REGISTERED NUMBER: 08313238 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

Ispeclean Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Wallis

REGISTERED OFFICE:

Unit 10 Twizel Close Ro24 Business

Stonebridge

Milton Keynes

Buckinghamshire

MK13 0DX

REGISTERED NUMBER:

08313238 (England and Wales)

ACCOUNTANTS:

Connolly Accountants & Business Advisors Ltd

Chartered Certified Accountants

The Stable Yard

25-33 Vicarage Road

Stony Stratford

Milton Keynes

Buckinghamshire

MK11 1BN

FIXED ASSETS

Tangible assets

4

23,026

29,513

CURRENT ASSETS

Stocks

10,500

7,000

Debtors

5

60,257

72,307

Cash at bank and in hand

23,505

19,223

94,262

98,530

CREDITORS

Amounts falling due within one year

6

34,803

49,351

NET CURRENT ASSETS

59,459

49,179

TOTAL ASSETS LESS CURRENT LIABILITIES

82,485

78,692

CREDITORS

Amounts falling due after more than one year

7

5,797

15,779

NET ASSETS

76,688

62,913

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

76,588

62,813

SHAREHOLDERS' FUNDS

76,688

62,913

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 June 2026 and were signed by:

R Wallis - Director

1.	STATUTORY INFORMATION

Ispeclean Limited 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant & machinery

-

25% on reducing balance

Motor vehicles

-

3 years and 25% on reducing balance

Computer equipment

-

3 years

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

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provision of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic Financial Assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised costs using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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

Basic financial liabilities

Basic financial liabilities, including creditors and loans from related companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised costs, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 20 (2024 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 December 2024

29,467

43,002

3,080

75,549

Additions

7,251

-

1,165

8,416

Disposals

(9,283

)

-

-

(9,283

)

At 30 November 2025

27,435

43,002

4,245

74,682

DEPRECIATION

At 1 December 2024

25,065

18,701

2,270

46,036

Charge for year

2,259

11,695

519

14,473

Eliminated on disposal

(8,853

)

-

-

(8,853

)

At 30 November 2025

18,471

30,396

2,789

51,656

NET BOOK VALUE

At 30 November 2025

8,964

12,606

1,456

23,026

At 30 November 2024

4,402

24,301

810

29,513

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:

Motor

vehicles

£

COST

At 1 December 2024

38,495

Transfer to ownership

(24,745

)

At 30 November 2025

13,750

DEPRECIATION

At 1 December 2024

16,571

Charge for year

2,935

Transfer to ownership

(14,561

)

At 30 November 2025

4,945

NET BOOK VALUE

At 30 November 2025

8,805

At 30 November 2024

21,924

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

42,683

59,097

Other debtors

17,574

13,210

60,257

72,307

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 8)

6,667

10,000

Hire purchase contracts and finance leases (see note 9)

3,315

16,072

Trade creditors

15,928

13,346

Taxation and social security

5,203

5,157

Other creditors

3,690

4,776

34,803

49,351

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

-

6,667

Hire purchase contracts and finance leases (see note 9)

5,797

9,112

5,797

15,779

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

6,667

10,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

6,667

The loan is guaranteed by the UK government.

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

Finance leases

2025

2024

2025

2024

£

£

£

£

Gross obligations repayable:

Within one year

3,315

2,986

-

13,696

Between one and five years

5,797

9,112

-

-

9,112

12,098

-

13,696

Finance charges repayable:

Within one year

-

-

-

610

Net obligations repayable:

Within one year

3,315

2,986

-

13,086

Between one and five years

5,797

9,112

-

-

9,112

12,098

-

13,086

Non-cancellable

operating leases

2025

2024

£

£

Within one year

22,500

30,000

Between one and five years

-

22,500

22,500

52,500