Company Registration No. 05669384 (England and Wales)
Poplar Cleaning Services Limited
Unaudited accounts
for the year ended 31 December 2022
Poplar Cleaning Services Limited
Unaudited accounts
Contents
Poplar Cleaning Services Limited
Company Information
for the year ended 31 December 2022
Directors
Amanda Featherstone
Kerry Sharp
Company Number
05669384 (England and Wales)
Registered Office
2 THE GREEN, LITTLE ADDINGTON
KETTERING
NORTHAMPTONSHIRE
NN14 4BB
Accountants
Kate Brown
The Annexe, Rectory Farm
Cranford Road
Great Addington, Kettering
Northants
NN14 4BQ
Poplar Cleaning Services Limited
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
90,808
117,888
Creditors: amounts falling due within one year
(86,300)
(84,874)
Net current assets
75,199
102,190
Total assets less current liabilities
75,199
102,308
Creditors: amounts falling due after more than one year
(42,500)
(50,000)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
32,599
52,164
Shareholders' funds
32,699
52,264
For the year ending 31 December 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 11 September 2023 and were signed on its behalf by
Amanda Featherstone
Director
Company Registration No. 05669384
Poplar Cleaning Services Limited
Notes to the Accounts
for the year ended 31 December 2022
Poplar Cleaning Services Limited is a private company, limited by shares, registered in England and Wales, registration number 05669384. The registered office is 2 THE GREEN, LITTLE ADDINGTON, KETTERING, NORTHAMPTONSHIRE, NN14 4BB.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Poplar Cleaning Services Limited
Notes to the Accounts
for the year ended 31 December 2022
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2022
3,484
830
4,314
At 31 December 2022
3,484
830
4,314
At 1 January 2022
3,366
830
4,196
Charge for the year
118
-
118
At 31 December 2022
3,484
830
4,314
At 31 December 2021
118
-
118
Amounts falling due within one year
Trade debtors
70,441
68,926
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
3,923
6,024
Taxes and social security
23,517
28,815
Loans from directors
843
205
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 113 (2021: 110).