Company Registration No. SC567190 (Scotland)
Prestige Fleet Cleaning Ltd
Unaudited accounts
for the year ended 31 May 2024
Prestige Fleet Cleaning Ltd
Unaudited accounts
Contents
Prestige Fleet Cleaning Ltd
Company Information
for the year ended 31 May 2024
Directors
Chris Carroll
Natalie McFaite
Company Number
SC567190 (Scotland)
Registered Office
94 HOPE STREET
SUITE 2.11
GLASGOW
G2 6PH
UNITED KINGDOM
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
Prestige Fleet Cleaning Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
68,136
98,122
Cash at bank and in hand
19,897
653
Creditors: amounts falling due within one year
(100,653)
(84,538)
Net current liabilities
(32,217)
(75,207)
Total assets less current liabilities
35,919
22,915
Creditors: amounts falling due after more than one year
(10,635)
(19,989)
Called up share capital
100
100
Profit and loss account
25,184
2,826
Shareholders' funds
25,284
2,926
For the year ending 31 May 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by
Chris Carroll
Director
Company Registration No. SC567190
Prestige Fleet Cleaning Ltd
Notes to the Accounts
for the year ended 31 May 2024
Prestige Fleet Cleaning Ltd is a private company, limited by shares, registered in Scotland, registration number SC567190. The registered office is 94 HOPE STREET, SUITE 2.11, GLASGOW, G2 6PH, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Prestige Fleet Cleaning Ltd
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
20,974
165,900
186,874
Disposals
-
(12,899)
(12,899)
At 31 May 2024
22,299
153,001
175,300
At 1 June 2023
12,317
76,435
88,752
Charge for the year
2,495
19,142
21,637
On disposals
-
(3,225)
(3,225)
At 31 May 2024
14,812
92,352
107,164
At 31 May 2024
7,487
60,649
68,136
At 31 May 2023
8,657
89,465
98,122
Amounts falling due within one year
Other debtors
48,539
8,678
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,175
10,175
Taxes and social security
90,478
74,363
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 4 (2023: 6).