REGISTERED NUMBER: 13917154 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

VICTORY CLEANING SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

O A Winter

Mrs H G Winter

REGISTERED OFFICE:

Victory Cleaning 2059 Kent Space

Wotton Road

ASHFORD

Kent

TN23 6LN

REGISTERED NUMBER:

13917154 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

FIXED ASSETS

Intangible assets

4

111,300

127,200

Tangible assets

5

47,535

69,210

158,835

196,410

CURRENT ASSETS

Stocks

11,500

8,500

Debtors

6

46,183

69,551

Cash at bank

25,117

9,389

82,800

87,440

CREDITORS

Amounts falling due within one year

7

163,818

219,841

NET CURRENT LIABILITIES

(81,018

)

(132,401

)

TOTAL ASSETS LESS CURRENT LIABILITIES

77,817

64,009

CREDITORS

Amounts falling due after more than one year

8

(53,243

)

(55,531

)

PROVISIONS FOR LIABILITIES

(6,237

)

(8,137

)

NET ASSETS

18,337

341

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

18,237

241

SHAREHOLDERS' FUNDS

18,337

341

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 December 2025 and were signed on its behalf by:

O A Winter - Director

1.	STATUTORY INFORMATION

Victory Cleaning Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, 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

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on cost

Stocks

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The financial statements have been prepared on a going concern basis. Despite the net current liabilities of £81,018 (2024 £132,401) this basis is considered to be appropriate as the directors will not draw from their current accounts until the company can afford for them to do so.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 95 (2024 - 82 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

159,000

AMORTISATION

At 1 April 2024

31,800

Charge for year

15,900

At 31 March 2025

47,700

NET BOOK VALUE

At 31 March 2025

111,300

At 31 March 2024

127,200

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

5,496

77,766

-

83,262

Additions

928

-

2,567

3,495

Disposals

-

(14,158

)

-

(14,158

)

At 31 March 2025

6,424

63,608

2,567

72,599

DEPRECIATION

At 1 April 2024

1,924

12,128

-

14,052

Charge for year

1,125

10,526

513

12,164

Eliminated on disposal

-

(1,152

)

-

(1,152

)

At 31 March 2025

3,049

21,502

513

25,064

NET BOOK VALUE

At 31 March 2025

3,375

42,106

2,054

47,535

At 31 March 2024

3,572

65,638

-

69,210

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

42,632

34,631

Prepayments and accrued income

3,551

34,920

46,183

69,551

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

33,319

7,800

Hire purchase contracts (see note 9)

8,110

14,598

Trade creditors

12,260

1,156

Tax

15,738

25,852

Social security and other taxes

4,301

3,445

VAT

68,740

48,785

Other creditors

3,041

15,769

Directors' current accounts

18,309

102,436

163,818

219,841

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

21,448

7,367

Hire purchase contracts (see note 9)

31,795

48,164

53,243

55,531

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

8,110

14,598

Between one and five years

31,795

48,164

39,905

62,762

Non-cancellable

operating leases

2025

2024

£

£

Within one year

9,217

-

Between one and five years

11,876

-

21,093

-

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100