1 September 2023 false No description of principal activity Taxfiler 2024.6.1 14307296business:PrivateLimitedCompanyLtd2023-09-012024-08-31 143072962023-08-31 143072962023-09-012024-08-31 14307296business:AuditExemptWithAccountantsReport2023-09-012024-08-31 14307296business:FilletedAccounts2023-09-012024-08-31 143072962024-08-31 14307296business:Director12023-09-012024-08-31 14307296business:RegisteredOffice2023-09-012024-08-31 143072962023-08-31 14307296core:WithinOneYear2024-08-31 14307296core:WithinOneYear2023-08-31 14307296core:AfterOneYear2024-08-31 14307296core:AfterOneYear2023-08-31 14307296core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 14307296core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 14307296core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 14307296core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 14307296core:PreviouslyStatedAmount2024-08-31 14307296core:PreviouslyStatedAmount2023-08-31 14307296business:SmallEntities2023-09-012024-08-31 14307296countries:EnglandWales2023-09-012024-08-31 14307296core:PlantMachinery2023-09-012024-08-31 14307296core:ComputerEquipment2023-09-012024-08-31 14307296core:PlantMachinery2023-08-31 14307296core:ComputerEquipment2023-08-31 14307296core:PlantMachinery2024-08-31 14307296core:ComputerEquipment2024-08-31 143072962022-08-192023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 14307296 (England and Wales)
Four Corners Cleaners Ltd Unaudited accounts for the year ended 31 August 2024
Four Corners Cleaners Ltd Unaudited accounts Contents
Page
- 2 -
Four Corners Cleaners Ltd Company Information for the year ended 31 August 2024
Director
Steven John Stotesbury
Company Number
14307296 (England and Wales)
Registered Office
Unit 4b Carisbrooke Business Park 21 Whitcombe Road Newport Isle of Wight PO30 1YS UK
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
- 3 -
Four Corners Cleaners Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
75,110 
30,961 
Current assets
Inventories
1,000 
1,000 
Debtors
7,316 
16,476 
Cash at bank and in hand
12,646 
25,570 
20,962 
43,046 
Creditors: amounts falling due within one year
(50,943)
(48,994)
Net current liabilities
(29,981)
(5,948)
Total assets less current liabilities
45,129 
25,013 
Creditors: amounts falling due after more than one year
(20,466)
- 
Net assets
24,663 
25,013 
Capital and reserves
Called up share capital
50 
50 
Profit and loss account
24,613 
24,963 
Shareholders' funds
24,663 
25,013 
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 director acknowledges his 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 and authorised for issue on 21 January 2025 and were signed on its behalf by
Steven John Stotesbury Director Company Registration No. 14307296
- 4 -
Four Corners Cleaners Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Four Corners Cleaners Ltd is a private company, limited by shares, registered in England and Wales, registration number 14307296. The registered office is Unit 4b Carisbrooke Business Park, 21 Whitcombe Road, Newport, Isle of Wight, PO30 1YS, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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% Straight Line
Computer equipment
33% Straight Line
Leased assets
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 5 -
Four Corners Cleaners Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
38,007 
500 
38,507 
Additions
69,625 
- 
69,625 
At 31 August 2024
107,632 
500 
108,132 
Depreciation
At 1 September 2023
7,393 
153 
7,546 
Charge for the year
15,188 
167 
15,355 
Surplus on revaluation
(3,759)
- 
(3,759)
On disposals
13,880 
- 
13,880 
At 31 August 2024
32,702 
320 
33,022 
Net book value
At 31 August 2024
74,930 
180 
75,110 
At 31 August 2023
30,614 
347 
30,961 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,944 
- 
Trade debtors
4,372 
15,976 
Other debtors
- 
500 
7,316 
16,476 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
4,628 
Obligations under finance leases and hire purchase contracts
5,104 
- 
Trade creditors
- 
2,329 
Taxes and social security
512 
2,145 
Loans from directors
44,343 
38,992 
Accruals
984 
900 
50,943 
48,994 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
20,466 
- 
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).
- 6 -