European Cleaning Services Limited 02878384 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of a cleaning contractor. Digita Accounts Production Advanced 6.30.9574.0 true 02878384 2023-04-01 2024-03-31 02878384 2024-03-31 02878384 core:RetainedEarningsAccumulatedLosses 2024-03-31 02878384 core:ShareCapital 2024-03-31 02878384 core:CurrentFinancialInstruments 2024-03-31 02878384 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 02878384 core:FurnitureFittingsToolsEquipment 2024-03-31 02878384 bus:SmallEntities 2023-04-01 2024-03-31 02878384 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 02878384 bus:FilletedAccounts 2023-04-01 2024-03-31 02878384 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 02878384 bus:RegisteredOffice 2023-04-01 2024-03-31 02878384 bus:Director1 2023-04-01 2024-03-31 02878384 bus:Director2 2023-04-01 2024-03-31 02878384 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02878384 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 02878384 core:OfficeEquipment 2023-04-01 2024-03-31 02878384 countries:EnglandWales 2023-04-01 2024-03-31 02878384 2023-03-31 02878384 core:FurnitureFittingsToolsEquipment 2023-03-31 02878384 2022-04-01 2023-03-31 02878384 2023-03-31 02878384 core:RetainedEarningsAccumulatedLosses 2023-03-31 02878384 core:ShareCapital 2023-03-31 02878384 core:CurrentFinancialInstruments 2023-03-31 02878384 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 02878384 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 02878384

European Cleaning Services Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

European Cleaning Services Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 6

 

European Cleaning Services Limited

Company Information

Directors

Mr A P Baldwin

Mr J Blake-Baldwin

Registered office

70 White Lion Street
London
N1 9PP

Accountants

Landmark Accountants Limited
Chartered Accountants
Leavesden Park
5 Hercules Way
Watford
Hertfordshire
WD25 7GS

 

European Cleaning Services Limited

(Registration number: 02878384)
Balance Sheet as at 31 March 2024

Note

2024

2023

   

£

£

£

£

Fixed assets

   

 

Tangible assets

4

 

9,846

 

1,616

Current assets

   

 

Debtors

5

93,799

 

113,522

 

Cash at bank and in hand

 

54,056

 

44,841

 

 

147,855

 

158,363

 

Creditors: Amounts falling due within one year

6

(141,622)

 

(152,386)

 

Net current assets

   

6,233

 

5,977

Net assets

   

16,079

 

7,593

Capital and reserves

   

 

Called up share capital

900

 

900

 

Profit and loss account

15,179

 

6,693

 

Total equity

   

16,079

 

7,593

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 September 2024 and signed on its behalf by:
 

.........................................
Mr J Blake-Baldwin
Director

 

European Cleaning Services Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
70 White Lion Street
London
N1 9PP

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

 

European Cleaning Services Limited

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

European Cleaning Services Limited

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

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments.
 Recognition and measurement
Basic financial instruments are recognised at amortised cost.
 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 101 (2023 - 96).

 

European Cleaning Services Limited

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

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 April 2023

46,270

46,270

Additions

11,386

11,386

At 31 March 2024

57,656

57,656

Depreciation

At 1 April 2023

44,654

44,654

Charge for the year

3,156

3,156

At 31 March 2024

47,810

47,810

Carrying amount

At 31 March 2024

9,846

9,846

At 31 March 2023

1,616

1,616

5

Debtors

2024
£

2023
£

Trade debtors

62,953

88,660

Prepayments

3,310

10,718

Other debtors

27,536

14,144

93,799

113,522

6

Creditors

2024
£

2023
£

Due within one year

Trade creditors

29,788

31,466

Taxation and social security

90,830

62,985

Other creditors

21,004

57,935

141,622

152,386