IRIS Accounts Production v23.4.0.336 07366932 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh073669322022-06-30073669322023-06-30073669322022-07-012023-06-30073669322021-06-30073669322021-07-012022-06-30073669322022-06-3007366932ns15:EnglandWales2022-07-012023-06-3007366932ns14:PoundSterling2022-07-012023-06-3007366932ns10:Director12022-07-012023-06-3007366932ns10:PrivateLimitedCompanyLtd2022-07-012023-06-3007366932ns10:SmallEntities2022-07-012023-06-3007366932ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3007366932ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3007366932ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-3007366932ns10:FullAccounts2022-07-012023-06-3007366932ns10:OrdinaryShareClass12022-07-012023-06-3007366932ns10:Director22022-07-012023-06-3007366932ns10:RegisteredOffice2022-07-012023-06-3007366932ns5:CurrentFinancialInstruments2023-06-3007366932ns5:CurrentFinancialInstruments2022-06-3007366932ns5:Non-currentFinancialInstruments2023-06-3007366932ns5:Non-currentFinancialInstruments2022-06-3007366932ns5:ShareCapital2023-06-3007366932ns5:ShareCapital2022-06-3007366932ns5:RetainedEarningsAccumulatedLosses2023-06-3007366932ns5:RetainedEarningsAccumulatedLosses2022-06-3007366932ns5:PlantMachinery2022-07-012023-06-3007366932ns5:PlantMachinery2022-06-3007366932ns5:PlantMachinery2023-06-3007366932ns5:PlantMachinery2022-06-3007366932ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-06-3007366932ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-07-012023-06-3007366932ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-06-3007366932ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-06-3007366932ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3007366932ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3007366932ns5:HirePurchaseContractsns5:WithinOneYear2023-06-3007366932ns5:HirePurchaseContractsns5:WithinOneYear2022-06-3007366932ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-06-3007366932ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2022-06-3007366932ns5:HirePurchaseContracts2023-06-3007366932ns5:HirePurchaseContracts2022-06-3007366932ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3007366932ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3007366932ns5:WithinOneYear2023-06-3007366932ns5:WithinOneYear2022-06-3007366932ns5:BetweenOneFiveYears2023-06-3007366932ns5:BetweenOneFiveYears2022-06-3007366932ns5:AllPeriods2023-06-3007366932ns5:AllPeriods2022-06-3007366932ns5:DeferredTaxation2022-06-3007366932ns5:DeferredTaxation2022-07-012023-06-3007366932ns5:DeferredTaxation2023-06-3007366932ns10:OrdinaryShareClass12023-06-30
REGISTERED NUMBER: 07366932 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2023

FOR

COMMUNAL CLEAN IT RIGHT LIMITED

COMMUNAL CLEAN IT RIGHT LIMITED (REGISTERED NUMBER: 07366932)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COMMUNAL CLEAN IT RIGHT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2023







DIRECTORS: S P Chodda
Mrs E J Mendonca





REGISTERED OFFICE: 495 Green Lanes
London
N13 4BS





REGISTERED NUMBER: 07366932 (England and Wales)





ACCOUNTANTS: Avraam Associates Limited
Chartered Accountants
495 Green Lanes
London
N13 4BS

COMMUNAL CLEAN IT RIGHT LIMITED (REGISTERED NUMBER: 07366932)

BALANCE SHEET
30TH JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 71,579 74,740

CURRENT ASSETS
Stocks 1,132 1,128
Debtors 5 58,680 61,388
Cash at bank and in hand 15,288 31,808
75,100 94,324
CREDITORS
Amounts falling due within one year 6 40,131 47,715
NET CURRENT ASSETS 34,969 46,609
TOTAL ASSETS LESS CURRENT LIABILITIES 106,548 121,349

CREDITORS
Amounts falling due after more than one
year

7

(51,316

)

(71,285

)

PROVISIONS FOR LIABILITIES 9 (17,895 ) (18,685 )
NET ASSETS 37,337 31,379

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 37,237 31,279
SHAREHOLDERS' FUNDS 37,337 31,379

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

COMMUNAL CLEAN IT RIGHT LIMITED (REGISTERED NUMBER: 07366932)

BALANCE SHEET - continued
30TH JUNE 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 7th March 2024 and were signed on its behalf by:





S P Chodda - Director


COMMUNAL CLEAN IT RIGHT LIMITED (REGISTERED NUMBER: 07366932)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023

1. STATUTORY INFORMATION

Communal Clean It Right 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.
Plant and machinery etc - 25% on reducing balance and 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.

COMMUNAL CLEAN IT RIGHT LIMITED (REGISTERED NUMBER: 07366932)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 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 11 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st July 2022 98,404
Additions 20,701
At 30th June 2023 119,105
DEPRECIATION
At 1st July 2022 23,664
Charge for year 23,862
At 30th June 2023 47,526
NET BOOK VALUE
At 30th June 2023 71,579
At 30th June 2022 74,740

COMMUNAL CLEAN IT RIGHT LIMITED (REGISTERED NUMBER: 07366932)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st July 2022
and 30th June 2023 75,014
DEPRECIATION
At 1st July 2022 6,934
Charge for year 17,021
At 30th June 2023 23,955
NET BOOK VALUE
At 30th June 2023 51,059
At 30th June 2022 68,080

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 57,020 56,145
Other debtors 1,660 5,243
58,680 61,388

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,000 5,000
Hire purchase contracts (see note 8) 14,969 18,645
Trade creditors 1,865 10,501
Taxation and social security 14,758 10,625
Other creditors 3,539 2,944
40,131 47,715

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 10,000 15,000
Hire purchase contracts (see note 8) 41,316 56,285
51,316 71,285

COMMUNAL CLEAN IT RIGHT LIMITED (REGISTERED NUMBER: 07366932)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Gross obligations repayable:
Within one year 17,753 21,429
Between one and five years 48,437 66,190
66,190 87,619

Finance charges repayable:
Within one year 2,784 2,784
Between one and five years 7,121 9,905
9,905 12,689

Net obligations repayable:
Within one year 14,969 18,645
Between one and five years 41,316 56,285
56,285 74,930

Non-cancellable operating leases
2023 2022
£    £   
Within one year 4,321 4,969
Between one and five years 1,440 5,130
5,761 10,099

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 17,895 18,685

Deferred
tax
£   
Balance at 1st July 2022 18,685
Credit to Income Statement during year (790 )
Balance at 30th June 2023 17,895

COMMUNAL CLEAN IT RIGHT LIMITED (REGISTERED NUMBER: 07366932)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100