Direct Cleaning Services (Leeds) Ltd 04520529 false 2022-10-01 2023-09-30 2023-09-30 The principal activity of the company is Cleaning Services Digita Accounts Production Advanced 6.30.9574.0 true true 04520529 2022-10-01 2023-09-30 04520529 2023-09-30 04520529 bus:OrdinaryShareClass1 2023-09-30 04520529 core:RetainedEarningsAccumulatedLosses 2023-09-30 04520529 core:ShareCapital 2023-09-30 04520529 core:CurrentFinancialInstruments 2023-09-30 04520529 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 04520529 core:Non-currentFinancialInstruments 2023-09-30 04520529 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 04520529 core:Goodwill 2023-09-30 04520529 core:MotorVehicles 2023-09-30 04520529 core:OtherPropertyPlantEquipment 2023-09-30 04520529 bus:SmallEntities 2022-10-01 2023-09-30 04520529 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 04520529 bus:FullAccounts 2022-10-01 2023-09-30 04520529 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 04520529 bus:RegisteredOffice 2022-10-01 2023-09-30 04520529 bus:CompanySecretaryDirector1 2022-10-01 2023-09-30 04520529 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 04520529 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 04520529 core:Goodwill 2022-10-01 2023-09-30 04520529 core:MotorVehicles 2022-10-01 2023-09-30 04520529 core:OtherPropertyPlantEquipment 2022-10-01 2023-09-30 04520529 core:PlantMachinery 2022-10-01 2023-09-30 04520529 countries:EnglandWales 2022-10-01 2023-09-30 04520529 2022-09-30 04520529 core:Goodwill 2022-09-30 04520529 core:MotorVehicles 2022-09-30 04520529 core:OtherPropertyPlantEquipment 2022-09-30 04520529 2021-10-01 2022-09-30 04520529 2022-09-30 04520529 bus:OrdinaryShareClass1 2022-09-30 04520529 core:RetainedEarningsAccumulatedLosses 2022-09-30 04520529 core:ShareCapital 2022-09-30 04520529 core:CurrentFinancialInstruments 2022-09-30 04520529 core:CurrentFinancialInstruments core:WithinOneYear 2022-09-30 04520529 core:Non-currentFinancialInstruments 2022-09-30 04520529 core:Non-currentFinancialInstruments core:AfterOneYear 2022-09-30 04520529 core:MotorVehicles 2022-09-30 04520529 core:OtherPropertyPlantEquipment 2022-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04520529

Direct Cleaning Services (Leeds) Ltd

Annual Report and Unaudited Financial Statements

For The Year Ended 30 September 2023

 

Direct Cleaning Services (Leeds) Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Direct Cleaning Services (Leeds) Ltd

(Registration number: 04520529)
Balance Sheet as at 30 September 2023

Note

2023
£

2022
£

           

Fixed assets

   

 

Tangible assets

5

 

1,534

 

2,045

Current assets

   

 

Stocks

6

3,099

 

3,434

 

Debtors

7

110,368

 

105,557

 

Cash at bank and in hand

 

26,740

 

35,877

 

 

140,207

 

144,868

 

Creditors: Amounts falling due within one year

8

(45,011)

 

(52,648)

 

Net current assets

   

95,196

 

92,220

Total assets less current liabilities

   

96,730

 

94,265

Creditors: Amounts falling due after more than one year

8

 

(20,598)

 

(28,934)

Net assets

   

76,132

 

65,331

Capital and reserves

   

 

Called up share capital

9

1

 

1

 

Profit and loss account

76,131

 

65,330

 

Total equity

   

76,132

 

65,331

 

Direct Cleaning Services (Leeds) Ltd

(Registration number: 04520529)
Balance Sheet as at 30 September 2023

For the financial year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 30 April 2024 and signed on its behalf by:
 

.........................................
Mr Christopher David Green
Company secretary and director

 

Direct Cleaning Services (Leeds) Ltd

Notes to the Unaudited Financial Statements For The Year Ended 30 September 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
17 Poplar View
New Farnley
Leeds
West Yorkshire
LS12 6LP

These financial statements were authorised for issue by the Board on 30 April 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Direct Cleaning Services (Leeds) Ltd

Notes to the Unaudited Financial Statements For The Year Ended 30 September 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% reducing balance

Other property,plant and equipment

25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

5% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Direct Cleaning Services (Leeds) Ltd

Notes to the Unaudited Financial Statements For The Year Ended 30 September 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 45 (2022 - 35).

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 October 2022

150,000

150,000

At 30 September 2023

150,000

150,000

Amortisation

At 1 October 2022

150,000

150,000

At 30 September 2023

150,000

150,000

Carrying amount

At 30 September 2023

-

-

 

Direct Cleaning Services (Leeds) Ltd

Notes to the Unaudited Financial Statements For The Year Ended 30 September 2023

5

Tangible assets

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 October 2022

11,299

62,393

73,692

At 30 September 2023

11,299

62,393

73,692

Depreciation

At 1 October 2022

11,186

60,461

71,647

Charge for the year

28

483

511

At 30 September 2023

11,214

60,944

72,158

Carrying amount

At 30 September 2023

85

1,449

1,534

At 30 September 2022

113

1,932

2,045

6

Stocks

2023
£

2022
£

Other inventories

3,099

3,434

7

Debtors

Current

2023
£

2022
£

Trade debtors

109,757

100,260

Other debtors

611

5,297

 

110,368

105,557

 

Direct Cleaning Services (Leeds) Ltd

Notes to the Unaudited Financial Statements For The Year Ended 30 September 2023

8

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Loans and borrowings

10,648

10,648

Taxation and social security

30,198

27,112

Other creditors

4,165

14,888

45,011

52,648

Due after one year

Loans and borrowings

20,598

28,934

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

10

20,598

28,934

9

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1

         

10

Loans and borrowings

2023
£

2022
£

Non-current loans and borrowings

Bank borrowings

20,598

28,934

2023
£

2022
£

Current loans and borrowings

Bank borrowings

10,648

10,648