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REGISTERED NUMBER: SC249429 (Scotland)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

B-CLEAN CLEANING SERVICES LIMITED

B-CLEAN CLEANING SERVICES LIMITED (REGISTERED NUMBER: SC249429)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B-CLEAN CLEANING SERVICES LIMITED

COMPANY INFORMATION
for the year ended 31 May 2024







DIRECTOR: Mr W D Ovenstone





SECRETARY: Mrs J Ovenstone





REGISTERED OFFICE: 57 Laburnum Road
Methil
Leven
Fife
KY8 2HB





REGISTERED NUMBER: SC249429 (Scotland)





ACCOUNTANTS: Haines Watts
Business Advisors and Accountants
Viewforth House
189 Nicol Street
Kirkcaldy
Fife
KY1 1PF

B-CLEAN CLEANING SERVICES LIMITED (REGISTERED NUMBER: SC249429)

BALANCE SHEET
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 11,505 5,373
11,505 5,373

CURRENT ASSETS
Stocks 550 400
Debtors 6 2,780 1,973
Cash at bank and in hand 4,152 3,334
7,482 5,707
CREDITORS
Amounts falling due within one year 7 29,026 18,646
NET CURRENT LIABILITIES (21,544 ) (12,939 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,039

)

(7,566

)

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (10,049 ) (7,576 )
SHAREHOLDERS' FUNDS (10,039 ) (7,566 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

B-CLEAN CLEANING SERVICES LIMITED (REGISTERED NUMBER: SC249429)

BALANCE SHEET - continued
31 May 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 October 2024 and were signed by:





Mr W D Ovenstone - Director


B-CLEAN CLEANING SERVICES LIMITED (REGISTERED NUMBER: SC249429)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2024

1. STATUTORY INFORMATION

B-Clean Cleaning Services Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

At 31 May 2024 the company had liabilities exceeding assets by £10,039 (2023 - £7,566) and relies on the continued support of the director to finance its working capital requirements. The director considers it appropriate to prepare the financial statements on the going concern basis as they expect that this support will continue for the foreseeable future.

TURNOVER
Turnover represents the value of cleaning services provided during the year. Revenue is recognised in the period in which the services are rendered.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been fully amortised.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% per annum reducing balance
Fixtures and fittings - 15% per annum reducing balance
Motor vehicles - 25% per annum on cost
Computer equipment - Straight line over 3 years

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

B-CLEAN CLEANING SERVICES LIMITED (REGISTERED NUMBER: SC249429)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2024

2. ACCOUNTING POLICIES - continued

FINANCIAL INSTRUMENTS
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 3 ) .

B-CLEAN CLEANING SERVICES LIMITED (REGISTERED NUMBER: SC249429)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 3,000
AMORTISATION
At 1 June 2023
and 31 May 2024 3,000
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 6,603 2,007 18,989 324 27,923
Additions 315 - 7,900 - 8,215
At 31 May 2024 6,918 2,007 26,889 324 36,138
DEPRECIATION
At 1 June 2023 2,425 1,923 18,068 134 22,550
Charge for year 670 12 1,294 107 2,083
At 31 May 2024 3,095 1,935 19,362 241 24,633
NET BOOK VALUE
At 31 May 2024 3,823 72 7,527 83 11,505
At 31 May 2023 4,178 84 921 190 5,373

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 928 720
Other debtors 1,852 1,253
2,780 1,973

B-CLEAN CLEANING SERVICES LIMITED (REGISTERED NUMBER: SC249429)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12 -
Taxation and social security 395 -
Other creditors 28,619 18,646
29,026 18,646

8. DEFERRED TAX
£   
Balance at 1 June 2023 (579 )
Charge to Statement of Income and Retained Earnings during year 579
Accelerated capital allowances
Balance at 31 May 2024 -

9. RELATED PARTY DISCLOSURES

Included in 'Other creditors' is an amount of £14,215 (2023 - £14,612) due to the director from the company. This loan is interest free and has no fixed terms for repayment.

Included in 'Other creditors' is an amount of £10,162 (2023 - £nil) due to a relative of the director from the company. This loan is interest free and has no fixed terms for repayment.