Silverfin false false 31/01/2024 01/02/2023 31/01/2024 T D Payne 22 October 2024 The principal activity of the Company during the financial year was cleaning. 03488196 2024-01-31 03488196 2023-01-31 03488196 core:CurrentFinancialInstruments 2024-01-31 03488196 core:CurrentFinancialInstruments 2023-01-31 03488196 core:Non-currentFinancialInstruments 2024-01-31 03488196 core:Non-currentFinancialInstruments 2023-01-31 03488196 core:ShareCapital 2024-01-31 03488196 core:ShareCapital 2023-01-31 03488196 core:CapitalRedemptionReserve 2024-01-31 03488196 core:CapitalRedemptionReserve 2023-01-31 03488196 core:RetainedEarningsAccumulatedLosses 2024-01-31 03488196 core:RetainedEarningsAccumulatedLosses 2023-01-31 03488196 core:Goodwill 2023-01-31 03488196 core:Goodwill 2024-01-31 03488196 core:PlantMachinery 2023-01-31 03488196 core:Vehicles 2023-01-31 03488196 core:OfficeEquipment 2023-01-31 03488196 core:PlantMachinery 2024-01-31 03488196 core:Vehicles 2024-01-31 03488196 core:OfficeEquipment 2024-01-31 03488196 2023-02-01 2024-01-31 03488196 bus:FilletedAccounts 2023-02-01 2024-01-31 03488196 bus:SmallEntities 2023-02-01 2024-01-31 03488196 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 03488196 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 03488196 bus:Director1 2023-02-01 2024-01-31 03488196 core:PlantMachinery 2023-02-01 2024-01-31 03488196 core:Vehicles 2023-02-01 2024-01-31 03488196 core:OfficeEquipment core:TopRangeValue 2023-02-01 2024-01-31 03488196 2022-02-01 2023-01-31 03488196 core:OfficeEquipment 2023-02-01 2024-01-31 03488196 core:Non-currentFinancialInstruments 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Company No: 03488196 (England and Wales)

ENTERPRISE CLEANING & SUPPORT SERVICES LIMITED

Unaudited Financial Statements
For the financial year ended 31 January 2024
Pages for filing with the registrar

ENTERPRISE CLEANING & SUPPORT SERVICES LIMITED

Unaudited Financial Statements

For the financial year ended 31 January 2024

Contents

ENTERPRISE CLEANING & SUPPORT SERVICES LIMITED

BALANCE SHEET

As at 31 January 2024
ENTERPRISE CLEANING & SUPPORT SERVICES LIMITED

BALANCE SHEET (continued)

As at 31 January 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 4 30,995 4,236
30,995 4,236
Current assets
Stocks 5 5,000 5,000
Debtors 6 837,938 752,345
Cash at bank and in hand 739,765 583,404
1,582,703 1,340,749
Creditors: amounts falling due within one year 7 ( 345,801) ( 314,135)
Net current assets 1,236,902 1,026,614
Total assets less current liabilities 1,267,897 1,030,850
Creditors: amounts falling due after more than one year 8 ( 44,994) ( 24,946)
Net assets 1,222,903 1,005,904
Capital and reserves
Called-up share capital 45 45
Capital redemption reserve 55 55
Profit and loss account 1,222,803 1,005,804
Total shareholder's funds 1,222,903 1,005,904

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

Director's responsibilities:

The financial statements of Enterprise Cleaning & Support Services Limited (registered number: 03488196) were approved and authorised for issue by the Director on 22 October 2024. They were signed on its behalf by:

T D Payne
Director
ENTERPRISE CLEANING & SUPPORT SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
ENTERPRISE CLEANING & SUPPORT SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Enterprise Cleaning & Support Services Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1st Floor, River House, 1 Maidstone Road, Sidcup, Kent, DA14 5RH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
The tax expense for the period comprises current 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.

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

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill not amortised
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery 50 % reducing balance
Vehicles 20 % reducing balance
Office equipment 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 53 70

3. Intangible assets

Goodwill Total
£ £
Cost
At 01 February 2023 300,000 300,000
At 31 January 2024 300,000 300,000
Accumulated amortisation
At 01 February 2023 300,000 300,000
At 31 January 2024 300,000 300,000
Net book value
At 31 January 2024 0 0
At 31 January 2023 0 0

4. Tangible assets

Plant and machinery Vehicles Office equipment Total
£ £ £ £
Cost
At 01 February 2023 52,384 8,021 23,428 83,833
Additions 0 41,225 0 41,225
At 31 January 2024 52,384 49,246 23,428 125,058
Accumulated depreciation
At 01 February 2023 49,128 7,041 23,428 79,597
Charge for the financial year 1,628 12,838 0 14,466
At 31 January 2024 50,756 19,879 23,428 94,063
Net book value
At 31 January 2024 1,628 29,367 0 30,995
At 31 January 2023 3,256 980 0 4,236

5. Stocks

2024 2023
£ £
Stocks 5,000 5,000

6. Debtors

2024 2023
£ £
Trade debtors 185,441 162,766
Other debtors 652,497 589,579
837,938 752,345

7. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 10,078 9,890
Trade creditors 83,782 73,727
Taxation and social security 133,346 104,532
Obligations under finance leases and hire purchase contracts 3,745 0
Other creditors 114,850 125,986
345,801 314,135

8. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 14,806 24,946
Obligations under finance leases and hire purchase contracts 30,188 0
44,994 24,946

There are no amounts included above in respect of which any security has been given by the small entity.

9. Related party transactions

Transactions with the entity's director

2024 2023
£ £
Directors Loan 20,325 21,325

These amounts are unsecured, provided interest free and are repayable on demand.