Company Registration No. 05192644 (England and Wales)
HIGHER PURPOSE CLEANING SERVICES LIMITED
Unaudited accounts
for the year ended 31 July 2022
HIGHER PURPOSE CLEANING SERVICES LIMITED
Unaudited accounts
Contents
HIGHER PURPOSE CLEANING SERVICES LIMITED
Company Information
for the year ended 31 July 2022
Company Number
05192644 (England and Wales)
Registered Office
5 SHAFTON LANE, HOLBECK
LEEDS
WEST YORKSHIRE
LS11 9LY
Accountants
Woolley & Co - Accountants and Chartered 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 2022
Tangible assets
6,548
8,730
Cash at bank and in hand
8,992
21,910
Creditors: amounts falling due within one year
(40,788)
(61,583)
Net current assets
33,183
25,148
Total assets less current liabilities
39,731
33,878
Creditors: amounts falling due after more than one year
(38,146)
(36,868)
Provisions for liabilities
Net assets/(liabilities)
1,171
(4,649)
Called up share capital
100
100
Share premium
43,500
43,500
Profit and loss account
(42,429)
(48,249)
Shareholders' funds
1,171
(4,649)
For the year ending 31 July 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 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 21 April 2023 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 2022
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.
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.
HIGHER PURPOSE CLEANING SERVICES LIMITED
Notes to the Accounts
for the year ended 31 July 2022
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2021
13,127
52,726
65,853
At 31 July 2022
13,127
52,726
65,853
At 1 August 2021
11,234
45,889
57,123
Charge for the year
473
1,709
2,182
At 31 July 2022
11,707
47,598
59,305
At 31 July 2022
1,420
5,128
6,548
At 31 July 2021
1,893
6,837
8,730
Amounts falling due within one year
Trade debtors
30,761
24,483
Accrued income and prepayments
4,362
8,136
Other debtors
26,856
29,202
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
7,080
14,272
Trade creditors
4,479
5,515
Taxes and social security
16,663
22,442
Other creditors
1,016
7,982
Loans from directors
8,400
7,722
HIGHER PURPOSE CLEANING SERVICES LIMITED
Notes to the Accounts
for the year ended 31 July 2022
8
Creditors: amounts falling due after more than one year
2022
2021
Aggregate of amounts that fall due for payment after five years
9,825
-
The repayment period on the bounce back loan has been extended to 10 years since the previous accounting year end. An element of this loan balance extends beyond 5 years from the accounting period end.
9
Average number of employees
During the year the average number of employees was 15 (2021: 15).