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REGISTERED NUMBER: 11815273 (England and Wales)















Financial Statements for the Year Ended 28 February 2024

for

Clean Slate Demolition Limited

Clean Slate Demolition Limited (Registered number: 11815273)

Contents of the Financial Statements
for the year ended 28 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Clean Slate Demolition Limited

Company Information
for the year ended 28 February 2024







DIRECTOR: N R Harvey





SECRETARY:





REGISTERED OFFICE: Unit 7d Lysander Close
Pysons Road Industrial Estate
Broadstairs
Kent
CT10 2YJ





REGISTERED NUMBER: 11815273 (England and Wales)





ACCOUNTANTS: MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG

Clean Slate Demolition Limited (Registered number: 11815273)

Balance Sheet
28 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 462,515 577,046

CURRENT ASSETS
Stocks - 50,000
Debtors 5 394,261 445,514
Prepayments and accrued income 19,515 25,159
Cash at bank 94,694 60,294
508,470 580,967
CREDITORS
Amounts falling due within one year 6 409,140 387,246
NET CURRENT ASSETS 99,330 193,721
TOTAL ASSETS LESS CURRENT
LIABILITIES

561,845

770,767

CREDITORS
Amounts falling due after more than one
year

7

144,667

242,593
NET ASSETS 417,178 528,174

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 417,078 528,074
SHAREHOLDERS' FUNDS 417,178 528,174

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Clean Slate Demolition Limited (Registered number: 11815273)

Balance Sheet - continued
28 February 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 November 2024 and were signed by:





N R Harvey - Director


Clean Slate Demolition Limited (Registered number: 11815273)

Notes to the Financial Statements
for the year ended 28 February 2024


1. STATUTORY INFORMATION

Clean Slate Demolition 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.

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.

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 each asset over its estimated useful life.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 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 12 (2023 - NIL ) .

Clean Slate Demolition Limited (Registered number: 11815273)

Notes to the Financial Statements - continued
for the year ended 28 February 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 741,534
Additions 16,270
At 28 February 2024 757,804
DEPRECIATION
At 1 March 2023 164,488
Charge for year 130,801
At 28 February 2024 295,289
NET BOOK VALUE
At 28 February 2024 462,515
At 28 February 2023 577,046

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 357,380 350,842
Other debtors 4,025 4,025
Other taxes and social security - 55,129
VAT 32,856 35,518
394,261 445,514

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 109,484 105,276
Trade creditors 272,307 249,324
Tax 19,852 -
Social security and other taxes 7,131 -
Directors' current accounts 366 32,646
409,140 387,246

Clean Slate Demolition Limited (Registered number: 11815273)

Notes to the Financial Statements - continued
for the year ended 28 February 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 12,900 23,282
Hire purchase contracts 126,695 214,239
Net wages 72 72
Accruals and deferred income 5,000 5,000
144,667 242,593

Clean Slate Demolition Limited

Report of the Accountants to the Director of
Clean Slate Demolition Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG


15 November 2024