REGISTERED NUMBER: 04401773 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Almondsbury Window Cleaning Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Hayden

REGISTERED OFFICE:

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

REGISTERED NUMBER:

04401773 (England and Wales)

ACCOUNTANTS:

Andrew R Cook Chartered Accountants

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

FIXED ASSETS

Intangible assets

4

8,100

10,800

Tangible assets

5

24,576

20,776

32,676

31,576

CURRENT ASSETS

Cash at bank

32,606

30,901

CREDITORS

Amounts falling due within one year

6

28,121

32,871

NET CURRENT ASSETS/(LIABILITIES)

4,485

(1,970

)

TOTAL ASSETS LESS CURRENT LIABILITIES

37,161

29,606

PROVISIONS FOR LIABILITIES

7

4,480

-

NET ASSETS

32,681

29,606

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

32,679

29,604

SHAREHOLDERS' FUNDS

32,681

29,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 16 November 2018 and were signed by:

A Hayden - Director

1.	STATUTORY INFORMATION

Almondsbury Window Cleaning Services Ltd is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address can be found on

the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002 is now being

amortised evenly over five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

18% on reducing balance

Motor vehicles

-

18% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2017

and 31 March 2018

13,500

AMORTISATION

At 1 April 2017

2,700

Amortisation for year

2,700

At 31 March 2018

5,400

NET BOOK VALUE

At 31 March 2018

8,100

At 31 March 2017

10,800

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2017

-

2,815

35,104

37,919

Additions

998

7,977

-

8,975

At 31 March 2018

998

10,792

35,104

46,894

DEPRECIATION

At 1 April 2017

-

1,394

15,749

17,143

Charge for year

-

1,691

3,484

5,175

At 31 March 2018

-

3,085

19,233

22,318

NET BOOK VALUE

At 31 March 2018

998

7,707

15,871

24,576

At 31 March 2017

-

1,421

19,355

20,776

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Bank loans and overdrafts

13,071

17,190

Tax

8,785

10,174

Social security and other taxes

727

519

Directors' current accounts

4,722

4,214

Trade Creditors

816

774

28,121

32,871

7.	PROVISIONS FOR LIABILITIES

31.3.18

31.3.17

£

£

Deferred tax

4,480

-

Deferred

tax

£

Provided during year

4,480

Balance at 31 March 2018

4,480

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.18

31.3.17

value:

£

£

2

Ordinary

£1

2

2

9.

RESERVES

Retained

earnings

£

At 1 April 2017

29,604

Profit for the year

33,075

Dividends

(30,000

)

At 31 March 2018

32,679

10.	RELATED PARTY DISCLOSURES

During the year the director, Mr A Hayden, made net deposits to his account of £508. The balance on

his account at 31 March 2018 was £4,722 in credit (2017 - £4,214).

Also during the year Mr A Hayden received net dividends from the company of £30,000 (2017 -

£25,000).

11.	ULTIMATE CONTROLLING PARTY

Mr A Hayden is the ultimate controlling party by virtue of him holding the majority of the company's

issued share capital.