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Registered number: 10246064
CLEANEVENT SERVICES LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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CLEANEVENT SERVICES LIMITED
COMPANY INFORMATION
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Chartered Accountants & Statutory Auditor
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CLEANEVENT SERVICES LIMITED
CONTENTS
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Directors' Responsibilities Statement
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Independent Auditor's Report
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Statement of Comprehensive Income
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Statement of Changes in Equity
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Notes to the Financial Statements
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CLEANEVENT SERVICES LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The directors present the Strategic Report for the year ended 31 December 2025.
CleanEvent Services Limited specialises in providing high-quality cleaning and specialist support services to premium venues and major events across the sports, leisure, healthcare, retail, conference and exhibition sectors throughout Great Britain and Northern Ireland.
Our reputation has been built over many years through consistently delivering high standards of service in demanding operational environments. Many of our customers operate high-profile venues where safety, presentation and the visitor experience are paramount, and they rely on CleanEvent to deliver services to the highest professional standards.
Long-term customer relationships, an experienced management team and a committed workforce continue to underpin the success of the business. By combining operational excellence with a flexible, customer-focused approach, CleanEvent continues to build lasting partnerships with clients who value reliability, professionalism and consistent delivery.
Results and performance
2025 was a year of continued progress for CleanEvent. The business delivered further growth in revenue and profitability while continuing to invest in its people, operational capability and infrastructure.
Turnover increased by 20% to £34.3 million (2024 - £28.5 million), reflecting the successful mobilisation of new contracts, the expansion of existing customer relationships and continued demand for the Company's services. Profit before taxation increased to £546,867 (2024 - £479,553), while shareholders' funds increased to £1.78 million (2024 - £1.40 million), further strengthening the Company's financial position.
The Company remains committed to being an accredited Living Wage Foundation Employer and has continued to implement all increases in the Real Living Wage together with statutory employment cost increases. We believe that investing in our people is fundamental to delivering the high standards of service our customers expect and to attracting and retaining a skilled, motivated and professional workforce.
The Board is pleased with the progress made during the year. CleanEvent continues to compete by providing high-quality, reliable services that deliver excellent value to its customers, while maintaining a disciplined approach to investment and supporting the long-term sustainable growth of the business.
The Company's continued success reflects the quality of its customer relationships, the commitment of its people and a consistent focus on delivering reliable, high-quality services across all areas of the business.
Focus on Growth and Investment
During the year the Company continued to invest in equipment, technology and operational infrastructure to support future growth and improve service delivery.
Capital expenditure of more than £630,000 was invested in new plant, equipment and leasehold improvements, together with further investment in software and digital systems. These investments strengthen operational capability, improve efficiency and provide the capacity to support continued growth.
The business also experienced increased working capital requirements as turnover increased during the year. Borrowings increased principally through the Company's invoice finance facility, reflecting the higher level of trading activity and supporting continued investment in the business.
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CLEANEVENT SERVICES LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Continued investment in equipment, technology and operating processes enables CleanEvent to deliver consistently high standards of service across a diverse portfolio of premium venues and major events. Operational excellence remains central to the Company's strategy and is a key factor in maintaining long-term customer relationships.
The Board also approved the launch of CleanKitchen during 2025, extending the Company's expertise into specialist commercial kitchen cleaning services. This represents an important strategic investment in broadening our specialist service offering within markets closely aligned to our existing customer base. We look forward to supporting the continued development of the business as it establishes itself and contributes to the Company's long-term growth.
The Board will continue to evaluate opportunities to develop complementary specialist services that build on the Company's operational expertise, strengthen customer relationships and support sustainable long-term growth.
The continued success of CleanEvent depends on the professionalism, commitment and expertise of our people.
During 2025 the average number of employees increased to 1,175 (2024 - 1,028), reflecting the continued growth of the business. As the Company has grown, we have continued to invest in recruitment, training and professional development to ensure our people have the skills, support and opportunities to succeed.
