Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 06665403 Mr John Harrison Mr Mark Harrison John Harrison false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06665403 2023-07-31 06665403 2024-07-31 06665403 2023-08-01 2024-07-31 06665403 frs-core:CurrentFinancialInstruments 2024-07-31 06665403 frs-core:NetGoodwill 2024-07-31 06665403 frs-core:NetGoodwill 2023-08-01 2024-07-31 06665403 frs-core:NetGoodwill 2023-07-31 06665403 frs-core:MotorVehicles 2024-07-31 06665403 frs-core:MotorVehicles 2023-08-01 2024-07-31 06665403 frs-core:MotorVehicles 2023-07-31 06665403 frs-core:PlantMachinery 2024-07-31 06665403 frs-core:PlantMachinery 2023-08-01 2024-07-31 06665403 frs-core:PlantMachinery 2023-07-31 06665403 frs-core:ShareCapital 2024-07-31 06665403 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 06665403 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 06665403 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 06665403 frs-bus:SmallEntities 2023-08-01 2024-07-31 06665403 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 06665403 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 06665403 1 2023-08-01 2024-07-31 06665403 frs-bus:Director1 2023-08-01 2024-07-31 06665403 frs-bus:Director2 2023-08-01 2024-07-31 06665403 frs-countries:EnglandWales 2023-08-01 2024-07-31 06665403 2022-07-31 06665403 2023-07-31 06665403 2022-08-01 2023-07-31 06665403 frs-core:CurrentFinancialInstruments 2023-07-31 06665403 frs-core:ShareCapital 2023-07-31 06665403 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 06665403
Cleansheen Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
S T Hannam FCCA
Association of Chartered Certified Accountants
42 King Georges Road
Bishopsworth
Bristol
BS13 8LX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06665403
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 150 150
Tangible Assets 5 17,288 21,546
17,438 21,696
CURRENT ASSETS
Debtors 6 - 6,000
Cash at bank and in hand 8,899 5,436
8,899 11,436
Creditors: Amounts Falling Due Within One Year 7 (12,059 ) (26,166 )
NET CURRENT ASSETS (LIABILITIES) (3,160 ) (14,730 )
TOTAL ASSETS LESS CURRENT LIABILITIES 14,278 6,966
NET ASSETS 14,278 6,966
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 14,178 6,866
SHAREHOLDERS' FUNDS 14,278 6,966
Page 1
Page 2
For the year ending 31 July 2024 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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr John Harrison
Director
18/09/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cleansheen Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06665403 . The registered office is 1 Barnstaple Road, Knowle, Bristol, BS4 1JG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25%
Motor Vehicles 25%
2.5. Taxation
Corporation tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
Sales, marketing and distribution 1 1
3 3
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2023 15,000
As at 31 July 2024 15,000
Amortisation
As at 1 August 2023 14,850
As at 31 July 2024 14,850
Net Book Value
As at 31 July 2024 150
As at 1 August 2023 150
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 August 2023 30,983 34,593 65,576
Additions 1,504 - 1,504
As at 31 July 2024 32,487 34,593 67,080
Depreciation
As at 1 August 2023 27,158 16,872 44,030
Provided during the period 1,332 4,430 5,762
As at 31 July 2024 28,490 21,302 49,792
Net Book Value
As at 31 July 2024 3,997 13,291 17,288
As at 1 August 2023 3,825 17,721 21,546
6. Debtors
2024 2023
£ £
Due within one year
Directors' loan accounts - 6,000
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 4,191 40
Other taxes and social security 107 387
Net wages 197 -
Directors' loan accounts 7,564 25,739
12,059 26,166
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 6,000 6,000
10. Controlling Party
The company's controlling party is John Harrison by virtue of his ownership of 50 % of the issued share capital in the company.
Page 5