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REGISTERED NUMBER: 02459073 (England and Wales)



















Financial Statements

for the Year Ended 31 March 2024

for

City Hygiene Services Limited

City Hygiene Services Limited (Registered number: 02459073)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


City Hygiene Services Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: A Barge
S A Barge
N P Hunt





REGISTERED OFFICE: Elizabeth House
Wigman Road
Bilborough
Nottingham
NG8 3HY





REGISTERED NUMBER: 02459073 (England and Wales)





AUDITORS: Bates Weston Audit Ltd
Statutory Auditors
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

City Hygiene Services Limited (Registered number: 02459073)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 400,244 349,581

CURRENT ASSETS
Stocks 10,846 11,582
Debtors 5 290,889 260,213
Cash at bank 554,095 544,553
855,830 816,348
CREDITORS
Amounts falling due within one year 6 794,341 750,408
NET CURRENT ASSETS 61,489 65,940
TOTAL ASSETS LESS CURRENT
LIABILITIES

461,733

415,521

PROVISIONS FOR LIABILITIES 7 16,835 16,345
NET ASSETS 444,898 399,176

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 442,898 397,176
SHAREHOLDERS' FUNDS 444,898 399,176

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by:





A Barge - Director


City Hygiene Services Limited (Registered number: 02459073)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

City Hygiene Services 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 represents net invoiced sales of goods and services, excluding value added tax. Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the company will receive the agreed upon payment. Turnover relating to the provision of services is accounted for in the year in which the services are provided.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment loss. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and equipment - 20% reducing balance
Motor vehicles - 25% on cost

The assets residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised within 'administrative expenses' in the profit and loss account.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is based upon purchase invoice price on a first in first out basis.

Net realisable value is based on the estimated selling price less further costs expected to be incurred to completion and disposal.

At each reporting date, stock is assessed for impairment. If impaired, the carrying amount is reduced and the impairment loss is recognised immediately in the profit and loss account.

Deferred tax
Deferred tax arises from timing differences between taxable total profits and total comprehensive income as stated in the financial statements. These timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.

A deferred tax asset is recognised only when it is more likely than not that there will be suitable taxable profits from which the future reversal of underlying timing differences and losses can be deducted.

Provision is made at current rates for taxation deferred in respect of all material timing differences.

City Hygiene Services Limited (Registered number: 02459073)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Related parties
The company is a wholly owned subsidiary undertaking of NIC Group Limited. The company has taken advantage of the exemption contained within Section 1A "Small Entities" of Financial Reporting Standard 102 and has therefore not disclosed transactions with entities which form part of the group, other than as normally disclosed in the notes to the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
equipment vehicles Totals
£    £    £   
COST
At 1 April 2023 23,793 464,177 487,970
Additions - 309,545 309,545
Disposals - (233,234 ) (233,234 )
At 31 March 2024 23,793 540,488 564,281
DEPRECIATION
At 1 April 2023 21,799 116,590 138,389
Charge for year 366 127,856 128,222
Eliminated on disposal - (102,574 ) (102,574 )
At 31 March 2024 22,165 141,872 164,037
NET BOOK VALUE
At 31 March 2024 1,628 398,616 400,244
At 31 March 2023 1,994 347,587 349,581

Plant and equipment used by the company for leasing activities comprised a cost of £23,793 (2023: £23,793) and accumulated depreciation of £22,165 (2023: £21,799). Depreciation for the year on these assets was £366 (2023: £445).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 164,434 143,758
Amounts owed by group undertakings 116,455 116,455
Directors' current accounts 10,000 -
290,889 260,213

City Hygiene Services Limited (Registered number: 02459073)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 75,836 74,149
Amounts owed to group undertakings 150,065 137,031
Tax 15,000 -
Social security and other taxes 40,778 41,795
Accruals and deferred income 512,662 497,433
794,341 750,408

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 16,835 16,345

Deferred
tax
£   
Balance at 1 April 2023 16,345
Provided during year 490
Balance at 31 March 2024 16,835

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ian Neal FCA CTA (Senior Statutory Auditor)
for and on behalf of Bates Weston Audit Ltd

9. OTHER FINANCIAL COMMITMENTS

The company has a contingent liability in respect of a composite guarantee given to National Westminster Bank Plc to secure borrowings within the NIC Group Limited group of companies. At the balance sheet date, the net amount of the group liability was £Nil (2023: £Nil).

10. ULTIMATE PARENT COMPANY

The company's ultimate parent undertaking is NIC Group Limited, Elizabeth House, Wigman Road, Bilborough, Nottingham, NG8 3HY. Copies of the consolidated financial statements of NIC Group Limited are available from the Registrar of Companies, Companies House, Crown Way, Cardiff, CF14 3UZ.