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REGISTERED NUMBER: 02654638 (England and Wales)















JANITORIAL DIRECT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023






JANITORIAL DIRECT LIMITED (REGISTERED NUMBER: 02654638)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


JANITORIAL DIRECT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: Mr J. Gaze
Mr S. Gaze



REGISTERED OFFICE: Unit 298 Oak Drive
Hartlebury Trading Estate
Kidderminster
Worcestershire
DY10 4JB



REGISTERED NUMBER: 02654638 (England and Wales)



ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU



BANKERS: The Royal Bank of Scotland
PO Box 1727
Drummond House
1 Redheughs Avenue
Edinburgh
EH12 9JN

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
JANITORIAL DIRECT LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Janitorial Direct Limited for the year ended 30 September 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Janitorial Direct Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Janitorial Direct Limited and state those matters that we have agreed to state to the Board of Directors of Janitorial Direct Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Janitorial Direct Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Janitorial Direct Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Janitorial Direct Limited. You consider that Janitorial Direct Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Janitorial Direct Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


12 March 2024

JANITORIAL DIRECT LIMITED (REGISTERED NUMBER: 02654638)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 203,237 165,974

CURRENT ASSETS
Stocks 5 171,871 201,465
Debtors 6 168,792 192,746
Cash at bank and in hand 19,764 1,074
360,427 395,285
CREDITORS
Amounts falling due within one year 7 324,264 343,995
NET CURRENT ASSETS 36,163 51,290
TOTAL ASSETS LESS CURRENT
LIABILITIES

239,400

217,264

CREDITORS
Amounts falling due after more than one
year

8

(5,377

)

(12,656

)

PROVISIONS FOR LIABILITIES (36,793 ) (29,036 )
NET ASSETS 197,230 175,572

CAPITAL AND RESERVES
Called up share capital 4,000 4,000
Retained earnings 193,230 171,572
SHAREHOLDERS' FUNDS 197,230 175,572

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

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

JANITORIAL DIRECT LIMITED (REGISTERED NUMBER: 02654638)

STATEMENT OF FINANCIAL POSITION - continued
30 SEPTEMBER 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 12 March 2024 and were signed on its behalf by:





Mr J. Gaze - Director


JANITORIAL DIRECT LIMITED (REGISTERED NUMBER: 02654638)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

Janitorial Direct 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 represents net sales of goods/services, excluding value added tax

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 - 10-20% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

JANITORIAL DIRECT LIMITED (REGISTERED NUMBER: 02654638)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 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 14 (2022 - 15 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 October 2022 101,709 390,532 63,626 555,867
Additions 61,618 21,846 - 83,464
At 30 September 2023 163,327 412,378 63,626 639,331
DEPRECIATION
At 1 October 2022 94,558 265,989 29,346 389,893
Charge for year 12,904 24,727 8,570 46,201
At 30 September 2023 107,462 290,716 37,916 436,094
NET BOOK VALUE
At 30 September 2023 55,865 121,662 25,710 203,237
At 30 September 2022 7,151 124,543 34,280 165,974

JANITORIAL DIRECT LIMITED (REGISTERED NUMBER: 02654638)

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


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2022 49,126
Transfer to ownership (15,679 )
At 30 September 2023 33,447
DEPRECIATION
At 1 October 2022 17,427
Charge for year 7,925
Transfer to ownership (10,719 )
At 30 September 2023 14,633
NET BOOK VALUE
At 30 September 2023 18,814
At 30 September 2022 31,699

5. STOCKS
2023 2022
£    £   
Stocks 171,871 201,465

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 157,127 180,196
Other debtors 11,665 12,550
168,792 192,746

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 19,514
Hire purchase contracts 7,279 9,359
Trade creditors 274,605 278,756
Taxation and social security 35,855 29,767
Other creditors 6,525 6,599
324,264 343,995

JANITORIAL DIRECT LIMITED (REGISTERED NUMBER: 02654638)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 5,377 12,656

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdraft - 19,514
Hire purchase contracts 12,656 22,015
12,656 41,529

Bank overdraft liabilities are secured on fixed and floating charges over the company's assets.

Hire purchase liabilities are secured on the assets acquired thereunder.

10. ULTIMATE CONTROLLING PARTY

Control of the company is exercised by Mr J. Gaze by virtue of him owning 95% of the issued ordinary share capital in the company.