Registration number: 03334400

Euroclean Contractors Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Euroclean Contractors Ltd

Company Information

Chairman

Mr Angus Henry

Chief executive

Mr Angus Henry

Director

Mr Clive Pyzer

Registered office

24 The Hill Northfleet Kent DA11 9EU

Accountants

Alexander Broad Lowe Chartered Certified Accountants 3 Masons Field Mannings Heath Horsham Sussex RH13 6JP

Euroclean Contractors Ltd

(Registration number: 03334400)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	2,454	3,468
Current assets
Stocks	5	529	529
Debtors	6	663,312	591,253
Cash at bank and in hand		41,437	5,141
		705,278	596,923
Creditors: Amounts falling due within one year	7	(619,887)	(524,716)
Net current assets		85,391	72,207
Total assets less current liabilities		87,845	75,675
Provisions for liabilities		(465)	(658)
Net assets		87,380	75,017
Capital and reserves
Called up share capital	8	100	100
Retained earnings		87,280	74,917
Shareholders' funds		87,380	75,017

For the financial year ending 31 December 2024 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

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 Profit and Loss Account.

Euroclean Contractors Ltd

(Registration number: 03334400)
Balance Sheet as at 31 December 2024

Approved and authorised by the director on 21 August 2025
 

......................................... Mr Angus Henry Chairman and chief executive

Euroclean Contractors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

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 The Hill
Northfleet
Kent
DA11 9EU
England

These financial statements were authorised for issue by the director on 21 August 2025.

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.

Going concern

The financial statements have been prepared on a going concern basis.

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 sales/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.

Government grants

Grants are accounted for under the accruals model as permitted by FRS102. Grants of a revenue nature are recognised in the Profit and Loss Account and retained earnings in the same period as the related expenditure.

Euroclean Contractors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tax

The tax expense for the period comprises current and deferred 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.

Tangible assets

Tangible assets are stated in the balance sheet 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
Land and buildings	50% Reducing balance
Furniture, fittings and equipment	20% Reducing balance
Motor vehicles	25% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Euroclean Contractors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 17 (2023 - 16).

Euroclean Contractors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2024	5,908	10,266	13,706	29,880
At 31 December 2024	5,908	10,266	13,706	29,880
Depreciation
At 1 January 2024	5,908	9,958	10,546	26,412
Charge for the year	-	141	873	1,014
At 31 December 2024	5,908	10,099	11,419	27,426
Carrying amount
At 31 December 2024	-	167	2,287	2,454
At 31 December 2023	-	308	3,160	3,468

5

Stocks

	2024 £	2023 £
Other inventories	529	529

Euroclean Contractors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Debtors

Current	Note	2024 £	2023 £
Trade debtors		81,941	54,786
Amounts owed by related parties		561,370	488,236
Prepayments		185	7,577
Other debtors		19,816	40,654
		663,312	591,253

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Trade creditors		11,127	5,629
Amounts owed to group undertakings and undertakings in which the company has a participating interest		556,994	480,081
Taxation and social security		7,962	6,071
Accruals and deferred income		8,357	4,765
Other creditors		35,447	28,170
		619,887	524,716

8	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

Euroclean Contractors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

9	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2024 £	2023 £
Not later than one year	14,745	1,208
Later than one year and not later than five years	30,903	-
	45,648	1,208

The amount of non-cancellable operating lease payments recognised as an expense during the year was £13,633 (2023 - £12,439).

10	Parent and ultimate parent undertaking

The company's immediate parent is Monitor Services Ltd, incorporated in England and Wales.

 The ultimate parent is Heyzer Ltd, incorporated in England and Wales.