Registered number
12618154
Lewis Daniels Cleaning Services Ltd
Filleted Accounts
31 May 2024
Lewis Daniels Cleaning Services Ltd
Registered number: 12618154
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 181,187 127,932
Current assets
Debtors 4 73,780 79,872
Cash at bank and in hand 9,352 165,913
83,132 245,785
Creditors: amounts falling due within one year 5 (71,366) (186,256)
Net current assets 11,766 59,529
Total assets less current liabilities 192,953 187,461
Creditors: amounts falling due after more than one year 6 (141,976) (78,973)
Net assets 50,977 108,488
Capital and reserves
Called up share capital 10 10
Profit and loss account 50,967 108,478
Shareholders' funds 50,977 108,488
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.
Lucy Uden
Director
Approved by the board on 7 January 2025
Lewis Daniels Cleaning Services Ltd
Notes to the Accounts
for the year ended 31 May 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:
Motor Vehicles over 4 years
Plant and machinery 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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 12 34
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 June 2023 60,130 137,445 197,575
Additions - 121,504 121,504
Disposals - (66,612) (66,612)
At 31 May 2024 60,130 192,337 252,467
Depreciation
At 1 June 2023 29,135 40,508 69,643
Charge for the year 15,031 22,687 37,718
On disposals - (36,081) (36,081)
At 31 May 2024 44,166 27,114 71,280
Net book value
At 31 May 2024 15,964 165,223 181,187
At 31 May 2023 30,995 96,937 127,932
4 Debtors 2024 2023
£ £
Trade debtors 71,080 77,172
Other debtors 2,700 2,700
73,780 79,872
5 Creditors: amounts falling due within one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 42,507 32,976
Trade creditors 21,724 57,360
Taxation and social security costs 6,875 94,714
Other creditors 260 1,206
71,366 186,256
6 Creditors: amounts falling due after one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 141,976 78,973
7 Other information
Lewis Daniels Cleaning Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
37 Meadowlands
West Clandon
Guildford
Surrey
GU4 7TA
Lewis Daniels Cleaning Services Ltd 12618154 false 2023-06-01 2024-05-31 2024-05-31 VT Final Accounts July 2024 Lucy Uden No description of principal activity 12618154 2022-06-01 2023-05-31 12618154 core:WithinOneYear 2023-05-31 12618154 core:AfterOneYear 2023-05-31 12618154 core:ShareCapital 2023-05-31 12618154 core:RetainedEarningsAccumulatedLosses 2023-05-31 12618154 2023-06-01 2024-05-31 12618154 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12618154 bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12618154 bus:Director40 2023-06-01 2024-05-31 12618154 1 2023-06-01 2024-05-31 12618154 2 2023-06-01 2024-05-31 12618154 core:PlantMachinery 2023-06-01 2024-05-31 12618154 core:Vehicles 2023-06-01 2024-05-31 12618154 countries:England 2023-06-01 2024-05-31 12618154 bus:FRS102 2023-06-01 2024-05-31 12618154 bus:FilletedAccounts 2023-06-01 2024-05-31 12618154 2024-05-31 12618154 core:WithinOneYear 2024-05-31 12618154 core:AfterOneYear 2024-05-31 12618154 core:ShareCapital 2024-05-31 12618154 core:RetainedEarningsAccumulatedLosses 2024-05-31 12618154 core:PlantMachinery 2024-05-31 12618154 core:Vehicles 2024-05-31 12618154 2023-05-31 12618154 core:PlantMachinery 2023-05-31 12618154 core:Vehicles 2023-05-31 iso4217:GBP xbrli:pure