Maintaining a safe and inclusive working environment remains a priority. We are committed to high standards of health, safety and wellbeing, recognising that our people often work in demanding operational environments and play a critical role in representing the Company to our customers.
The Board would like to thank all of our colleagues for their professionalism, commitment and hard work throughout the year. Their dedication, flexibility and customer focus continue to be fundamental to the Company's success and reputation.
Environmental Awareness and Sustainability
Sustainability remains an important part of our business strategy.
Having achieved carbon neutral status in 2022, we continued during 2025 to build on this commitment through investment in more efficient equipment, responsible procurement and environmentally sustainable operating practices. We work closely with customers and suppliers to identify practical initiatives that reduce environmental impact whilst maintaining the high standards of service expected by our clients.
Human Rights and Ethical Governance
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The Company remains committed to the highest standards of ethical business conduct.
Robust policies are maintained in relation to anti-bribery, whistleblowing, modern slavery, ethical sourcing and data protection. These policies are reviewed regularly and supported through employee training and clear management accountability.
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CLEANEVENT SERVICES LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Description of risks and uncertainties
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CleanEvent operates in competitive markets where maintaining consistently high standards of service and operational delivery is essential. The Board reviews the principal risks facing the business on a regular basis and seeks to ensure that appropriate mitigation measures are in place.
A significant proportion of the Company's activities are within the sports and leisure sector. While the long-term outlook for these markets remains positive, individual sectors and customers inevitably experience differing commercial and economic conditions. The Company's broad customer base across sports, leisure, healthcare, retail, conference and exhibition venues helps to reduce dependence on any single market.
Competition within the sector remains strong, with both established operators and new market entrants seeking to win market share. The Company remains disciplined in its commercial approach and seeks to secure long-term partnerships based on service quality, reliability and value, rather than price alone.
As a provider of operational services, the Company recognises that consistent execution is fundamental to its success. Maintaining high standards of recruitment, training, supervision and quality assurance helps ensure that customer expectations are met while protecting the Company's reputation and supporting sustainable profitability.
People remain our greatest asset. The ability to recruit, retain and develop skilled colleagues is essential to sustaining future growth. Our commitment to the Living Wage Foundation Real Living Wage, together with continued investment in training, employee wellbeing and career development, supports our ability to attract and retain a high-quality workforce.
Future developments
The Board remains focused on delivering sustainable, profitable growth by strengthening the Company's position within its core markets while selectively developing complementary specialist services that build on its operational expertise and long-standing customer relationships.
Demand for high-quality specialist cleaning and support services continues to provide opportunities for growth, particularly within premium venues and major events. The Board believes that the Company's reputation, experienced management team, committed workforce and disciplined approach to investment provide a strong platform for continued progress.
The Board remains committed to investing in its people, operational capability and customer relationships, ensuring that CleanEvent continues to deliver excellent service and long-term value for customers, employees and shareholders alike.
This report was approved by the board and signed on its behalf.
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CLEANEVENT SERVICES LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The directors present their report and the financial statements for the year ended 31 December 2025.
The principal activity of the Company continued to be that of cleaning and waste management services to venues and events.
The profit for the year, after taxation, amounted to £398,926 (2024 - £344,515).
Ordinary dividends were paid amounting to £17,043 (2024 - £17,809). The directors do not recommend payment of a final dividend.
The directors who served during the year were:
At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
The Company's policy is to consult and discuss with employees, through unions, staff councils and at meetings, matters likely to affect employees' interests.
Information about matters of concern to employees is given through information bulletins and reports which seek to achieve a common awareness on the part of all employees of the financial and economic factors affecting the Company's performance.
Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concerned. In the event of members of staff becoming disabled, every effort is made to ensure that their employment within the Company continues and that the appropriate training is arranged. It is the policy of the Company that the training, career and development and promotion of disabled persons should, as far as possible, be identical to that of other employees.
