Maid 2 Clean (West Essex) Limited |
Registered number: |
08401613 |
Balance Sheet |
as at 31 May 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Intangible assets |
3 |
|
|
- |
|
|
985 |
|
Current assets |
Cash at bank and in hand |
|
|
15,641 |
|
|
22,879 |
|
Creditors: amounts falling due within one year |
4 |
|
(8,950) |
|
|
(14,099) |
|
Net current assets |
|
|
|
6,691 |
|
|
8,780 |
|
Net assets |
|
|
|
6,691 |
|
|
9,765 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
6,591 |
|
|
9,665 |
|
Shareholders' funds |
|
|
|
6,691 |
|
|
9,765 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
E A Walters |
Director |
Approved by the board on 12 November 2023 |
|
Maid 2 Clean (West Essex) Limited |
Notes to the Accounts |
for the year ended 31 May 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and value added taxes. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Going concern |
|
These financial statements have been prepared on a going concern basis. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past period. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Employee benefits |
|
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 June 2022 |
9,895 |
|
At 31 May 2023 |
9,895 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 June 2022 |
8,910 |
|
Provided during the year |
985 |
|
At 31 May 2023 |
9,895 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2023 |
- |
|
At 31 May 2022 |
985 |
|
|
|
|
|
|
|
|
|
|
Franchise fee is being written off in equal annual instalments over its estimated economic life of 10 years. |
|
|
4 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Corporation tax |
1,625 |
|
2,756 |
|
Other taxes and social security costs |
164 |
|
141 |
|
Other creditors |
7,161 |
|
11,202 |
|
|
|
|
|
|
8,950 |
|
14,099 |
|
|
|
|
|
|
|
|
|
|
5 |
Other information |
|
|
Maid 2 Clean (West Essex) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
36 Newton Road |
|
London |
|
W3 8AL |