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REGISTERED NUMBER: 07546245 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Contract Cleaning & Facilities Ltd

Contract Cleaning & Facilities Ltd (Registered number: 07546245)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


Contract Cleaning & Facilities Ltd (Registered number: 07546245)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 49,043 65,019
49,043 65,019

Current assets
Stocks 50,058 50,332
Debtors 6 354,086 518,455
Cash at bank and in hand 1,119 470
405,263 569,257
Creditors
Amounts falling due within one year 7 392,843 516,989
Net current assets 12,420 52,268
Total assets less current liabilities 61,463 117,287

Creditors
Amounts falling due after more than one
year

8

(10,434

)

(24,483

)

Provisions for liabilities (12,261 ) (16,255 )
Net assets 38,768 76,549

Capital and reserves
Called up share capital 9 100 100
Retained earnings 38,668 76,449
Shareholders' funds 38,768 76,549

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Contract Cleaning & Facilities Ltd (Registered number: 07546245)

Balance Sheet - continued
31 March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 April 2025 and were signed by:





J King - Director


Contract Cleaning & Facilities Ltd (Registered number: 07546245)

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

1. Statutory information

Contract Cleaning & Facilities Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07546245

Registered office: 85 Church Road
Hove
East Sussex
BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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.

Contract Cleaning & Facilities Ltd (Registered number: 07546245)

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

2. Accounting policies - continued

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

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Where the outcome of contracts can be reliably estimated, contract revenue and contract costs are recognised by reference to the stage of completion of the contract activity as at the period end.

Where the outcome of contracts cannot be estimated reliably, revenue is recognised to the extent of contract costs incurred that it is probable will be recoverable, and contract costs are recognised as an expense in the period in which they are incurred.

When it is probable that total contract costs will exceed total contract revenue, the expected loss is expensed immediately, with a corresponding provision for an onerous contract being recognised.

Where the collectability of an amount already recognised as contract revenue is no longer probable, the uncollectible amount is expensed rather than recognised as an adjustment to the amount of contract revenue.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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 calculated on a first-in, first-out basis.

Contract Cleaning & Facilities Ltd (Registered number: 07546245)

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

2. Accounting policies - continued

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, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 170 (2023 - 225 ) .

Contract Cleaning & Facilities Ltd (Registered number: 07546245)

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

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 April 2023
and 31 March 2024 16,000
Amortisation
At 1 April 2023
and 31 March 2024 16,000
Net book value
At 31 March 2024 -
At 31 March 2023 -

5. Tangible fixed assets
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 April 2023 15,257 6,422 97,078 9,862 128,619
Additions 3,382 172 - 1,079 4,633
Disposals - - (19,858 ) - (19,858 )
At 31 March 2024 18,639 6,594 77,220 10,941 113,394
Depreciation
At 1 April 2023 5,232 5,635 43,794 8,939 63,600
Charge for year 2,572 175 13,321 854 16,922
Eliminated on disposal - - (16,171 ) - (16,171 )
At 31 March 2024 7,804 5,810 40,944 9,793 64,351
Net book value
At 31 March 2024 10,835 784 36,276 1,148 49,043
At 31 March 2023 10,025 787 53,284 923 65,019

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 224,798 316,871
Amounts recoverable on contracts 125,605 197,484
Other debtors 3,683 4,100
354,086 518,455

Contract Cleaning & Facilities Ltd (Registered number: 07546245)

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

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Hire purchase contracts 14,049 13,743
Trade creditors 22,740 34,482
Taxation and social security 95,221 134,134
Other creditors 260,833 334,630
392,843 516,989

Creditors amounts falling due within one year includes liabilities of £157,089 (2023: £183,701) secured against the company book debts and £14,049 (2023: £13,743) secured against specific fixed assets.

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Hire purchase contracts 10,434 24,483

Creditors amounts falling due after more than one year includes liabilities of £10,434 (2023: £24,483) which are secured against specific fixed assets.

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. Operating lease commitments

At the year end, the company had operating lease commitments of £48,000 (2023: £64,000).

11. Related party disclosures

Within creditors is a balance of £19,305 (2023: £11,222) owed to the director.