Company Registration No. 11061251 (England and Wales)
BEST CHOICE CLEANING COMPANY LIMITED
Unaudited accounts
for the year ended 30 November 2023
BEST CHOICE CLEANING COMPANY LIMITED
Unaudited accounts
Contents
BEST CHOICE CLEANING COMPANY LIMITED
Company Information
for the year ended 30 November 2023
Company Number
11061251 (England and Wales)
Registered Office
11 CARLTON TERRACE
LONDON
SE26 4EH
UNITED KINGDOM
Accountants
Bromley Consultancy Ltd trading as Bromley Accounting
8 Lilah Mews
Bromley
Kent
BR2 0BZ
BEST CHOICE CLEANING COMPANY LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
19,976
17,149
Cash at bank and in hand
52,518
16,926
Creditors: amounts falling due within one year
(65,139)
(21,835)
Net current assets
53,177
24,714
Total assets less current liabilities
73,153
41,863
Creditors: amounts falling due after more than one year
(2,394)
(10,336)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
66,058
31,526
Shareholders' funds
66,059
31,527
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 August 2024 and were signed on its behalf by
V. Price
Director
Company Registration No. 11061251
BEST CHOICE CLEANING COMPANY LIMITED
Notes to the Accounts
for the year ended 30 November 2023
BEST CHOICE CLEANING COMPANY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11061251. The registered office is 11 CARLTON TERRACE, LONDON, SE26 4EH, UNITED KINGDOM.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts 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 accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 yrs SL
Stock is measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
BEST CHOICE CLEANING COMPANY LIMITED
Notes to the Accounts
for the year ended 30 November 2023
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
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Tangible fixed assets
Total
At 30 November 2023
36,021
At 30 November 2023
16,045
At 30 November 2023
19,976
At 30 November 2022
17,149
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Average number of employees
During the year the average number of employees was 8 (2022: 2).