Acorah Software Products - Accounts Production 16.0.110 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 06341719 Mr Stephen Nye Mrs Karen Nye Mrs Karen Nye iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06341719 2023-08-31 06341719 2024-08-31 06341719 2023-09-01 2024-08-31 06341719 frs-core:CurrentFinancialInstruments 2024-08-31 06341719 frs-core:NetGoodwill 2024-08-31 06341719 frs-core:NetGoodwill 2023-09-01 2024-08-31 06341719 frs-core:NetGoodwill 2023-08-31 06341719 frs-core:MotorVehicles 2024-08-31 06341719 frs-core:MotorVehicles 2023-09-01 2024-08-31 06341719 frs-core:MotorVehicles 2023-08-31 06341719 frs-core:PlantMachinery 2024-08-31 06341719 frs-core:PlantMachinery 2023-09-01 2024-08-31 06341719 frs-core:PlantMachinery 2023-08-31 06341719 frs-core:ShareCapital 2024-08-31 06341719 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 06341719 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06341719 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 06341719 frs-bus:SmallEntities 2023-09-01 2024-08-31 06341719 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 06341719 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 06341719 frs-bus:Director1 2023-09-01 2024-08-31 06341719 frs-bus:Director2 2023-09-01 2024-08-31 06341719 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 06341719 frs-countries:EnglandWales 2023-09-01 2024-08-31 06341719 2022-08-31 06341719 2023-08-31 06341719 2022-09-01 2023-08-31 06341719 frs-core:CurrentFinancialInstruments 2023-08-31 06341719 frs-core:ShareCapital 2023-08-31 06341719 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 06341719
Nye Cleaning Services Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Steve Pye & Co.
Chartered Certified Accountants
Unit 10 Aylsham Business Park
Richard Oakes Road
Aylsham
Norfolk
NR11 6FD
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 06341719
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 16,900 6,100
Tangible Assets 5 25,775 20,746
42,675 26,846
CURRENT ASSETS
Debtors 6 4,142 1,533
Cash at bank and in hand 1,072 -
5,214 1,533
Creditors: Amounts Falling Due Within One Year 7 (30,387 ) (24,412 )
NET CURRENT ASSETS (LIABILITIES) (25,173 ) (22,879 )
TOTAL ASSETS LESS CURRENT LIABILITIES 17,502 3,967
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,898 ) (3,942 )
NET ASSETS 12,604 25
CAPITAL AND RESERVES
Called up share capital 8 2 2
Income Statement 12,602 23
SHAREHOLDERS' FUNDS 12,604 25
Page 1
Page 2
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mrs Karen Nye
Director
29 November 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Nye Cleaning Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06341719 . The registered office is Unit 10 Aylsham Business Park Richard Oakes Road, Aylsham, Norwich, Norfolk, NR11 6FD.  The presentation currency of the financial statements is the Pound Sterling (£).
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Significant judgements and estimations
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources.  The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant.  Actual results may differ from these estimates.  The estimates and underliyng assumptions are reviewed on an ongoing basis.  Revisions to accounting estimates are recognised in the period to which the estimate is revised if the revision affects only that period or in the period of revision and future periods if the revision affects both current and future periods.  The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are the depreciation charges that are calculated with reference to the useful economic life of fixed assets.
2.3. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery - 25% on reducing balance
Motor Vehicles - 25% on reducing balance
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 6)
6 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2023 6,100
Additions 10,800
As at 31 August 2024 16,900
Net Book Value
As at 31 August 2024 16,900
As at 1 September 2023 6,100
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 September 2023 18,430 38,643 57,073
Additions 661 12,960 13,621
As at 31 August 2024 19,091 51,603 70,694
Depreciation
As at 1 September 2023 14,234 22,093 36,327
Provided during the period 1,214 7,378 8,592
As at 31 August 2024 15,448 29,471 44,919
Net Book Value
As at 31 August 2024 3,643 22,132 25,775
As at 1 September 2023 4,196 16,550 20,746
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,670 780
Other debtors 1,472 753
4,142 1,533
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 502 590
Bank loans and overdrafts - 2,977
Other loans 6,000 6,000
Other creditors 1,726 1,822
Taxation and social security 22,159 13,023
30,387 24,412
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 35,000 30,000
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