Company registration number 15223205 (England and Wales)
Scales Cleaning Service Ltd
Unaudited Financial Statements
For the period ended 31 October 2024
PAGES FOR FILING WITH REGISTRAR
Scales Cleaning Service Ltd
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 3
Scales Cleaning Service Ltd
Balance Sheet
As at 31 October 2024
- 1 -
2024
Notes
£
£
Current assets
Cash at bank and in hand
17
Creditors: amounts falling due within one year
3
(2,714)
Net current liabilities
(2,697)
Capital and reserves
Called up share capital
1
Profit and loss reserves
(2,698)
Total equity
(2,697)
For the financial period ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 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.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 16 July 2025
Mr J Scales
Director
Company registration number 15223205 (England and Wales)
Scales Cleaning Service Ltd
Notes to the Financial Statements
For the Period ended 31 October 2024
- 2 -
1
Accounting policies
Company information
Scales Cleaning Service Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 17 Park Street Lane, Park Street, St Albans, Herts, AL2 2NB.
1.1
Reporting period
These financial statements have been prepared for the period from incorporation (19 October 2023) to the end of the first reporting period, 31 October 2024. This period is slightly longer than a year due to this reason.
1.2
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.3
Turnover
Revenue comprises sales of services provided to customers net of value added tax.
1.4
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.5
Financial instruments
The company has elected to apply the provisions of Section 11 and Section 12 of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present fair value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, which include trade and other payables and bank loans, are initially measured at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present fair value of the future receipts discounted at a market rate of interest.
1.6
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
Scales Cleaning Service Ltd
Notes to the Financial Statements (Continued)
For the Period ended 31 October 2024
- 3 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2024
Number
Total
1
3
Creditors: amounts falling due within one year
2024
£
Other creditors
2,714
4
Related party transactions
The following amounts were outstanding at the reporting end date:
2024
Amounts due to related parties
£
Mr J Scales
674