Company Registration No. 05192644 (England and Wales)
HIGHER PURPOSE CLEANING SERVICES LIMITED
Unaudited accounts
for the year ended 31 July 2020
HIGHER PURPOSE CLEANING SERVICES LIMITED
Unaudited accounts
Contents
HIGHER PURPOSE CLEANING SERVICES LIMITED
Company Information
for the year ended 31 July 2020
Company Number
05192644 (England and Wales)
Registered Office
5 SHAFTON LANE, HOLBECK
LEEDS
WEST YORKSHIRE
LS11 9LY
Accountants
Woolley & Co Accountants and Tax Advisors
Crown House, York Road
Shiptonthorpe
York
East Yorkshire
YO43 3PF
HIGHER PURPOSE CLEANING SERVICES LIMITED
Statement of financial position
as at
31 July 2020
Intangible assets
4,650
12,400
Tangible assets
11,639
15,619
Cash at bank and in hand
49,201
3,260
Creditors: amounts falling due within one year
(80,249)
(50,009)
Net current assets
28,890
29,480
Total assets less current liabilities
45,179
57,499
Creditors: amounts falling due after more than one year
(52,607)
(7,797)
Provisions for liabilities
Deferred tax
(2,212)
(2,968)
Net (liabilities)/assets
(9,640)
46,734
Called up share capital
100
100
Share premium
43,500
43,500
Profit and loss account
(53,240)
3,134
Shareholders' funds
(9,640)
46,734
For the year ending 31 July 2020 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.
The financial statements were approved by the Board and authorised for issue on 26 April 2021 and were signed on its behalf by
Mr T York
Director
Company Registration No. 05192644
HIGHER PURPOSE CLEANING SERVICES LIMITED
Notes to the Accounts
for the year ended 31 July 2020
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 2020
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 2019
13,127
52,726
65,853
At 31 July 2020
13,127
52,726
65,853
At 1 August 2019
9,661
40,573
50,234
Charge for the year
942
3,038
3,980
At 31 July 2020
10,603
43,611
54,214
At 31 July 2020
2,524
9,115
11,639
At 31 July 2019
3,466
12,153
15,619
Trade debtors
20,761
35,038
Accrued income and prepayments
7,125
5,622
Other debtors
29,202
32,069
Total debtors less than one year
57,088
72,729
Total debtors
57,088
72,729
HIGHER PURPOSE CLEANING SERVICES LIMITED
Notes to the Accounts
for the year ended 31 July 2020
7
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
6,208
6,208
Obligations under finance leases and hire purchase contracts
-
4,553
Trade creditors
7,799
7,923
Taxes and social security
35,015
24,508
Other creditors
11,633
3,217
Loans from directors
15,944
-
8
Creditors: amounts falling due after more than one year
2020
2019
9
Average number of employees
During the year the average number of employees was 17 (2019: 17).