Registered number
12242973
MP Window Cleaners Limited
Filleted Accounts
31 October 2024
MP Window Cleaners Limited
Registered number: 12242973
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 25,758 1,999
Current assets
Cash at bank and in hand 17,584 22,142
Creditors: amounts falling due within one year 4 (17,863) (21,183)
Net current (liabilities)/assets (279) 959
Total assets less current liabilities 25,479 2,958
Creditors: amounts falling due after more than one year 5 (22,148) -
Net assets 3,331 2,958
Capital and reserves
Called up share capital 100 100
Profit and loss account 3,231 2,858
Shareholders' funds 3,331 2,958
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Daniel Perham
Director
Approved by the board on 19 November 2024
MP Window Cleaners Limited
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Fixtures, fittings, tools and equipment over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 November 2023 633 7,999 8,632
Additions - 32,345 32,345
At 31 October 2024 633 40,344 40,977
Depreciation
At 1 November 2023 633 6,000 6,633
Charge for the year - 8,586 8,586
At 31 October 2024 633 14,586 15,219
Net book value
At 31 October 2024 - 25,758 25,758
At 31 October 2023 - 1,999 1,999
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 6,440 321
Trade creditors 1,328 950
Taxation and social security costs 7,435 18,713
Other creditors 2,660 1,199
17,863 21,183
5 Creditors: amounts falling due after one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 22,148 -
6 Related party transactions
At the year end there were loans to the company from the directors as follows:
2024 2023
Daniel Perham 2,084 1,198
Benjamin Perham - -
The loans are interest free with no fixed terms of repayment.
7 Controlling party
The company is under the control of Mr Daniel Perham, the director and majority shareholder.
8 Other information
MP Window Cleaners Limited is a private company limited by shares and incorporated in England. Its registered office is:
5 Clark Close
Shipston on Stour
Warwickshire
CV36 4HJ
MP Window Cleaners Limited 12242973 false 2023-11-01 2024-10-31 2024-10-31 VT Final Accounts July 2024 Mr Daniel Perham No description of principal activity 12242973 2022-11-01 2023-10-31 12242973 core:WithinOneYear 2023-10-31 12242973 core:AfterOneYear 2023-10-31 12242973 core:ShareCapital 2023-10-31 12242973 core:RetainedEarningsAccumulatedLosses 2023-10-31 12242973 2023-11-01 2024-10-31 12242973 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12242973 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 12242973 bus:Director40 2023-11-01 2024-10-31 12242973 1 2023-11-01 2024-10-31 12242973 2 2023-11-01 2024-10-31 12242973 core:PlantMachinery 2023-11-01 2024-10-31 12242973 core:Vehicles 2023-11-01 2024-10-31 12242973 countries:England 2023-11-01 2024-10-31 12242973 bus:FRS102 2023-11-01 2024-10-31 12242973 bus:FilletedAccounts 2023-11-01 2024-10-31 12242973 2024-10-31 12242973 core:WithinOneYear 2024-10-31 12242973 core:AfterOneYear 2024-10-31 12242973 core:ShareCapital 2024-10-31 12242973 core:RetainedEarningsAccumulatedLosses 2024-10-31 12242973 core:PlantMachinery 2024-10-31 12242973 core:Vehicles 2024-10-31 12242973 2023-10-31 12242973 core:PlantMachinery 2023-10-31 12242973 core:Vehicles 2023-10-31 iso4217:GBP xbrli:pure