Disclosure of information to auditor
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Each of the persons who are directors at the time when this Directors' Report is approved has confirmed that:
∙so far as the director is aware, there is no relevant audit information of which the Company's auditor is unaware, and
∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditor is aware of that information.
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CLEANEVENT SERVICES LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
The auditor, S&W Audit (a trading name of S&W Partners Audit Limited), will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
Medium-sized companies exemption
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This report has been prepared in accordance with the provisions applicable to companies entitled to the medium-sized companies exemption.
This report was approved by the board and signed on its behalf.
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CLEANEVENT SERVICES LIMITED
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2025
The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent; and
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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CLEANEVENT SERVICES LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CLEANEVENT SERVICES LIMITED
We have audited the financial statements of CleanEvent Services Limited (the 'Company') for the year ended 31 December 2025 which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity, the Statement of Cash Flows and the notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
∙give a true and fair view of the state of the Company's affairs as at 31 December 2025 and of its profit for the year then ended;
∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
∙have been prepared in accordance with the requirements of the Companies Act 2006.
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
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In auditing the financial statements, we have concluded that the Directors’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Directors with respect to going concern are described in the relevant sections of this report.
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CLEANEVENT SERVICES LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CLEANEVENT SERVICES LIMITED (CONTINUED)
The other information comprises the information included in the Annual Report and Financial Statements, other than the financial statements and our auditor’s report thereon. The Directors are responsible for the other information contained within the Annual Report and Financial Statements. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
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In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic Report and the Directors’ Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic Report and the Directors’ Report have been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
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In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors’ Report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
∙the financial statements are not in agreement with the accounting records and returns; or
∙certain disclosures of Directors’ remuneration specified by law are not made; or
∙we have not received all the information and explanations we require for our audit.
Responsibilities of directors
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As explained more fully in the Directors’ Responsibilities Statement set out on page 6, the Directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the Directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.
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CLEANEVENT SERVICES LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CLEANEVENT SERVICES LIMITED (CONTINUED)
Auditor's responsibilities for the audit of the financial statements
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Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:
∙the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
∙we identified the laws and regulations applicable to the Company through discussions with directors and other management, and from our commercial knowledge and experience of the sector;
∙we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the Company, including the Companies Act 2006, taxation legislation and data protection, anti-bribery, employment, environmental and health and safety legislation;
∙we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and
∙identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the Company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
∙making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud;
∙considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations; and
∙understanding the design of the Company's remuneration policies.
To address the risk of fraud through management bias and override of controls, we:
∙performed analytical procedures to identify any unusual or unexpected relationships;
∙tested journal entries to identify unusual transactions;
∙assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and
∙investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:
∙agreeing financial statement disclosures to underlying supporting documentation;
∙reading the minutes of meetings of those charged with governance;
∙enquiring of management as to actual and potential litigation and claims; and
∙reviewing correspondence with HMRC, relevant regulators and the Company's legal advisors.
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CLEANEVENT SERVICES LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CLEANEVENT SERVICES LIMITED (CONTINUED)
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
Keir Singleton (Senior Statutory Auditor)
for and on behalf of
S&W Audit
Chartered Accountants
Statutory Auditor
22 Wycombe End
Beaconsfield
HP9 1NB
14 August 2026
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CLEANEVENT SERVICES LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2025
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Interest receivable and similar income
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Interest payable and similar expenses
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Profit for the financial year
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There was no other comprehensive income for 2025 (2024 - £Nil).
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The notes on pages 16 to 30 form part of these financial statements.
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CLEANEVENT SERVICES LIMITED
REGISTERED NUMBER: 10246064
BALANCE SHEET
AS AT 31 DECEMBER 2025
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Net current assets/(liabilities)
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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Provisions for liabilities
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Capital redemption reserve
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The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 16 to 30 form part of these financial statements.
