
NET CURRENT ASSETS
182,373
170,294
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
354,127
326,148
PROVISIONS
Taxation including deferred tax
( 9,159)
( 6,458)
---------
---------
NET ASSETS
344,968
319,690
---------
---------
CAPITAL AND RESERVES
Called up share capital
4
3
Profit and loss account
344,964
319,687
---------
---------
SHAREHOLDERS FUNDS
344,968
319,690
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 29 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
TALK CLEANING LTD
STATEMENT OF FINANCIAL POSITION (continued)
29 November 2022
These financial statements were approved by the board of directors and authorised for issue on 9 November 2023 , and are signed on behalf of the board by:
N Danby
Director
Company registration number: 05282755
TALK CLEANING LTD
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 1 DECEMBER 2021 TO 29 NOVEMBER 2022
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9-13 Commercial Street, Rothwell, Leeds, LS26 0AX, United Kingdom.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax.
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation to date.
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:
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the period amounted to 3 (2021: 3 ).
5. TAX ON PROFIT
Major components of tax expense
Period from
1 Dec 21 to
Year to
29 Nov 22
30 Nov 21
£
£
Current tax:
UK current tax expense
18,144
11,515
Adjustments in respect of prior periods
87
--------
--------
Total current tax
18,231
11,515
--------
--------
Deferred tax:
Origination and reversal of timing differences
2,701
--------
--------
Tax on profit
20,932
11,515
--------
--------
6. INTANGIBLE ASSETS
Goodwill
£
Cost
At 1 December 2021 and 29 November 2022
85,022
--------
Amortisation
At 1 December 2021 and 29 November 2022
85,021
--------
Carrying amount
At 29 November 2022
1
--------
At 30 November 2021
1
--------
7. TANGIBLE ASSETS
Land and buildings
Plant and machinery
Motor vehicles
Total
£
£
£
£
Cost
At 1 December 2021
121,866
27,830
129,770
279,466
Additions
26,965
26,965
Disposals
( 3,200)
( 3,200)
---------
--------
---------
---------
At 29 November 2022
121,866
27,830
153,535
303,231
---------
--------
---------
---------
Depreciation
At 1 December 2021
24,520
99,093
123,613
Charge for the period
828
14,037
14,865
Disposals
( 7,000)
( 7,000)
---------
--------
---------
---------
At 29 November 2022
25,348
106,130
131,478
---------
--------
---------
---------
Carrying amount
At 29 November 2022
121,866
2,482
47,405
171,753
---------
--------
---------
---------
At 30 November 2021
121,866
3,310
30,677
155,853
---------
--------
---------
---------
8. DEBTORS
29 Nov 22
30 Nov 21
£
£
Trade debtors
284,565
312,095
---------
---------
9. CREDITORS: amounts falling due within one year
29 Nov 22
30 Nov 21
£
£
Trade creditors
160,358
339,984
Corporation tax
18,144
14,681
Social security and other taxes
74,552
132,936
Other creditors
149,356
75,134
Other creditors
3,060
---------
---------
405,470
562,735
---------
---------