Company Registration No. 05192644 (England and Wales)
HIGHER PURPOSE CLEANING SERVICES LIMITED
Unaudited accounts
for the year ended 31 July 2019
HIGHER PURPOSE CLEANING SERVICES LIMITED
Unaudited accounts
Contents
HIGHER PURPOSE CLEANING SERVICES LIMITED
Company Information
for the year ended 31 July 2019
Company Number
05192644 (England and Wales)
Registered Office
5 SHAFTON LANE, HOLBECK
LEEDS
WEST YORKSHIRE
LS11 9LY
Accountants
Peter Brown & Co
Acomb Grange
Grange Lane
York
North Yorkshire
YO23 3QZ
HIGHER PURPOSE CLEANING SERVICES LIMITED
Statement of financial position
as at
31 July 2019
Intangible assets
12,400
20,150
Tangible assets
15,619
20,537
Cash at bank and in hand
3,260
12,131
Creditors: amounts falling due within one year
(50,009)
(66,298)
Net current assets
29,480
13,971
Total assets less current liabilities
57,499
54,658
Creditors: amounts falling due after more than one year
(7,797)
(16,573)
Provisions for liabilities
Deferred tax
(2,968)
(3,902)
Called up share capital
100
100
Share premium
43,500
43,500
Profit and loss account
3,134
(9,417)
Shareholders' funds
46,734
34,183
For the year ending 31 July 2019 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 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 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.
Approved by the Board on 28 February 2020.
Mr T York
Director
Company Registration No. 05192644
HIGHER PURPOSE CLEANING SERVICES LIMITED
Notes to the Accounts
for the year ended 31 July 2019
HIGHER PURPOSE CLEANING SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05192644. The registered office is 5 SHAFTON LANE, HOLBECK, LEEDS, WEST YORKSHIRE, LS11 9LY.
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.
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% on a reducing balance
Motor vehicles
25% on a reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is amortised straight line over 10 years.
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.
HIGHER PURPOSE CLEANING SERVICES LIMITED
Notes to the Accounts
for the year ended 31 July 2019
4
Intangible fixed assets
Goodwill
Charge for the year
7,750
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2018
13,127
52,726
65,853
At 31 July 2019
13,127
52,726
65,853
At 1 August 2018
8,794
36,522
45,316
Charge for the year
867
4,051
4,918
At 31 July 2019
9,661
40,573
50,234
At 31 July 2019
3,466
12,153
15,619
At 31 July 2018
4,333
16,204
20,537
Raw materials
3,500
3,711
Trade debtors
35,038
48,866
Accrued income and prepayments
5,622
-
Other debtors
32,069
15,561
HIGHER PURPOSE CLEANING SERVICES LIMITED
Notes to the Accounts
for the year ended 31 July 2019
8
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
6,208
6,208
Obligations under finance leases and hire purchase contracts
4,553
6,475
Trade creditors
7,923
22,112
Taxes and social security
24,508
22,690
Other creditors
3,217
1,610
Loans from directors
-
996
9
Creditors: amounts falling due after more than one year
2019
2018
Obligations under finance leases and hire purchase contracts
-
4,125
10
Average number of employees
During the year the average number of employees was 27 (2018: 15).