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CLEANEVENT SERVICES LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2025
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Capital redemption reserve
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Comprehensive income for the year
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Contributions by and distributions to owners
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Comprehensive income for the year
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Contributions by and distributions to owners
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CLEANEVENT SERVICES LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2025
Cash flows from operating activities
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Profit for the financial year
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Amortisation of intangible assets
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Depreciation of tangible assets
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(Increase)/decrease in stocks
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Corporation tax (paid)/received
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Net cash generated from operating activities
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Cash flows from investing activities
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Purchase of intangible fixed assets
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Purchase of tangible fixed assets
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Proceeds from disposal of tangible fixed assets
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Loans made to other entities
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Net cash from investing activities
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CLEANEVENT SERVICES LIMITED
STATEMENT OF CASH FLOWS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
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Cash flows from financing activities
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Payment of finance leases obligations
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Interest element of finance lease
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Net cash from financing activities
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Net increase in cash and cash equivalents
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Cash and cash equivalents at beginning of year
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Cash and cash equivalents at the end of year
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Cash and cash equivalents at the end of year comprise:
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The notes on pages 16 to 30 form part of these financial statements.
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
CleanEvent Services Limited is a private company limited by shares incorporated in England and Wales (registered number:10246064). The registered office is 3-4 Twyford Place, Lincoln's Inn Village, Lincoln Road, High Wycombe, Buckinghamshire, HP12 3RE.
The Company's principal activities and nature of its operations are disclosed in the Directors' Report.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).
The financial statements are presented in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The following principal accounting policies have been applied:
At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
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Foreign currency translation
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Functional and presentation currency
The Company's functional and presentational currency is GBP.
Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Turnover is recognised at the fair value of the consideration received or receivable for the provision of cleaning services provided in the normal course of business, and is shown net of VAT and other sales related taxes. Turnover is recognised in full at the point that the cleaning services are completed. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Rendering of services
Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
∙the amount of turnover can be measured reliably;
∙it is probable that the Company will receive the consideration due under the contract;
∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and
∙the costs incurred and the costs to complete the contract can be measured reliably.
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.
Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
Interest income is recognised in profit or loss using the effective interest method.
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
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Current and deferred taxation
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The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
Other intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
Amortisation is provided on the following bases:
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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Impairment of fixed assets
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At each reporting period end date, the Company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss.
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.
At each reporting date, stocks are assessed for impairment. If stock is 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.
Debts are factored by Natwest Invoice Finance. Separate presentation has been adopted; trade debtors are shown within assets and a corresponding liability in respect of the proceeds of advanced drawdowns are shown within liabilities.
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
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Provisions for liabilities
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Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
Increases in provisions are generally charged as an expense to profit or loss.
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.
Basic financial assets
Short term debtors are measured at transaction price less any provision for impairment. Loans receivable are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the effective interest method, less any provision for impairment.
Basic financial liabilities
Short term creditors are measured at transaction price. Other financial liabilities, including bank loans and other loans, are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the effective interest method.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
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Judgments in applying accounting policies and key sources of estimation uncertainty
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The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that the actual outcomes could differ from those estimates.
Key judgements made by directors in the preparation of these financial statements (and related areas of estimation uncertainty) are accrued liabilities. The director reviews the estimates and underlying assumptions each period to ensure they remain appropriate.
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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An analysis of turnover by class of business is as follows:
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All turnover arose within the United Kingdom.
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The operating profit is stated after charging:
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Depreciation of owned tangible fixed assets
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Amortisation of intangible assets
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During the year, the Company obtained the following services from the Company's auditor:
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Fees payable to the Company's auditor for the audit of the Company's financial statements
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Statutory accounts preparation
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Staff costs, including directors' remuneration, were as follows:
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Cost of defined contribution scheme
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The average monthly number of employees, including the directors, during the year was as follows:
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Company contributions to defined contribution pension schemes
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The highest paid director received remuneration of £87,627 and a defined pension contribution of £8,781.
