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REGISTERED NUMBER: 04076556 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Ashley Cleaning Services Limited

Ashley Cleaning Services Limited (Registered number: 04076556)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Ashley Cleaning Services Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: P Webb
C R Sorrell





REGISTERED OFFICE: 1a Chase Green Avenue
Enfield
Middlesex
EN2 6SJ





REGISTERED NUMBER: 04076556 (England and Wales)





ACCOUNTANTS: Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Ashley Cleaning Services 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 Balance Sheet. 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 Ashley Cleaning Services Limited for the year ended 30 September 2023 which comprise the Income Statement, Balance Sheet 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 Ashley Cleaning Services 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 Ashley Cleaning Services Limited and state those matters that we have agreed to state to the Board of Directors of Ashley Cleaning Services 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 Ashley Cleaning Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ashley Cleaning Services 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 Ashley Cleaning Services Limited. You consider that Ashley Cleaning Services 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 Ashley Cleaning Services 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.






Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE


2 April 2024

Ashley Cleaning Services Limited (Registered number: 04076556)

Balance Sheet
30 September 2023

30/9/23 30/9/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 75,231 66,645

CURRENT ASSETS
Stocks 2,620 4,800
Debtors 5 1,105,651 932,972
Cash at bank 302,961 412,757
1,411,232 1,350,529
CREDITORS
Amounts falling due within one year 6 1,285,387 1,198,269
NET CURRENT ASSETS 125,845 152,260
TOTAL ASSETS LESS CURRENT
LIABILITIES

201,076

218,905

CREDITORS
Amounts falling due after more than one
year

7

(60,682

)

(94,582

)

PROVISIONS FOR LIABILITIES (14,592 ) (11,201 )
NET ASSETS 125,802 113,122

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 120,802 108,122
125,802 113,122

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.

Ashley Cleaning Services Limited (Registered number: 04076556)

Balance Sheet - 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 2 April 2024 and were signed on its behalf by:





P Webb - Director


Ashley Cleaning Services Limited (Registered number: 04076556)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Ashley Cleaning Services 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - Straight line over 5 years
Motor vehicles - 25% Reducing balance basis
Computer equipment - Straight line over 5 years

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.

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.

Ashley Cleaning Services Limited (Registered number: 04076556)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 515 (2022 - 506 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2022 60,980 52,950 42,246 156,176
Additions 26,692 5,000 1,522 33,214
At 30 September 2023 87,672 57,950 43,768 189,390
DEPRECIATION
At 1 October 2022 42,289 27,753 19,489 89,531
Charge for year 10,790 6,299 7,539 24,628
At 30 September 2023 53,079 34,052 27,028 114,159
NET BOOK VALUE
At 30 September 2023 34,593 23,898 16,740 75,231
At 30 September 2022 18,691 25,197 22,757 66,645

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Trade debtors 1,135,977 961,465
Bad debt provision (35,883 ) (32,840 )
Prepayments and accrued income 5,557 4,347
1,105,651 932,972

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Bank loans and overdrafts 25,500 22,200
Trade creditors 388,219 344,291
Tax 77,371 56,113
Social security and other taxes 36,683 47,224
Net wages 349,168 289,227
Pension fund 11,953 9,818
VAT 334,877 404,773
Other creditors 6,070 5,882
Directors' current accounts 381 -
Accruals and deferred income 55,165 18,741
1,285,387 1,198,269

Ashley Cleaning Services Limited (Registered number: 04076556)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/9/23 30/9/22
£    £   
Bank loans - 2-5 years 60,500 76,500
Bank loans more 5 yr by instal - 17,900
Directors' loan accounts 182 182
60,682 94,582

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 17,900

8. LEASING AGREEMENTS
At the balance sheet date, the company had the following operating lease commitments in regard to property rental and vehicle leases:

2023 2022

Within one year 201,663 74,899
Between one and five years 167,621 69,270

9. RELATED PARTY DISCLOSURES

P W Webb and C R Sorrell have personally guaranteed a loan to the company. The loan is over 6 years, has an interest rate of 3.99% over LIBOR. The outstanding balance at balance sheet date was £86,000 (2022: £116,600).

P W Webb has also personally guaranteed the company's factoring facility to Skipton Building Society.

10. ULTIMATE CONTROLLING PARTY

The controlling party is P Webb.

The ultimate controlling party is P Webb.