11 false false false false false false false false false false true false false false false false false No description of principal activity 2022-12-01 Sage Accounts Production Advanced 2023 - FRS102_2023 4,715 1,878 2,837 xbrli:pure xbrli:shares iso4217:GBP 04319888 2022-12-01 2023-11-30 04319888 2023-11-30 04319888 2022-11-30 04319888 2021-12-01 2022-11-30 04319888 2022-11-30 04319888 2021-11-30 04319888 core:LandBuildings core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 04319888 core:FurnitureFittings 2022-12-01 2023-11-30 04319888 core:MotorVehicles 2022-12-01 2023-11-30 04319888 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 04319888 bus:Director1 2022-12-01 2023-11-30 04319888 core:LandBuildings core:OwnedOrFreeholdAssets 2022-11-30 04319888 core:FurnitureFittings 2022-11-30 04319888 core:MotorVehicles 2022-11-30 04319888 core:LandBuildings core:OwnedOrFreeholdAssets 2023-11-30 04319888 core:FurnitureFittings 2023-11-30 04319888 core:MotorVehicles 2023-11-30 04319888 core:WithinOneYear 2023-11-30 04319888 core:WithinOneYear 2022-11-30 04319888 core:AfterOneYear 2023-11-30 04319888 core:AfterOneYear 2022-11-30 04319888 core:ShareCapital 2023-11-30 04319888 core:ShareCapital 2022-11-30 04319888 core:RetainedEarningsAccumulatedLosses 2023-11-30 04319888 core:RetainedEarningsAccumulatedLosses 2022-11-30 04319888 core:DeferredTaxation 2022-12-01 2023-11-30 04319888 core:AcceleratedTaxDepreciationDeferredTax 2023-11-30 04319888 core:AcceleratedTaxDepreciationDeferredTax 2022-11-30 04319888 core:LandBuildings core:OwnedOrFreeholdAssets 2022-11-30 04319888 core:FurnitureFittings 2022-11-30 04319888 core:MotorVehicles 2022-11-30 04319888 core:DeferredTaxation 2022-11-30 04319888 core:DeferredTaxation 2023-11-30 04319888 bus:SmallEntities 2022-12-01 2023-11-30 04319888 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 04319888 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 04319888 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 04319888 bus:FullAccounts 2022-12-01 2023-11-30 04319888 bus:OrdinaryShareClass1 2023-11-30 04319888 bus:OrdinaryShareClass1 2022-11-30 04319888 core:ComputerEquipment 2022-12-01 2023-11-30 04319888 core:ComputerEquipment 2022-11-30 04319888 core:ComputerEquipment 2023-11-30
COMPANY REGISTRATION NUMBER: 04319888
What Cleaning! Limited
Filleted Unaudited Financial Statements
For the year ended
30 November 2023
What Cleaning! Limited
Financial Statements
Year ended 30 November 2023
Contents
Pages
Statement of financial position
1 to 2
Notes to the financial statements
3 to 8
What Cleaning! Limited
Statement of Financial Position
30 November 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
5
525,869
547,067
Current assets
Debtors
6
90,145
135,115
Cash at bank and in hand
86,300
155,235
---------
---------
176,445
290,350
Creditors: amounts falling due within one year
7
( 155,640)
( 190,650)
---------
---------
Net current assets
20,805
99,700
---------
---------
Total assets less current liabilities
546,674
646,767
Creditors: amounts falling due after more than one year
8
( 108,367)
( 123,928)
Provisions
9
( 2,837)
( 4,715)
---------
---------
Net assets
435,470
518,124
---------
---------
Capital and reserves
Called up share capital
11
100
100
Profit and loss account
435,370
518,024
---------
---------
Shareholders funds
435,470
518,124
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
What Cleaning! Limited
Statement of Financial Position (continued)
30 November 2023
These financial statements were approved by the board of directors and authorised for issue on 30 August 2024 , and are signed on behalf of the board by:
Mr B T Watt
Director
Company registration number: 04319888
What Cleaning! Limited
Notes to the Financial Statements
Year ended 30 November 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 1 Gms House, Boundary Road, Woking, GU21 5BX.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in UK sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.
Trade receivables
Trade receivables do not carry any interest and are stated at their original invoice value as reduced by appropriate allowances for estimated irrecoverable amounts.
Trade payables
Trade payables do not carry any interest and are stated at their original invoice value.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income. In this case, tax is recognised in other comprehensive income. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property
-
2% straight line
Fixtures and fittings
-
25% straight line
Motor vehicles
-
25% straight line
Computer and other equipment
-
25% straight line
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 11 (2022: 11 ).
5. Tangible assets
Freehold property
Fixtures and fittings
Motor vehicles
Computer and other equipment
Total
£
£
£
£
£
Cost
At 1 December 2022
644,930
134,891
74,173
14,009
868,003
Additions
2,463
1,497
3,960
---------
---------
--------
--------
---------
At 30 November 2023
644,930
137,354
74,173
15,506
871,963
---------
---------
--------
--------
---------
Depreciation
At 1 December 2022
117,509
129,393
63,957
10,077
320,936
Charge for the year
12,899
4,371
5,087
2,801
25,158
---------
---------
--------
--------
---------
At 30 November 2023
130,408
133,764
69,044
12,878
346,094
---------
---------
--------
--------
---------
Carrying amount
At 30 November 2023
514,522
3,590
5,129
2,628
525,869
---------
---------
--------
--------
---------
At 30 November 2022
527,421
5,498
10,216
3,932
547,067
---------
---------
--------
--------
---------
6. Debtors
2023
2022
£
£
Trade debtors
71,278
119,510
Other debtors
18,867
15,605
--------
---------
90,145
135,115
--------
---------
7. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
20,974
20,097
Trade creditors
4,706
16,578
Social security and other taxes
107,875
127,107
Other creditors
22,085
26,868
---------
---------
155,640
190,650
---------
---------
The bank loan of £20,974 (2022 - £20,097) is secured by fixed and floating charges over the company's assets and a personal guarantee for £30,000 given by the director.
8. Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
108,367
123,928
---------
---------
The bank loan of £108,367 (2022 - £123,928) is secured by fixed and floating charges over the company's assets and a personal guarantee for £30,000 given by the director.
Included within creditors: amounts falling due after more than one year is an amount of £24,470 (2022: £43,542) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.
9. Provisions
Deferred tax (note 10)
£
At 1 December 2022
4,715
Charge against provision
( 1,878)
-------
At 30 November 2023
2,837
-------
10. Deferred tax
The deferred tax included in the statement of financial position is as follows:
2023
2022
£
£
Included in provisions (note 9)
2,837
4,715
-------
-------
The deferred tax account consists of the tax effect of timing differences in respect of:
2023
2022
£
£
Accelerated capital allowances
2,837
4,715
-------
-------
11. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
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----
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