During the year retirement benefits were accruing to 2 directors (2024 - 2) in respect of defined contribution pension schemes.
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Interest payable and similar expenses
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Interest on bank overdrafts and loans
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Finance leases and hire purchase contracts
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Interest on invoice finance arrangements
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Current tax on profits for the year
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Adjustments in respect of previous periods
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Origination and reversal of timing differences
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
10.Taxation (continued)
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Factors affecting tax charge for the year
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The tax assessed for the year is higher than (2024 - higher than) the standard rate of corporation tax of25% (2024 -25%). The differences are explained below:
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Profit on ordinary activities before tax
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Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%)
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Tax effect of expenses that are not deductible in determining taxable profit
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Adjustments in respect of prior years
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Depreciation on assets not qualifying for tax allowances
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Amortisation on assets not qualifying for tax allowances
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Total tax charge for the year
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Factors that may affect future tax charges
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There were no factors that may affect future tax charges.
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Amortisation charged for the year
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Depreciation charged in the year
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Finished goods and goods for resale
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Debtors: amounts falling due within one year
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Prepayments and accrued income
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Creditors: amounts falling due within one year
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Other taxation and social security
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Obligations under finance leases
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Accruals and deferred income
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Bank loans are secured by way of a fixed and floating charge over the assets of the Company. This security contains a negative pledge which means that the Company will not create or agree to create any additional security interest over the charged assets.
Finance lease obligations of £31,401 (2024 - £3,669) are secured on the assets to which they relate.
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Creditors: amounts falling due after more than one year
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Obligations under finance leases
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Bank loans are secured by way of a fixed and floating charge over the assets of the Company. This security contains a negative pledge which means that the Company will not create or agree to create any additional security interest over the charged assets.
Finance lease obligations of £Nil (2024 - £31,695) are secured on the assets to which they relate.
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Finance lease obligations
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Minimum lease payments under hire purchase fall due as follows:
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Finance lease payments represent rentals payable by the Company for certain items of plant and machinery. Leases include purchase options at the end of the lease period, and no restrictions are placed on the use of the assets. The average lease term is 3 years. All leases are on a fixed repayment basis and no arrangements have been entered into for contingent rental payments.
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Charged to profit or loss
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The provision for deferred taxation is made up as follows:
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Accelerated capital allowances
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Tax losses carried forward
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Retirement benefit obligations
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Allotted, called up and fully paid
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9,173 (2024 - 9,173) Ordinary shares of £1.00 each
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3,074 (2024 - 3,074) Ordinary A shares of £1.00 each
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1,490 (2024 - 1,490) Ordinary B shares of £1.00 each
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827 (2024 - 827) Ordinary D shares of £1.00 each
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496 (2024 - 496) Ordinary E shares of £1.00 each
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The Ordinary shares have full rights to receive notice of, attend and vote at general meetings, and full rights to dividends and capital distribution. Only class A and B shares have full voting and equity rights. Class D and E shares are entitled to one vote and pari passu to dividend payments.
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Charge to profit or loss in respect of defined contribution schemes
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The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. Contributions totalling £86,847 (2024 - £71,926) were payable to the fund at the balance sheet date and are included in creditors.
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Capital redemption reserve
This reserve relates to shares that the Company has bought back.
Profit and loss account
This reserve relates to the cumulative retained earnings less amounts distributed to shareholders.
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CLEANEVENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Related party transactions
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During the year the Company loaned £46,463 (2024 - £349,347) to Cleanevent Properties Limited, a company controlled by one of the directors. The total loan of £418,193 (2024 - £371,730), which is repayable on demand, was outstanding at the year end. This has been included in other debtors. Rent of £66,305 (2024 - £56,920) was paid to CleanEvent Property Services Limited. At the year end £22,536 (2024 - £Nil) was owed to CleanEvent Property Services Limited. This amount is included in trade creditors.
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The ultimate controlling party is T Gronager by virtue of their majority shareholding in CleanEvent Services Limited.
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