Registered Number:06790374 |
For the year ended 28 February 2024
England and Wales
Unaudited Financial Statements
IPS Cleaning Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
71,069
86,180
2
71,069
86,180
Trade and other receivables |
183,402
200,902
3
160,614
Cash and cash equivalents |
69,131
270,033
344,016
Trade and other payables: amounts falling due |
within one year |
(82,804)
(46,048)
4
261,212
223,985
Net current assets
Total assets less current liabilities |
295,054
347,392
Trade and other payables: amounts falling due after |
more than one year |
(46,487)
(40,153)
5
254,901
Net assets
300,905
100
100
254,801
300,805
254,901
300,905
Shareholders' funds
For the year ended 28 February 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been deliver |
ed. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 28 February 2024
IPS Cleaning Ltd
Statement of Financial Position Continued
Mr Anthony Sheppard Director |
These financial statements were approved and authorised for issue by the Board on 17 July 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 28 February 2024
IPS Cleaning Ltd
Notes to the Financial Statements
Statutory Information
IPS Cleaning Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 06790374. |
B1 Ashville Centre
Commerce Way
Melksham
Wiltshire
SN12 6ZE
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of |
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and |
Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared |
under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis. |
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For the year ended 28 February 2024
IPS Cleaning Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
243,221
36,122
166,823
40,276
40,276
166,823
36,122
243,221
Provision for depreciation and impairmen |
t |
157,041
24,084
101,876
31,081
Charge for year
15,111
1,203
12,989
919
172,152
25,287
114,865
32,000
8,276
51,958
10,835
71,069
9,195
64,947
12,038
86,180
3. Trade and other receivables |
2023
2024
65,402
60,788
Amounts owed by group undertakings and participating inte |
rests |
135,500
122,614
183,402
200,902
4. Trade and other payables: amounts falling due within one year |
2023
2024
589
1,404
Taxation and social security |
19,646
36,204
25,813
45,196
46,048
82,804
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
40,153
46,487
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For the year ended 28 February 2024
IPS Cleaning Ltd
Notes to the Financial Statements Continued
6. Average number of persons employed |
During the year the average number of employees was 0
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