3 false false false false false false false false false false true false false false false false false No description of principal activity 2022-11-30 Sage Accounts Production Advanced 2023 - FRS102_2023 85,022 85,021 1 1 xbrli:pure xbrli:shares iso4217:GBP 05282755 2022-11-30 2023-11-28 05282755 2023-11-28 05282755 2022-11-29 05282755 2021-12-01 2022-11-29 05282755 2022-11-29 05282755 2021-11-30 05282755 core:PlantMachinery 2022-11-30 2023-11-28 05282755 core:MotorVehicles 2022-11-30 2023-11-28 05282755 bus:Director1 2022-11-30 2023-11-28 05282755 core:NetGoodwill 2023-11-28 05282755 core:LandBuildings 2022-11-29 05282755 core:PlantMachinery 2022-11-29 05282755 core:MotorVehicles 2022-11-29 05282755 core:LandBuildings 2023-11-28 05282755 core:PlantMachinery 2023-11-28 05282755 core:MotorVehicles 2023-11-28 05282755 core:WithinOneYear 2023-11-28 05282755 core:WithinOneYear 2022-11-29 05282755 core:UKTax 2022-11-30 2023-11-28 05282755 core:UKTax 2021-12-01 2022-11-29 05282755 core:ShareCapital 2023-11-28 05282755 core:ShareCapital 2022-11-29 05282755 core:RetainedEarningsAccumulatedLosses 2023-11-28 05282755 core:RetainedEarningsAccumulatedLosses 2022-11-29 05282755 core:NetGoodwill 2022-11-29 05282755 core:LandBuildings 2022-11-29 05282755 core:PlantMachinery 2022-11-29 05282755 core:MotorVehicles 2022-11-29 05282755 bus:SmallEntities 2022-11-30 2023-11-28 05282755 bus:AuditExemptWithAccountantsReport 2022-11-30 2023-11-28 05282755 bus:SmallCompaniesRegimeForAccounts 2022-11-30 2023-11-28 05282755 bus:PrivateLimitedCompanyLtd 2022-11-30 2023-11-28 05282755 bus:FullAccounts 2022-11-30 2023-11-28
COMPANY REGISTRATION NUMBER: 05282755
TALK CLEANING LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
28 November 2023
TALK CLEANING LTD
FINANCIAL STATEMENTS
PERIOD FROM 30 NOVEMBER 2022 TO 28 NOVEMBER 2023
CONTENTS
PAGES
Statement of financial position
1 to 2
Notes to the financial statements
3 to 6
TALK CLEANING LTD
STATEMENT OF FINANCIAL POSITION
28 November 2023
28 Nov 23
29 Nov 22
Note
£
£
£
£
FIXED ASSETS
Intangible assets
6
1
1
Tangible assets
7
192,224
171,753
---------
---------
192,225
171,754
CURRENT ASSETS
Stocks
10,000
10,000
Debtors
8
535,528
284,565
Cash at bank and in hand
170,677
293,278
---------
---------
716,205
587,843
CREDITORS: amounts falling due within one year
9
( 642,606)
( 405,470)
---------
---------
NET CURRENT ASSETS
73,599
182,373
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
265,824
354,127
PROVISIONS
Taxation including deferred tax
( 9,159)
( 9,159)
---------
---------
NET ASSETS
256,665
344,968
---------
---------
CAPITAL AND RESERVES
Called up share capital
4
4
Profit and loss account
256,661
344,964
---------
---------
SHAREHOLDERS FUNDS
256,665
344,968
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 28 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
TALK CLEANING LTD
STATEMENT OF FINANCIAL POSITION (continued)
28 November 2023
These financial statements were approved by the board of directors and authorised for issue on 13 November 2024 , and are signed on behalf of the board by:
N Danby
Director
Company registration number: 05282755
TALK CLEANING LTD
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 30 NOVEMBER 2022 TO 28 NOVEMBER 2023
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9-13 Commercial Street, Rothwell, Leeds, LS26 0AX, United Kingdom.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax.
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation to date.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Construction contracts
Where the outcome of construction contracts can be reliably estimated, contract revenue and contract costs are recognised by reference to the stage of completion of the contract activity as at the period end. Where the outcome of construction contracts cannot be estimated reliably, revenue is recognised to the extent of contract costs incurred that it is probable will be recoverable, and contract costs are recognised as an expense in the period in which they are incurred. The entity uses the percentage of completion method to determine the amounts to be recognised in the period. The stage of completion is measured by reference to the contract costs incurred up to the end of the reporting period as a percentage of total estimated costs for each contract. Costs incurred for work performed to date do not include costs relating to future activity, such as for materials or prepayments.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the period amounted to 3 (2022: 3 ).
5. TAX ON (LOSS)/PROFIT
Major components of tax (income)/expense
Period from
Period from
30 Nov 22 to
1 Dec 21 to
28 Nov 23
29 Nov 22
£
£
Current tax:
UK current tax (income)/expense
( 14,652)
18,144
Adjustments in respect of prior periods
87
--------
--------
Total current tax
( 14,652)
18,231
--------
--------
Deferred tax:
Origination and reversal of timing differences
2,701
--------
--------
Tax on (loss)/profit
( 14,652)
20,932
--------
--------
6. INTANGIBLE ASSETS
Goodwill
£
Cost
At 30 November 2022 and 28 November 2023
85,022
--------
Amortisation
At 30 November 2022 and 28 November 2023
85,021
--------
Carrying amount
At 28 November 2023
1
--------
At 29 November 2022
1
--------
7. TANGIBLE ASSETS
Land and buildings
Plant and machinery
Motor vehicles
Total
£
£
£
£
Cost
At 30 November 2022
121,866
27,830
153,535
303,231
Additions
39,125
39,125
---------
--------
---------
---------
At 28 November 2023
121,866
27,830
192,660
342,356
---------
--------
---------
---------
Depreciation
At 30 November 2022
25,348
106,130
131,478
Charge for the period
621
18,033
18,654
---------
--------
---------
---------
At 28 November 2023
25,969
124,163
150,132
---------
--------
---------
---------
Carrying amount
At 28 November 2023
121,866
1,861
68,497
192,224
---------
--------
---------
---------
At 29 November 2022
121,866
2,482
47,405
171,753
---------
--------
---------
---------
8. DEBTORS
28 Nov 23
29 Nov 22
£
£
Trade debtors
284,565
Other debtors
535,528
---------
---------
535,528
284,565
---------
---------
9. CREDITORS: amounts falling due within one year
28 Nov 23
29 Nov 22
£
£
Trade creditors
84,701
160,358
Corporation tax
18,144
Social security and other taxes
32,064
74,552
Other creditors
221,752
149,356
Other creditors
301,479
Other creditors
2,610
3,060
---------
---------
642,606
405,470
---------
---------