Absolute Cleaning Contractors Ltd

Contents
	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—7

Registered number: 5373724

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	7		4,762		2,687

			4,762		2,687
CURRENT ASSETS
Stocks	8	275		350
Debtors	9	179,558		144,076
Cash at bank and in hand		-		28,396

		179,833		172,822
Creditors: Amounts Falling Due Within One Year	10	(130,616 )		(130,096 )

NET CURRENT ASSETS (LIABILITIES)			49,217		42,726

TOTAL ASSETS LESS CURRENT LIABILITIES			53,979		45,413

PROVISIONS FOR LIABILITIES
Deferred Taxation	11		(151 )		(348 )

NET ASSETS			53,828		45,065

CAPITAL AND RESERVES
Called up share capital	12		100		100
Profit and loss account			53,728		44,965

SHAREHOLDERS' FUNDS			53,828		45,065

Page 1

Balance Sheet (continued)

As at 31 March 2017

For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account

On behalf of the board

Mr R Hindry

20/12/2017

	Share Capital	Profit & Loss Account	Total
	£	£	£
As at 1 April 2015	100	2,215	2,315
Profit for the year and total comprehensive income	-	100,350	100,350

Dividends paid	-	(57,600)	(57,600)

As at 31 March 2016 and 1 April 2016	100	44,965	45,065


Profit for the year and total comprehensive income	-	75,963	75,963

Dividends paid	-	(67,200)	(67,200)

As at 31 March 2017	100	53,728	53,828

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% reducing balance basis
Motor Vehicles	25% reducing balance basis
Fixtures & Fittings	25% reducing balance basis

1.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

1.5. Deferred Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

1.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

4. Average number of employees

Average number of employees, including directors, during the year was as follows:

	2017	2016
Office and administration	2	-
Sales, marketing and distribution	5	-

	7	-

Page 4

Absolute Cleaning Contractors Ltd

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

7. Tangible Assets


	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2016	6,318	1,800	2,607	10,725
Additions	-	3,470	-	3,470

As at 31 March 2017	6,318	5,270	2,607	14,195

Depreciation
As at 1 April 2016	4,872	787	2,379	8,038
Provided during the period	217	1,121	57	1,395

As at 31 March 2017	5,089	1,908	2,436	9,433

Net Book Value
As at 31 March 2017	1,229	3,362	171	4,762

As at 1 April 2016	1,446	1,013	228	2,687

8. Stocks

	2017	2016
	£	£
Stock - materials and work in progress	275	350

	275	350

9. Debtors

	2017	2016
	£	£
Due within one year
Trade debtors	50,263	43,211
Other debtors	80,753	34,854
Director's loan account	48,542	66,011

	179,558	144,076

Page 5

Absolute Cleaning Contractors Ltd

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

10. Creditors: Amounts Falling Due Within One Year

	2017	2016
	£	£
Bank loans and overdrafts	13,186	-
Corporation tax	55,714	35,300
Other taxes and social security	39,331	14,474
VAT	21,240	79,177
Accruals and deferred income	1,145	1,145

	130,616	130,096

11. Deferred Taxation

	2017	2016
	£	£
As at 1 April 2016	348	109
Deferred taxation	(197 )	239


Deferred tax	151	348

The provision for deferred taxation is made up of accelerated capital allowances

12. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	100	100	100

13. Transactions With and Loans to Directors

Included within Debtors are the following loans to directors:

	As at 1 April 2016	Amounts advanced	Amounts repaid	As at 31 March 2017
	£	£	£	£
Mr R Hindry	66,011	48,542	66,011	48,542

14. Dividends

	2017	2016
	£	£
On equity shares:
Interim dividend paid	67,200	57,600

	67,200	57,600

15. Ultimate Controlling Party

The company's ultimate controlling parties are Mr R and Mrs J Hindry by virtue of their shareholdings in the company.

Page 6

Absolute Cleaning Contractors Ltd

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

16. General Information

Absolute Cleaning Contractors Ltd Registered number 5373724 is a limited by shares company incorporated in England & Wales. The Registered Office is 16 Smithills Dean Road, Bolton, Lancs, BL1 6JN.