INTOCLEANING LIMITED


Director	PAYNE, Simon John


Registered Address	Unit 1h Longhope Business Park
	Monmouth Road
	Longhope
	GL17 0QG


Registered Number	04956208 (England and Wales)

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Goodwill is stated at cost less depreciation. Depreciation is provided over 10 years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Land and buildings	5
	Plant and machinery	5
	Fixtures and fittings	5
	Vehicles	5
	Office Equipment	5

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	55		65

3.	Deferred tax
	Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.

4.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 December 24	60,000	60,000
At 30 November 25	60,000	60,000
Amortisation and impairment
At 01 December 24	60,000	60,000
At 30 November 25	60,000	60,000
Net book value
At 30 November 25	-	-
At 30 November 24	-	-

5.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 December 24	11,087	59,429	5,000	29,316	104,832
Additions	776	13,795	-	1,311	15,882
Disposals	-	(4,750)	-	-	(4,750)
At 30 November 25	11,863	68,474	5,000	30,627	115,964
Depreciation and impairment
At 01 December 24	9,072	15,106	1,709	27,508	53,395
Charge for year	1,006	11,012	500	1,679	14,197
On disposals	-	(4,368)	-	-	(4,368)
At 30 November 25	10,078	21,750	2,209	29,187	63,224
Net book value
At 30 November 25	1,785	46,724	2,791	1,440	52,740
At 30 November 24	2,015	44,323	3,291	1,808	51,437

6.	Stocks

	2025	2024
	£	£
Finished goods	22,500	-
Total	22,500	-

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	25,820	5,808
Bank borrowings and overdrafts	5,000	5,000
Taxation and social security	42,792	43,116
Other creditors	39,776	19,571
Accrued liabilities and deferred income	35,916	23,952
Total	149,304	97,447


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	21,290	27,132
Other creditors	31,928	23,044
Total	53,218	50,176

9.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	31,928		23,044


	The company entered into a finance lease for a vehicle. The outstanding balance due within one year is £19,031 (2024 £5,755). The balance due within 1-3 years is £12,897 (2024 £17,289). On settlement of the final payment, ownership of the vehicle passes to the company.

10.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	10,357	1,805
Total	10,357	1,805

11.	Related party transactions
	During the year the company ceased providing management services to Simple Hygiene Solutions Ltd, due to all business activities transferring into IntoCleaning at 31st January 2025 - leaving Simple Hygiene Solutions Ltd with no trade activity at the year-end. Simon Payne is a director and 90% shareholder of Simple Hygiene Solutions. Other monetary transactions happened between the businesses. The balance outstanding from Simple Hygiene Solutions Ltd, included in other debtors at the year end is £20,195 (2024 £42,593). No interest has been charged on this loan and is repayable on demand. IntoMaintenance is a sole trade business run by Simon Payne. During the year under review, the company paid invoices on behalf of the sole trade business to the value of £55 (2024 £1,194). No further loans were received from the sole trade business. The balance owed to IntoMaintenance at year end was £14,284 (2024 £14,340). No interest has been charged on this loan and is repayable on demand.

11.

Related party transactions

During the year the company ceased providing management services to Simple Hygiene Solutions Ltd, due to all business activities transferring into IntoCleaning at 31st January 2025 - leaving Simple Hygiene Solutions Ltd with no trade activity at the year-end.  Simon Payne is a director and 90% shareholder of Simple Hygiene Solutions.  Other monetary transactions happened between the businesses. The balance outstanding from Simple Hygiene Solutions Ltd, included in other debtors at the year end is £20,195 (2024 £42,593).  No interest has been charged on this loan and is repayable on demand.

IntoMaintenance is a sole trade business run by Simon Payne.  During the year under review, the company paid invoices on behalf of the sole trade business to the value of £55 (2024 £1,194).  No further loans were received from the sole trade business.  The balance owed to IntoMaintenance at year end was £14,284 (2024 £14,340).  No interest has been charged on this loan and is repayable on demand.

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	5		52,740		51,437
			52,740		51,437
Current assets
Stocks	6	22,500		-
Debtors		164,398		202,884
Cash at bank and on hand		87,821		69,962
		274,719		272,846
Creditors amounts falling due within one year	7	(149,304)		(97,447)
Net current assets (liabilities)			125,415		175,399
Total assets less current liabilities			178,155		226,836
Creditors amounts falling due after one year	8		(53,218)		(50,176)
Provisions for liabilities	10		(10,357)		(1,805)
Net assets			114,580		174,855
Capital and reserves
Called up share capital			10		10
Profit and loss account			114,570		174,845
Shareholders' funds			114,580		174,855