Ovenclean (Farnham) Limited 06475578 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is Oven Cleaning Digita Accounts Production Advanced 6.30.9574.0 true 06475578 2024-04-01 2025-03-31 06475578 2025-03-31 06475578 core:RetainedEarningsAccumulatedLosses 2025-03-31 06475578 core:ShareCapital 2025-03-31 06475578 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 06475578 core:MotorVehicles 2025-03-31 06475578 core:PlantMachinery 2025-03-31 06475578 bus:SmallEntities 2024-04-01 2025-03-31 06475578 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 06475578 bus:FilletedAccounts 2024-04-01 2025-03-31 06475578 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06475578 bus:RegisteredOffice 2024-04-01 2025-03-31 06475578 bus:Director1 2024-04-01 2025-03-31 06475578 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06475578 core:MotorVehicles 2024-04-01 2025-03-31 06475578 core:PlantMachinery 2024-04-01 2025-03-31 06475578 countries:EnglandWales 2024-04-01 2025-03-31 06475578 2024-03-31 06475578 core:MotorVehicles 2024-03-31 06475578 core:PlantMachinery 2024-03-31 06475578 2023-04-01 2024-03-31 06475578 2024-03-31 06475578 core:RetainedEarningsAccumulatedLosses 2024-03-31 06475578 core:ShareCapital 2024-03-31 06475578 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 06475578 core:MotorVehicles 2024-03-31 06475578 core:PlantMachinery 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 06475578

Ovenclean (Farnham) Limited

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 31 March 2025

 

Ovenclean (Farnham) Limited

(Registration number: 06475578)
Statement of Financial Position as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

290

387

Current assets

 

Cash at bank and in hand

 

9,041

8,215

Creditors: Amounts falling due within one year

6

(5,589)

(6,305)

Net current assets

 

3,452

1,910

Net assets

 

3,742

2,297

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

3,642

2,197

Shareholders' funds

 

3,742

2,297

For the financial year ending 31 March 2025 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 accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 17 June 2025
 

.........................................
Mr P L Smallwood
Director

 

Ovenclean (Farnham) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: 24 Churchfields, Burpham, Guildford, Surrey, GU4 7NH.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

 

Ovenclean (Farnham) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor Vehicles

25% on the reducing balance

Plant and Machinery

25% on the reducing balance

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

 

Ovenclean (Farnham) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4

Tangible assets

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2024

399

16,118

16,517

At 31 March 2025

399

16,118

16,517

Depreciation

At 1 April 2024

394

15,736

16,130

Charge for the year

1

96

97

At 31 March 2025

395

15,832

16,227

Carrying amount

At 31 March 2025

4

286

290

At 31 March 2024

5

382

387

5

Debtors

2025
£

2024
£

-

-

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Taxation and social security

4,100

4,248

Accruals and deferred income

1,200

1,176

Other creditors

289

881

5,589

6,305