2023-03-01 13199144 2024-02-29 13199144 2023-03-01 2024-02-29 13199144 2023-02-28 13199144 2022-03-01 2023-02-28 13199144 uk-core:WithinOneYear 2023-02-28 13199144 uk-core:WithinOneYear 2024-02-29 13199144 uk-core:ShareCapital 2024-02-29 13199144 uk-core:ShareCapital 2023-02-28 13199144 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 13199144 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 13199144 uk-bus:Director1 2023-03-01 2024-02-29 13199144 uk-core:PlantMachinery 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure 13199144 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 13199144 uk-bus:FRS102 2023-03-01 2024-02-29 13199144 uk-bus:FilletedAccounts 2023-03-01 2024-02-29 13199144 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
Morgan Gibbs Cleaning Services Ltd
Registered Number:13199144
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 29 February 2024
Morgan Gibbs Cleaning Services Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
13199144
As at 29 February 2024
Morgan Gibbs Cleaning Services Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
229
291
2
229
291
Current assets
Trade and other receivables
8,897
10,320
3
14,551
Cash and cash equivalents
17,546
27,866
23,448
Trade and other payables: amounts falling due within one
year
(20,801)
(20,327)
4
2,647
7,539
Net current assets
Total assets less current liabilities
7,768
2,938
(67)
(67)
Provisions for liabilities
7,701
Net assets
2,871
Capital and reserves
Called up share capital
2
2
Retained earnings
7,699
2,869
7,701
2,871
Shareholders' funds
For the year ended 29 February 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 of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Paul Gibbs Director
These financial statements were approved and authorised for issue by the Board on 20 September 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 29 February 2024
Morgan Gibbs Cleaning Services Ltd
Notes to the Financial Statements
Statutory Information
Morgan Gibbs Cleaning Services Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 13199144.
Registered address:
5 Geoffrey Close
Bristol
BS13 8BW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. An appropriate amount is included for work performed during the year but not yet invoiced at the balance sheet date.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
15% Straight line
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 29 February 2024
Morgan Gibbs Cleaning Services Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 March 2023
417
At 29 February 2024
417
Provision for depreciation and impairment
At 01 March 2023
126
Charge for year
62
At 29 February 2024
188
At 29 February 2024
Net book value
229
At 28 February 2023
291
3. Trade and other receivables
2023
2024
£
£
Trade debtors
10,320
8,897
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
19,229
19,690
Other creditors
1,098
1,111
20,327
20,801
5. Average number of persons employed
During the year the average number of employees was 6 (2023 : 3)
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