1 June 2023 v2025.12.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP085255832023-06-012024-05-31085255832024-05-31085255832023-05-3108525583core:WithinOneYear2024-05-3108525583core:WithinOneYear2023-05-3108525583core:AfterOneYear2024-05-3108525583core:AfterOneYear2023-05-3108525583core:ShareCapital2024-05-3108525583core:ShareCapital2023-05-3108525583core:RetainedEarningsAccumulatedLosses2024-05-3108525583core:RetainedEarningsAccumulatedLosses2023-05-3108525583bus:Director12023-06-012024-05-3108525583bus:RegisteredOffice2023-06-012024-05-3108525583core:MotorVehicles2023-06-012024-05-3108525583core:FurnitureFittingsToolsEquipment2023-06-012024-05-31085255832022-06-012023-05-3108525583core:PlantMachinery2024-05-3108525583core:PlantMachinery2023-06-0108525583core:PlantMachinery2023-06-012024-05-3108525583core:PlantMachinery2023-05-310852558312023-06-012024-05-3108525583countries:EnglandWales2023-06-012024-05-3108525583bus:AuditExemptWithAccountantsReport2023-06-012024-05-3108525583bus:PrivateLimitedCompanyLtd2023-06-012024-05-3108525583bus:SmallEntities2023-06-012024-05-3108525583bus:FullAccounts2023-06-012024-05-31
Company registration number:
08525583
Direct Janitorial Solutions Limited
Unaudited Filleted Financial Statements for the year ended
31 May 2024
Direct Janitorial Solutions Limited
Statement of Financial Position
31 May 2024
20242023
Note££
Fixed assets    
Tangible assets 5
76,076
 
100,128
 
Current assets    
Stocks
23,000
 
20,000
 
Debtors 6
227,307
 
262,624
 
Cash at bank and in hand
123,039
 
138,569
 
373,346
 
421,193
 
Creditors: amounts falling due within one year 7
(262,005
)
(306,355
)
Net current assets
111,341
 
114,838
 
Total assets less current liabilities 187,417   214,966  
Creditors: amounts falling due after more than one year 8
(23,342
)
(48,540
)
Provisions for liabilities
(7,781
)
(11,137
)
Net assets
156,294
 
155,289
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
156,194
 
155,189
 
Shareholders funds
156,294
 
155,289
 
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.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
26 February 2025
, and are signed on behalf of the board by:
S Laird
Director
Company registration number:
08525583
Direct Janitorial Solutions Limited
Notes to the Financial Statements
Year ended
31 May 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Unit 4b
,
St. Francis Way
,
Shefford
,
Bedfordshire
,
SG17 5DZ
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Motor vehicles
20% straight line
Fixtures, fittings and equipment
15% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured. Debt instruments are subsequently measured at amortised cost.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4 Average number of employees

The average number of persons employed by the company during the year was
4
(2023:
4.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 June 2023
and
31 May 2024
151,307
 
Depreciation  
At
1 June 2023
51,179
 
Charge
24,052
 
At
31 May 2024
75,231
 
Carrying amount  
At
31 May 2024
76,076
 
At 31 May 2023
100,128
 

6 Debtors

20242023
££
Trade debtors
190,307
 
225,624
 
Other debtors
37,000
 
37,000
 
227,307
 
262,624
 

7 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
10,168
 
9,956
 
Trade creditors
169,040
 
222,410
 
Taxation and social security
37,011
 
36,358
 
Other creditors
45,786
 
37,631
 
262,005
 
306,355
 

8 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
10,589
 
20,792
 
Other creditors
12,753
 
27,748
 
23,342
 
48,540