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REGISTERED NUMBER: 08274568 (England and Wales)







Abridged Financial Statements for the Year Ended 31st March 2024

for

Cleaning Technique Limited

Cleaning Technique Limited (Registered number: 08274568)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Cleaning Technique Limited

Company Information
for the Year Ended 31st March 2024







DIRECTORS: S McGrath
Mrs I R McGrath





REGISTERED OFFICE: Unit 21b Harris Business Park
Stoke Prior
Bromsgrove
Worcestershire
B60 4DJ





REGISTERED NUMBER: 08274568 (England and Wales)





ACCOUNTANTS: The Richards Sandy Partnership
Thorneloe House
25 Barbourne Road
Worcester
Worcestershire
WR1 1RU

Cleaning Technique Limited (Registered number: 08274568)

Abridged Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 21,499 6,609
21,499 6,609

CURRENT ASSETS
Stocks 2,500 4,000
Debtors 100,755 98,232
Cash at bank and in hand 30,614 12,947
133,869 115,179
CREDITORS
Amounts falling due within one year 93,803 73,173
NET CURRENT ASSETS 40,066 42,006
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,565

48,615

CREDITORS
Amounts falling due after more than one
year

6

(47,661

)

(36,911

)

PROVISIONS FOR LIABILITIES 8 (4,085 ) (1,250 )
NET ASSETS 9,819 10,454

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9,719 10,354
SHAREHOLDERS' FUNDS 9,819 10,454

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Cleaning Technique Limited (Registered number: 08274568)

Abridged Balance Sheet - continued
31st March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th September 2024 and were signed on its behalf by:





S McGrath - Director


Cleaning Technique Limited (Registered number: 08274568)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Cleaning Technique Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements 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 financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Cleaning Technique Limited (Registered number: 08274568)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 70 (2023 - 65 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2023
and 31st March 2024 32,469
AMORTISATION
At 1st April 2023
and 31st March 2024 32,469
NET BOOK VALUE

At 31st March 2024 -
At 31st March 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2023 15,539
Additions 23,044
Disposals (2,000 )
At 31st March 2024 36,583
DEPRECIATION
At 1st April 2023 8,930
Charge for year 8,042
Eliminated on disposal (1,888 )
At 31st March 2024 15,084
NET BOOK VALUE
At 31st March 2024 21,499
At 31st March 2023 6,609

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS
2024 2023
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 9,986 14,688

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 20,050 -

Hire purchase loans are secured over the tangible fixed assets to which they relate.

Cleaning Technique Limited (Registered number: 08274568)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 4,085 1,250

Deferred
tax
£   
Balance at 1st April 2023 1,250
Provided during year 2,835
Balance at 31st March 2024 4,085

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in Creditors is a loan from the directors, Mr S McGrath and Mrs I R McGrath. It is interest free.