1 April 2024 v2025.45.2 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP065356532024-04-012025-03-31065356532025-03-31065356532024-03-3106535653core:WithinOneYear2024-03-3106535653core:ShareCapital2025-03-3106535653core:ShareCapital2024-03-3106535653core:RetainedEarningsAccumulatedLosses2024-03-3106535653bus:Director12024-04-012025-03-3106535653bus:RegisteredOffice2024-04-012025-03-3106535653core:NetGoodwill2024-04-012025-03-3106535653core:PlantMachinery2024-04-012025-03-31065356532023-04-012024-03-3106535653core:NetGoodwill2024-04-0106535653core:PlantMachinery2024-04-0106535653core:PlantMachinery2024-03-310653565312024-04-012025-03-3106535653countries:EnglandWales2024-04-012025-03-3106535653bus:AuditExemptWithAccountantsReport2024-04-012025-03-3106535653bus:PrivateLimitedCompanyLtd2024-04-012025-03-3106535653bus:SmallEntities2024-04-012025-03-3106535653bus:FullAccounts2024-04-012025-03-31
Company registration number:
06535653
Quality Cleaners (Midlands) Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2025
Quality Cleaners (Midlands) Limited
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Quality Cleaners (Midlands) Limited
Year ended
31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
Quality Cleaners (Midlands) Limited
for the year ended
31 March 2025
which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Quality Cleaners (Midlands) Limited
, as a body, in accordance with the terms of my engagement letter dated 13 October 2021. My work has been undertaken solely to prepare for your approval the
financial statements
of
Quality Cleaners (Midlands) Limited
and state those matters that I have agreed to state to the Board of Directors of
Quality Cleaners (Midlands) Limited
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
Quality Cleaners (Midlands) Limited
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
Quality Cleaners (Midlands) Limited
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and loss of
Quality Cleaners (Midlands) Limited
. You consider that
Quality Cleaners (Midlands) Limited
is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Quality Cleaners (Midlands) Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Gordon & Co
Chartered Accountants and Business Advisors
37A Anchor Road
Aldridge
Walsall
West Midlands
WS9 8PT
United Kingdom
Date:
11 July 2025
Quality Cleaners (Midlands) Limited
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Tangible assets 6 -  
19,993
 
Current assets    
Debtors 7
100
 
45,191
 
Cash at bank and in hand -  
7,485
 
100
 
52,676
 
Creditors: amounts falling due within one year 8 -  
(45,471
)
Net current assets
100
 
7,205
 
Total assets less current liabilities 100   27,198  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account -  
27,098
 
Shareholders funds
100
 
27,198
 
For the 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 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
11 July 2025
, and are signed on behalf of the board by:
Christopher Whitehouse
Director
Company registration number:
06535653
Quality Cleaners (Midlands) Limited
Notes to the Financial Statements
Year ended
31 March 2025

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 6 Industrial Estate
,
Cousins Street
,
Wolverhampton
,
West Midlands
,
WV2 3DG
, 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.

Going concern

The company has ceased to trade. Therefore the director does not consider the company to be a going concern and has prepared the financial statements on a break up basis. There has been no impairment of the company’s assets and liabilities as a result of preparing the financial statements on a break up basis.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

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

Goodwill

Purchased goodwill arises on business acquisitions and represents the difference between the cost of acquisition and the fair values of the identifiable assets and liabilities acquired.
Goodwill is initially recorded at cost, and is subsequently stated at cost less any accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over the useful economic life of the asset. Where a reliable estimate of the useful life of goodwill cannot be made, the life is presumed not to exceed five years.

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.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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:
Plant and machinery
25% 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. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4 Average number of employees

The average number of persons employed by the company during the year was nil (2024:
2
).

5 Intangible assets

Goodwill
£
Cost  
At
1 April 2024
20,000
 
Disposals
(20,000
)
At
31 March 2025
-  
Amortisation  
At
1 April 2024
20,000
 
Disposals
(20,000
)
At
31 March 2025
-  
Carrying amount  
At
31 March 2025
-  
At 31 March 2024 -  

6 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2024
96,601
 
Disposals
(96,601
)
At
31 March 2025
-  
Depreciation  
At
1 April 2024
76,608
 
Disposals
(76,608
)
At
31 March 2025
-  
Carrying amount  
At
31 March 2025
-  
At 31 March 2024
19,993
 

7 Debtors

20252024
££
Amounts owed by group undertakings and undertakings in which the company has a participating interest -  
44,091
 
Other debtors
100
 
1,100
 
100
 
45,191
 

8 Creditors: amounts falling due within one year

20252024
££
Amounts owed to group undertakings and undertakings in which the company has a participating interest -  
7,550
 
Other creditors -  
37,921
 
-  
45,471