Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2023-05-01false345446falsefalse 03813158 2023-05-01 2024-04-30 03813158 2022-05-01 2023-04-30 03813158 2024-04-30 03813158 2023-04-30 03813158 c:Director1 2023-05-01 2024-04-30 03813158 d:PlantMachinery 2023-05-01 2024-04-30 03813158 d:PlantMachinery 2024-04-30 03813158 d:PlantMachinery 2023-04-30 03813158 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 03813158 d:MotorVehicles 2023-05-01 2024-04-30 03813158 d:MotorVehicles 2024-04-30 03813158 d:MotorVehicles 2023-04-30 03813158 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 03813158 d:FurnitureFittings 2023-05-01 2024-04-30 03813158 d:FurnitureFittings 2024-04-30 03813158 d:FurnitureFittings 2023-04-30 03813158 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 03813158 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 03813158 d:Goodwill 2024-04-30 03813158 d:Goodwill 2023-04-30 03813158 d:CurrentFinancialInstruments 2024-04-30 03813158 d:CurrentFinancialInstruments 2023-04-30 03813158 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 03813158 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 03813158 d:ShareCapital 2024-04-30 03813158 d:ShareCapital 2023-04-30 03813158 d:RetainedEarningsAccumulatedLosses 2024-04-30 03813158 d:RetainedEarningsAccumulatedLosses 2023-04-30 03813158 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 03813158 d:AcceleratedTaxDepreciationDeferredTax 2023-04-30 03813158 c:OrdinaryShareClass1 2023-05-01 2024-04-30 03813158 c:OrdinaryShareClass1 2024-04-30 03813158 c:OrdinaryShareClass1 2023-04-30 03813158 c:FRS102 2023-05-01 2024-04-30 03813158 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 03813158 c:FullAccounts 2023-05-01 2024-04-30 03813158 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 03813158 2 2023-05-01 2024-04-30 03813158 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 03813158









NIGHTINGALE CLEANING LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
NIGHTINGALE CLEANING LIMITED
REGISTERED NUMBER: 03813158

BALANCE SHEET
AS AT 30 APRIL 2024

As restated
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
12,260
26,651

  
12,260
26,651

Current assets
  

Stocks
  
12,820
12,820

Debtors: amounts falling due within one year
 6 
710,284
1,019,630

Cash at bank and in hand
 7 
-
53,616

  
723,104
1,086,066

Creditors: amounts falling due within one year
 8 
(420,580)
(617,957)

Net current assets
  
 
 
302,524
 
 
468,109

Total assets less current liabilities
  
314,784
494,760

Provisions for liabilities
  

Deferred tax
 9 
(2,062)
(6,188)

  
 
 
(2,062)
 
 
(6,188)

Net assets
  
312,722
488,572


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
312,622
488,472

  
312,722
488,572


Page 1

 
NIGHTINGALE CLEANING LIMITED
REGISTERED NUMBER: 03813158

BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
S J Felstead
Director

Date: 17 October 2024

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
NIGHTINGALE CLEANING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Nightingale Cleaning Limited, registered number 03813158, is a private company, limited by shares incorporated in England and Wales within the United Kingdom. The Registered Office is 25 Brookfield Road, Sawston, Cambridge, Cambridgeshire, CB22 3EH. The Company is part of a small group.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
NIGHTINGALE CLEANING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.9

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 4

 
NIGHTINGALE CLEANING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.10

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
straight line
Motor vehicles
-
25%
straight line
Fixtures and fittings
-
25%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.11

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.12

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.13

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.14

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
NIGHTINGALE CLEANING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.15

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.16

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the
Page 6

 
NIGHTINGALE CLEANING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.16
Financial instruments (continued)

transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.17

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 345 (2023 - 446).


4.


Intangible assets




Goodwill

£



Cost


At 1 May 2023
6,783



At 30 April 2024

6,783



Amortisation


At 1 May 2023
6,783



At 30 April 2024

6,783



Net book value



At 30 April 2024
-



At 30 April 2023
-



Page 7

 
NIGHTINGALE CLEANING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 May 2023
93,136
20,877
89,501
203,514


Additions
-
-
1,414
1,414



At 30 April 2024

93,136
20,877
90,915
204,928



Depreciation


At 1 May 2023
76,061
20,877
79,925
176,863


Charge for the year on owned assets
11,529
-
4,276
15,805



At 30 April 2024

87,590
20,877
84,201
192,668



Net book value



At 30 April 2024
5,546
-
6,714
12,260



At 30 April 2023
17,075
-
9,576
26,651


6.


Debtors

2024
2023
£
£


Trade debtors
401,086
693,863

Amounts owed by group undertakings
286,015
286,265

Other debtors
1,259
-

Prepayments and accrued income
21,924
39,502

710,284
1,019,630



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
-
53,616

Less: bank overdrafts
(54,435)
(158,894)

(54,435)
(105,278)


Page 8

 
NIGHTINGALE CLEANING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

8.


Creditors: Amounts falling due within one year

As restated
2024
2023
£
£

Bank overdrafts
54,435
158,894

Trade creditors
40,459
33,271

Amounts owed to group undertakings
10,000
10,000

Corporation tax
-
41,713

Other taxation and social security
196,651
269,460

Other creditors
232
232

Accruals and deferred income
118,803
104,387

420,580
617,957


The other loans and bank overdrafts are secured by way of a fixed and floating charge over the Company's assets. There is an unlimited composite guarantee between the Company and Nightingale Contract Services Group Limited. A personal guarantee for £50,000 was given by S J Felstead.


9.


Deferred taxation




2024


£






At beginning of year
(6,188)


Charged to profit or loss
4,126



At end of year
(2,062)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(2,062)
(6,188)

(2,062)
(6,188)

Page 9

 
NIGHTINGALE CLEANING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £59,316 (2023 - £145,763) . Contributions totalling £NIL (2023 - £NIL) were payable to the fund at the balance sheet date.


12.


Contingent liabilities

The Company has provided a cross guarantee in respect of bank loans taken out by the parent Company. At the balance sheet date the bank loan totalled £72,206 (2023 - £114,531).


13.


Related party transactions

During the year, the Company had a loan account with Nightingale Contract Services Group Limited. The amount due at the the year end was £276,015 (2023 - £276,265).
During the year there were transactions with the directors of the company, the amount due from the directors at the year end was £1,259 (2023 - £NIL). 


Page 10