Company Registration No. 02349362 (England and Wales)
Britannia Cleaning Limited
Unaudited accounts
for the year ended 31 March 2022
Britannia Cleaning Limited
Unaudited accounts
Contents
Britannia Cleaning Limited
Company Information
for the year ended 31 March 2022
Directors
Anthony David Burke
Christine Burke
Anthony McMullan
Secretary
Christine Burke
Company Number
02349362 (England and Wales)
Registered Office
185 Thorndon Avenue
West Horndon
Brentwood
Essex
CM13 3TP
United Kingdom
Accountants
Pearl Accounting Limited
Suite 1
116 Ballards Lane
Finchley
London
N3 2DN
Britannia Cleaning Limited
Statement of financial position
as at
31 March 2022
Tangible assets
435,824
462,002
Inventories
21,984
57,028
Cash at bank and in hand
5,016
43,371
Creditors: amounts falling due within one year
(483,072)
(401,693)
Net current assets
186,328
207,328
Total assets less current liabilities
622,152
669,330
Creditors: amounts falling due after more than one year
(303,891)
(369,192)
Net assets
318,261
300,138
Called up share capital
2
2
Profit and loss account
318,259
300,136
Shareholders' funds
318,261
300,138
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 December 2022 and were signed on its behalf by
Anthony David Burke
Director
Company Registration No. 02349362
Britannia Cleaning Limited
Notes to the Accounts
for the year ended 31 March 2022
Britannia Cleaning Limited is a private company, limited by shares, registered in England and Wales, registration number 02349362. The registered office is 185 Thorndon Avenue, West Horndon, Brentwood, Essex, CM13 3TP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% written down value
Motor vehicles
25% written down value
Fixtures & fittings
20% written down value
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Britannia Cleaning Limited
Notes to the Accounts
for the year ended 31 March 2022
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2021
183,000
462,946
234,463
178,054
1,058,463
Additions
-
34,216
-
-
34,216
At 31 March 2022
183,000
497,162
234,463
178,054
1,092,679
At 1 April 2021
-
341,136
189,744
65,581
596,461
Charge for the year
-
26,719
11,180
22,495
60,394
At 31 March 2022
-
367,855
200,924
88,076
656,855
At 31 March 2022
183,000
129,307
33,539
89,978
435,824
At 31 March 2021
183,000
121,810
44,719
112,473
462,002
Amounts falling due within one year
Trade debtors
795,488
476,555
Amounts due from group undertakings etc.
(173,691)
(121,028)
Accrued income and prepayments
19,603
98,095
Other debtors
1,000
55,000
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
15,600
15,600
Obligations under finance leases and hire purchase contracts
14,850
14,850
Trade creditors
137,285
78,107
Taxes and social security
282,198
269,507
Other creditors
10,142
6,984
Britannia Cleaning Limited
Notes to the Accounts
for the year ended 31 March 2022
7
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
294,453
344,904
Obligations under finance leases and hire purchase contracts
9,438
24,288
8
Share capital
2022
2021
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 10 (2021: 10).