VENT CLEAN AND SERVICES LIMITED

Company Registration Number:
SC108470 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

VENT CLEAN AND SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

VENT CLEAN AND SERVICES LIMITED

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

cleaning and maintenance of ventilation systems



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

D McCarthy
J McCarthy


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
3 September 2024

And signed on behalf of the board by:
Name: D McCarthy
Status: Director

VENT CLEAN AND SERVICES LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 24,832 31,982
Total fixed assets: 24,832 31,982
Current assets
Debtors: 4 29,291 35,194
Cash at bank and in hand: 38,419 59,443
Total current assets: 67,710 94,637
Creditors: amounts falling due within one year: 5 ( 20,211 ) ( 23,964 )
Net current assets (liabilities): 47,499 70,673
Total assets less current liabilities: 72,331 102,655
Total net assets (liabilities): 72,331 102,655
Capital and reserves
Called up share capital: 2,005 2,005
Profit and loss account: 70,326 100,650
Total Shareholders' funds: 72,331 102,655

The notes form part of these financial statements

VENT CLEAN AND SERVICES LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 3 September 2024
and signed on behalf of the board by:

Name: D McCarthy
Status: Director

The notes form part of these financial statements

VENT CLEAN AND SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent impairment losses.

    Other accounting policies

    Deferred Taxation Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 Corporation 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 or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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. Going concern After reviewing the forecasts and projections, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing it financial statements.

VENT CLEAN AND SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 6

VENT CLEAN AND SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 92,802 92,802
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 92,802 92,802
Depreciation
At 1 April 2023 60,820 60,820
Charge for year 7,150 7,150
On disposals
Other adjustments
At 31 March 2024 67,970 67,970
Net book value
At 31 March 2024 24,832 24,832
At 31 March 2023 31,982 31,982

VENT CLEAN AND SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 26,633 32,536
Other debtors 2,658 2,658
Total 29,291 35,194

VENT CLEAN AND SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 6,750 9,750
Trade creditors 2,217 2,186
Taxation and social security 8,634 10,810
Accruals and deferred income 750 750
Other creditors 1,860 468
Total 20,211 23,964