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REGISTERED NUMBER: 04080559 (England and Wales)















Financial Statements for the Year Ended 30 September 2023

for

Canada Cleaning Services Limited

Canada Cleaning Services Limited (Registered number: 04080559)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 7

Canada Cleaning Services Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: P Rogers





SECRETARY: Mr P Rogers





REGISTERED OFFICE: 55 High Street
Hoddesdon
Hertfordshire
EN11 8TQ





REGISTERED NUMBER: 04080559 (England and Wales)





ACCOUNTANTS: Reece & Co.
55 High Street
Hoddesdon
Hertfordshire
EN11 8TQ

Canada Cleaning Services Limited (Registered number: 04080559)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 73,771 82,662

CURRENT ASSETS
Stocks 22,421 19,865
Debtors 5 621,657 653,536
Cash at bank 283,815 263,409
927,893 936,810
CREDITORS
Amounts falling due within one year 6 259,727 274,609
NET CURRENT ASSETS 668,166 662,201
TOTAL ASSETS LESS CURRENT
LIABILITIES

741,937

744,863

PROVISIONS FOR LIABILITIES 7 14,754 15,706
NET ASSETS 727,183 729,157

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 727,083 729,057
SHAREHOLDERS' FUNDS 727,183 729,157

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 director acknowledges his 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.

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 director and authorised for issue on 25 March 2024 and were signed by:



P Rogers - Director


Canada Cleaning Services Limited (Registered number: 04080559)

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

1. STATUTORY INFORMATION

Canada 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 represents net invoiced sales of services, excluding value added tax.

Judgements and key sources of estimation uncertainty

In applying the Company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision effects only that period, or in the period of the revision and future periods, if the revision effects both current and future periods.

The directors do not believe that there have been judgements (apart from those involving estimates) made in the process of applying the above accounting policies that have had a significant effect on amounts recognised in the financial statements.

Financial Instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year) including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payable or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Canada Cleaning Services Limited (Registered number: 04080559)

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

2. ACCOUNTING POLICIES - continued

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 79 (2022 - 120 ) .

Canada Cleaning Services Limited (Registered number: 04080559)

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

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2022 144,818 1,057 145,875
Additions 20,000 - 20,000
Disposals (21,708 ) - (21,708 )
At 30 September 2023 143,110 1,057 144,167
DEPRECIATION
At 1 October 2022 62,161 1,052 63,213
Charge for year 21,671 1 21,672
Eliminated on disposal (14,489 ) - (14,489 )
At 30 September 2023 69,343 1,053 70,396
NET BOOK VALUE
At 30 September 2023 73,767 4 73,771
At 30 September 2022 82,657 5 82,662

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 599,944 634,878
Other debtors 21,713 18,658
621,657 653,536

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 12,123 9,739
Taxation and social security 131,408 189,018
Other creditors 116,196 75,852
259,727 274,609

7. PROVISIONS FOR LIABILITIES
30.9.23 30.9.22
£    £   
Deferred tax 14,754 15,706

Deferred
tax
£   
Balance at 1 October 2022 15,706
Reduction for the year (952 )
Balance at 30 September 2023 14,754

Deferred tax arises from accelerated capital allowances.

Canada Cleaning Services Limited (Registered number: 04080559)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: £    £   
100 Ordinary £1-00 100 100

9. RESERVES
Retained
earnings
£   

At 1 October 2022 729,057
Profit for the year 58,026
Dividends (60,000 )
At 30 September 2023 727,083

10. RELATED PARTY DISCLOSURES

During the year the company voted £60,000 dividends to the shareholder.

The company is controlled by its director who owns all the issued share capital.

Canada Cleaning Services Limited

Report of the Accountants to the Director of
Canada Cleaning Services Limited

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2023 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Reece & Co.
55 High Street
Hoddesdon
Hertfordshire
EN11 8TQ


25 March 2024