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REGISTERED NUMBER: 04835938 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

EASY CLEAN CONTRACTORS LIMITED

EASY CLEAN CONTRACTORS LIMITED (REGISTERED NUMBER: 04835938)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


EASY CLEAN CONTRACTORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: L J Rudd





REGISTERED OFFICE: 5 Razorbill Court
Harrier Way
Eagle Business Park
Yaxley
Peterborough
PE7 3WL





REGISTERED NUMBER: 04835938 (England and Wales)





ACCOUNTANTS: TC CH Limited
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

EASY CLEAN CONTRACTORS LIMITED (REGISTERED NUMBER: 04835938)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 69,227 49,775

CURRENT ASSETS
Stocks 5 9,096 9,958
Debtors 6 1,081,844 1,109,310
Cash at bank and in hand 215,049 1,037
1,305,989 1,120,305
CREDITORS
Amounts falling due within one year 7 625,820 528,219
NET CURRENT ASSETS 680,169 592,086
TOTAL ASSETS LESS CURRENT LIABILITIES 749,396 641,861

PROVISIONS FOR LIABILITIES 10 14,692 9,564
NET ASSETS 734,704 632,297

CAPITAL AND RESERVES
Called up share capital 11 2 2
Retained earnings 734,702 632,295
SHAREHOLDERS' FUNDS 734,704 632,297

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 November 2024 and were signed by:




L J Rudd - Director


EASY CLEAN CONTRACTORS LIMITED (REGISTERED NUMBER: 04835938)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Easy Clean Contractors Limited is a private company, limited by shares , registered in England and Wales. 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.

Significant judgements and estimates
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.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

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

EASY CLEAN CONTRACTORS LIMITED (REGISTERED NUMBER: 04835938)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. 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.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 237 (2022 - 237 ) .

EASY CLEAN CONTRACTORS LIMITED (REGISTERED NUMBER: 04835938)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 8,146 15,925 98,902 983 123,956
Additions 14,132 195 23,914 200 38,441
At 31 December 2023 22,278 16,120 122,816 1,183 162,397
DEPRECIATION
At 1 January 2023 6,848 13,273 53,506 554 74,181
Charge for year 1,479 683 16,658 169 18,989
At 31 December 2023 8,327 13,956 70,164 723 93,170
NET BOOK VALUE
At 31 December 2023 13,951 2,164 52,652 460 69,227
At 31 December 2022 1,298 2,652 45,396 429 49,775

5. STOCKS
2023 2022
£    £   
Stocks 9,096 9,958

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 838,933 870,531
Amounts owed by group undertakings 200,000 200,000
Other debtors 42,911 38,779
1,081,844 1,109,310

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 8) - 8,194
Trade creditors 63,549 69,429
Taxation and social security 471,749 386,453
Other creditors 90,522 64,143
625,820 528,219

8. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 8,194

EASY CLEAN CONTRACTORS LIMITED (REGISTERED NUMBER: 04835938)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


9. SECURED DEBTS

A legal charge dated 2005 is held by Barclays Bank PLC over all monies due or hereafter to become due or from time to time accruing due from the Company to the Bank upon any account and in any manner whatsoever. The legal charge is held against the freehold property known as 112a Fletton Avenue, Peterborough.

A legal charge dated 2008 is held by Barclays Bank PLC over all monies due or hereafter to become due or from time to time accruing due from the Company to the Bank upon any account and in any manner whatsoever. The legal charge is held against the freehold property known as 388 Fulbridge Road, Peterborough, PE4 6SG comprised in title number CB37826 (a property owned by a related party that the director is the ultimate controlling party of).

A debenture dated 2008 is held by Barclays Bank PLC over all the company's present and future assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures and fixed plant & machinery.

A charge dated 2022 is held by Barclays Security Trustee Limited over all the company's present and future freehold and leasehold property, together with all buildings, structures, plant and machinery, fixtures and fittings, goodwill, uncalled capital and all other intellectual property rights. The legal charge contains a fixed and floating charge.

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 14,692 9,564

Deferred
tax
£   
Balance at 1 January 2023 9,564
Provided during year 5,128
Balance at 31 December 2023 14,692

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
149 Ordinary £0.01 1 1
51 Ordinary B £0.01 1 1
2 2

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £160,000 (2022 - £55,000) were paid to the director .

13. ULTIMATE CONTROLLING PARTY

The controlling party is Mr L J Rudd by virtue of his ownership of the issued ordinary share capital.