Cleanagain Ltd
Registered number: 03313353
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 3,551 4,076
Current assets
Debtors 4 36,415 39,759
Cash at bank and in hand 112,015 74,708
148,430 114,467
Creditors: amounts falling due within one year 5 (46,243) (41,595)
Net current assets 102,187 72,872
Net assets £105,738 £76,948
Capital and reserves
Called up share capital 100 2
Profit and loss account 105,638 76,946
Shareholders' funds £105,738 £76,948
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
I P R WALKER
Director
Approved by the board on 27 August 2024
Cleanagain Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 as applied to small entities by section 1A of the standard. The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles reducing balance @ 25%
Plant and machinery reducing balance @ 15%
Fixtures, fittings, tools and equipment reducing balance @ 15%
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 33 33
3 Tangible fixed assets
Fixtures & fittings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 April 2023 6,243 13,327 8,000 27,570
Additions 499 - - 499
At 31 March 2024 £6,742 £13,327 £8,000 £28,069
Depreciation
At 1 April 2023 5,964 12,905 4,625 23,494
Charge for the year 117 63 844 1,024
At 31 March 2024 £6,081 £12,968 £5,469 £24,518
Net book value
At 31 March 2024 £661 £359 £2,531 £3,551
At 31 March 2023 £279 £422 £3,375 £4,076
4 Debtors 2024 2023
£ £
Trade debtors 31,576 36,583
Other debtors 4,839 3,176
£36,415 £39,759
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 1,409 1,542
Corporation tax 12,711 12,251
Other taxes and social security costs 22,106 22,222
Other creditors 10,017 5,580
£46,243 £41,595
6 Other information
Cleanagain Ltd is a private company limited by shares and incorporated in England. Its registered office is:
239 Bullsmoor Lane
Enfield
MIDDX
EN1 4SB
Cleanagain Ltd 03313353 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts April 2024 I P R WALKER No description of principal activity 03313353 2022-04-01 2023-03-31 03313353 core:WithinOneYear 2023-03-31 03313353 core:ShareCapital 2023-03-31 03313353 core:RetainedEarningsAccumulatedLosses 2023-03-31 03313353 2023-04-01 2024-03-31 03313353 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03313353 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 03313353 bus:Director40 2023-04-01 2024-03-31 03313353 1 2023-04-01 2024-03-31 03313353 2 2023-04-01 2024-03-31 03313353 core:LandBuildings 2023-04-01 2024-03-31 03313353 core:PlantMachinery 2023-04-01 2024-03-31 03313353 core:Vehicles 2023-04-01 2024-03-31 03313353 countries:England 2023-04-01 2024-03-31 03313353 bus:FRS102 2023-04-01 2024-03-31 03313353 bus:FilletedAccounts 2023-04-01 2024-03-31 03313353 2024-03-31 03313353 core:WithinOneYear 2024-03-31 03313353 core:ShareCapital 2024-03-31 03313353 core:RetainedEarningsAccumulatedLosses 2024-03-31 03313353 core:LandBuildings 2024-03-31 03313353 core:PlantMachinery 2024-03-31 03313353 core:Vehicles 2024-03-31 03313353 2023-03-31 03313353 core:LandBuildings 2023-03-31 03313353 core:PlantMachinery 2023-03-31 03313353 core:Vehicles 2023-03-31 iso4217:GBP xbrli:pure