North Kent Cleaning Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07088405 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

NORTH KENT CLEANING SERVICES LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

333,959

324,618

333,959

324,618

CURRENT ASSETS

Stocks

8,935

Debtors: amounts falling due within one year

6

643,696

759,800

Prepayments and accrued income

7,739

6,436

Cash at bank

1,902,023

1,622,499

2,562,393

2,397,670

CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

7

(591,437

)

(587,657

)

NET CURRENT ASSETS

1,970,956

1,810,013

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,304,915

2,134,631

PROVISIONS FOR LIABILITIES

(30,865

)

(23,993

)

NET ASSETS

2,274,050

2,110,638

CAPITAL AND RESERVES

Called up share capital

101

Retained earnings

2,273,949

2,110,537

2,274,050

2,110,638

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

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

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

N P Keily - Director

1.	STATUTORY INFORMATION

North Kent Cleaning Services Limited 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:

07088405

Registered office:

The Stables

Goblands Farm Business Centre

Cemetery Lane

Hadlow

Kent

TN11 0LT

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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is derived from the provision of cleaning services which are recognised on a performance basis.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete

and slow moving items.

Financial instruments

The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 262 (2023 - 239 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

60,000

AMORTISATION

At 1 January 2024

and 31 December 2024

60,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Long

Improvements

Plant and

leasehold

to property

machinery

£

COST

At 1 January 2024

215,714

23,045

21,780

Additions

-

4,825

Disposals

-

At 31 December 2024

215,714

23,045

26,605

DEPRECIATION

At 1 January 2024

12,942

4,146

15,461

Charge for year

1,438

461

1,580

Eliminated on disposal

-

At 31 December 2024

14,380

4,607

17,041

NET BOOK VALUE

At 31 December 2024

201,334

18,438

9,564

At 31 December 2023

202,772

18,899

6,319

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2024

3,169

199,772

12,250

475,730

Additions

-

56,466

857

62,148

Disposals

-

(39,820

)

-

(39,820

)

At 31 December 2024

3,169

216,418

13,107

498,058

DEPRECIATION

At 1 January 2024

2,935

106,246

9,382

151,112

Charge for year

59

33,886

932

38,356

Eliminated on disposal

-

(25,369

)

-

(25,369

)

At 31 December 2024

2,994

114,763

10,314

164,099

NET BOOK VALUE

At 31 December 2024

175

101,655

2,793

333,959

At 31 December 2023

234

93,526

2,868

324,618

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Trade debtors

566,799

758,095

Other debtors

76,897

1,705

643,696

759,800

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Hire purchase contracts

-

4,503

Trade creditors

42,958

47,445

Taxation and social security

375,195

383,959

Other creditors

173,284

151,750

591,437

587,657