TALK CLEANING LTD Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05282755

TALK CLEANING LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

27 November 2024

TALK CLEANING LTD

FINANCIAL STATEMENTS

PERIOD ENDED 27 NOVEMBER 2024

CONTENTS	PAGES

Statement of financial position	1 to 2

Notes to the financial statements	3 to 6

TALK CLEANING LTD

STATEMENT OF FINANCIAL POSITION

27 November 2024

	2024		2023
Note	£	£	£	£

FIXED ASSETS

Intangible assets	6	1	1
Tangible assets	7	173,553	192,224
		---------	---------
		173,554	192,225

CURRENT ASSETS

Stocks		10,000	10,000
Debtors	8	311,303	535,528
Cash at bank and in hand		168,489	170,677
		---------	---------
		489,792	716,205

CREDITORS: amounts falling due within one year	9	( 534,950)		( 642,606)
		---------		---------
NET CURRENT (LIABILITIES)/ASSETS			( 45,158)		73,599
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			128,396		265,824

CREDITORS: amounts falling due after more than one year	10		( 9,677)		–

PROVISIONS

Taxation including deferred tax	–	( 9,159)
	---------	---------
NET ASSETS	118,719	256,665
	---------	---------

CAPITAL AND RESERVES

Called up share capital	4	4
Profit and loss account	118,715	256,661
	---------	---------
SHAREHOLDERS FUNDS	118,719	256,665
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

TALK CLEANING LTD

STATEMENT OF FINANCIAL POSITION (continued)

27 November 2024

For the period ending 27 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 27 November 2025 , and are signed on behalf of the board by:

N Danby

Director

Company registration number: 05282755

TALK CLEANING LTD

NOTES TO THE FINANCIAL STATEMENTS

PERIOD ENDED 27 NOVEMBER 2024

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9-13 Commercial Street, Rothwell, Leeds, LS26 0AX, United Kingdom.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax.

Income tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation to date.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Construction contracts

Where the outcome of construction contracts can be reliably estimated, contract revenue and contract costs are recognised by reference to the stage of completion of the contract activity as at the period end. Where the outcome of construction contracts cannot be estimated reliably, revenue is recognised to the extent of contract costs incurred that it is probable will be recoverable, and contract costs are recognised as an expense in the period in which they are incurred. The entity uses the percentage of completion method to determine the amounts to be recognised in the period. The stage of completion is measured by reference to the contract costs incurred up to the end of the reporting period as a percentage of total estimated costs for each contract. Costs incurred for work performed to date do not include costs relating to future activity, such as for materials or prepayments.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the period amounted to 108 (2023: 3 ).

5. TAX ON LOSS

Major components of tax income

		Period from
	Year to	30 Nov 22 to
	27 Nov 24	28 Nov 23
	£	£

Current tax:

UK current tax income	–	( 14,652)
Adjustments in respect of prior periods	( 60)	–
	----	--------
Total current tax	( 60)	( 14,652)
	----	--------

Deferred tax:

Origination and reversal of timing differences	( 18,447)	–
	--------	--------
Tax on loss	( 18,507)	( 14,652)
	--------	--------

Reconciliation of tax income

The tax assessed on the loss on ordinary activities for the period is higher than (2023: lower than) the standard rate of corporation tax in the UK of 25 % (2023: 19 %).

		Period from
	Year to	30 Nov 22 to
	27 Nov 24	28 Nov 23
	£	£
Loss on ordinary activities before taxation	( 110,453)	( 56,955)
	---------	--------
Loss on ordinary activities by rate of tax	( 29,812)	( 10,821)
Adjustment to tax charge in respect of prior periods	( 60)	–
Effect of capital allowances and depreciation	4,668	( 3,831)
Unused tax losses	25,144	–
Deferred taxation movement	( 18,447)	–
	---------	--------
Tax on loss	( 18,507)	( 14,652)
	---------	--------

6. INTANGIBLE ASSETS

	Goodwill
	£
Cost
At 29 November 2023 and 27 November 2024	85,022
	--------
Amortisation
At 29 November 2023 and 27 November 2024	85,021
	--------
Carrying amount
At 27 November 2024	1
	--------
At 28 November 2023	1
	--------

7. TANGIBLE ASSETS

	Land and buildings	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost
At 29 November 2023	121,866	27,830	192,660	342,356
Additions	–	–	20,885	20,885
Disposals	–	–	( 130,470)	( 130,470)
	---------	--------	---------	---------
At 27 November 2024	121,866	27,830	83,075	232,771
	---------	--------	---------	---------
Depreciation
At 29 November 2023	–	25,969	124,163	150,132
Charge for the period	–	465	12,911	13,376
Disposals	–	–	( 104,290)	( 104,290)
	---------	--------	---------	---------
At 27 November 2024	–	26,434	32,784	59,218
	---------	--------	---------	---------
Carrying amount
At 27 November 2024	121,866	1,396	50,291	173,553
	---------	--------	---------	---------
At 28 November 2023	121,866	1,861	68,497	192,224
	---------	--------	---------	---------

8. DEBTORS

	2024	2023
	£	£
Other debtors	311,303	535,528
	---------	---------

9. CREDITORS: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	89,570	84,701
Social security and other taxes	54,321	32,064
Other creditors	167,951	221,752
Other creditors	213,191	301,479
Other creditors	9,917	2,610
	---------	---------
	534,950	642,606
	---------	---------

10. CREDITORS: amounts falling due after more than one year

	2024	2023
	£	£
Other creditors	9,677	–
	-------	----