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REGISTERED NUMBER: 09889191 (England and Wales)
















































Financial Statements

for the Year Ended 31 March 2023

for

Direct Cleaning Services SW Limited

Direct Cleaning Services SW Limited (Registered number: 09889191)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Direct Cleaning Services SW Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: D S Vaughan
Mrs T A Vaughan





REGISTERED OFFICE: The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR





REGISTERED NUMBER: 09889191 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

Direct Cleaning Services SW Limited (Registered number: 09889191)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 54,000 72,000
Tangible assets 5 377,276 372,418
431,276 444,418

CURRENT ASSETS
Stocks 24,820 21,570
Debtors 6 743,341 715,690
Cash at bank and in hand 392 21,691
768,553 758,951
CREDITORS
Amounts falling due within one year 7 957,389 916,684
NET CURRENT LIABILITIES (188,836 ) (157,733 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

242,440

286,685

CREDITORS
Amounts falling due after more than one
year

8

(112,500

)

(222,500

)

PROVISIONS FOR LIABILITIES (7,096 ) (3,890 )
NET ASSETS 122,844 60,295

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 122,644 60,095
SHAREHOLDERS' FUNDS 122,844 60,295

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 directors acknowledge their 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.

Direct Cleaning Services SW Limited (Registered number: 09889191)

Balance Sheet - continued
31 March 2023


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 Board of Directors and authorised for issue on 17 November 2023 and were signed on its behalf by:




D S Vaughan - Director



Mrs T A Vaughan - Director


Direct Cleaning Services SW Limited (Registered number: 09889191)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Direct Cleaning Services SW Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of five 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.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture or completion.

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.

Direct Cleaning Services SW Limited (Registered number: 09889191)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
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 482 (2022 - 435 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 90,000
AMORTISATION
At 1 April 2022 18,000
Charge for year 18,000
At 31 March 2023 36,000
NET BOOK VALUE
At 31 March 2023 54,000
At 31 March 2022 72,000

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 311,500 100,746 412,246
Additions - 23,710 23,710
At 31 March 2023 311,500 124,456 435,956
DEPRECIATION
At 1 April 2022 - 39,828 39,828
Charge for year - 18,852 18,852
At 31 March 2023 - 58,680 58,680
NET BOOK VALUE
At 31 March 2023 311,500 65,776 377,276
At 31 March 2022 311,500 60,918 372,418

Direct Cleaning Services SW Limited (Registered number: 09889191)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 743,341 715,690

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 37,583 63,062
Other creditors 919,806 853,622
957,389 916,684

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Other creditors 112,500 222,500