2022-03-01 06790374 2023-02-28 06790374 2022-03-01 2023-02-28 06790374 2022-02-28 06790374 2021-03-01 2022-02-28 06790374 uk-core:WithinOneYear 2022-02-28 06790374 uk-core:WithinOneYear 2023-02-28 06790374 uk-core:AfterOneYear 2022-02-28 06790374 uk-core:AfterOneYear 2023-02-28 06790374 uk-core:ShareCapital 2023-02-28 06790374 uk-core:ShareCapital 2022-02-28 06790374 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 06790374 uk-core:RetainedEarningsAccumulatedLosses 2022-02-28 06790374 uk-bus:Director1 2022-03-01 2023-02-28 06790374 uk-core:FurnitureFittings 2022-02-28 06790374 uk-core:CommercialMotorVehicles 2022-02-28 06790374 uk-core:PlantMachinery 2022-02-28 06790374 uk-core:PlantMachinery 2023-02-28 06790374 uk-core:CommercialMotorVehicles 2023-02-28 06790374 uk-core:FurnitureFittings 2023-02-28 06790374 uk-core:FurnitureFittings 2022-03-01 2023-02-28 06790374 uk-core:CommercialMotorVehicles 2022-03-01 2023-02-28 06790374 uk-core:PlantMachinery 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure 06790374 uk-bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 06790374 uk-bus:FRS102 2022-03-01 2023-02-28 06790374 uk-bus:FullAccounts 2022-03-01 2023-02-28 06790374 uk-bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28
IPS Cleaning Ltd
Registered Number:06790374
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
06790374
As at 28 February 2023
IPS Cleaning Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
86,180
104,775
2
86,180
104,775
Current assets
Trade and other receivables
196,095
183,402
3
96,509
Cash and cash equivalents
160,614
344,016
292,604
Trade and other payables: amounts falling due
within one year
(93,164)
(82,804)
4
199,440
261,212
Net current assets
Total assets less current liabilities
347,392
304,215
Trade and other payables: amounts falling due after
more than one year
(50,000)
(46,487)
5
300,905
Net assets
254,215
Capital and reserves
Called up share capital
100
100
Retained earnings
300,805
254,115
300,905
254,215
Shareholders' funds
For the year ended 28 February 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been deliver
ed.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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Registered Number :
06790374
For the year ended 28 February 2023
IPS Cleaning Ltd
Statement of Financial Position Continued
Mr Anthony Sheppard Director
These financial statements were approved and authorised for issue by the Board on 13 November 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 28 February 2023
IPS Cleaning Ltd
Notes to the Financial Statements
Statutory Information
IPS Cleaning Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06790374.
Registered address:
B1 Ashville Centre
Commerce Way
Melksham
Wiltshire
SN12 6ZE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared
under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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5
For the year ended 28 February 2023
IPS Cleaning Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor
vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 March 2022
243,221
36,122
166,823
40,276
At 28 February 2023
40,276
166,823
36,122
243,221
Provision for depreciation and impairmen
t
At 01 March 2022
138,446
22,746
85,640
30,060
Charge for year
18,595
1,338
16,236
1,021
At 28 February 2023
157,041
24,084
101,876
31,081
At 28 February 2023
Net book value
9,195
64,947
12,038
86,180
At 28 February 2022
10,216
81,183
13,376
104,775
3. Trade and other receivables
2022
2023
£
£
Trade debtors
60,788
51,773
Amounts owed by group undertakings and participating inte
rests
122,614
144,322
196,095
183,402
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
1,404
-
Taxation and social security
36,204
40,677
Other creditors
45,196
52,487
82,804
93,164
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
46,487
50,000
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6
For the year ended 28 February 2023
IPS Cleaning Ltd
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 0
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