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REGISTERED NUMBER: SC098089 (Scotland)















































Unaudited Financial Statements

for the Year Ended 31 July 2018

for

Peterhead Laundrette Limited

Peterhead Laundrette Limited (Registered number: SC098089)






Contents of the Financial Statements
for the Year Ended 31 July 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Peterhead Laundrette Limited

Company Information
for the Year Ended 31 July 2018







DIRECTORS: Mrs Y I Clark
G L H Gray
Ms J Duthie





SECRETARY: Ms J Duthie





REGISTERED OFFICE: 88 Queen Street
Peterhead
Aberdeenshire
AB42 1TT





REGISTERED NUMBER: SC098089 (Scotland)





ACCOUNTANTS: Acumen Accountants & Advisors Limited
Acumen House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN

Peterhead Laundrette Limited (Registered number: SC098089)

Balance Sheet
31 July 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 33,920 36,748

CURRENT ASSETS
Stocks 300 300
Debtors 6 12,688 9,257
Cash at bank and in hand 27,104 24,911
40,092 34,468
CREDITORS
Amounts falling due within one year 7 28,002 22,927
NET CURRENT ASSETS 12,090 11,541
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,010

48,289

PROVISIONS FOR LIABILITIES 142 195
NET ASSETS 45,868 48,094

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 31,000 31,000
Retained earnings 14,768 16,994
45,868 48,094

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

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

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 28 September 2018 and were signed on its behalf by:





Ms J Duthie - Director


Peterhead Laundrette Limited (Registered number: SC098089)

Notes to the Financial Statements
for the Year Ended 31 July 2018

1. STATUTORY INFORMATION

Peterhead Laundrette Limited is a private company, limited by shares , registered in Scotland. The company's registered
number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The presentation currency is sterling.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 4 ) .

Peterhead Laundrette Limited (Registered number: SC098089)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2018

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2017 75,000 44,891 119,891
Additions - 170 170
At 31 July 2018 75,000 45,061 120,061
DEPRECIATION
At 1 August 2017 42,450 40,693 83,143
Charge for year 1,500 1,498 2,998
At 31 July 2018 43,950 42,191 86,141
NET BOOK VALUE
At 31 July 2018 31,050 2,870 33,920
At 31 July 2017 32,550 4,198 36,748

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 5,881 5,881
Prepayments 6,807 3,376
12,688 9,257

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 7,141 4,941
Corporation tax 795 788
Social security and other taxes 160 162
Other creditors 12,480 12,480
Directors' current accounts 6,027 3,199
Accrued expenses 1,399 1,357
28,002 22,927

8. RESERVES
Revaluation
reserve
£   
At 1 August 2017
and 31 July 2018 31,000

Peterhead Laundrette Limited

Report of the Accountants to the Directors of
Peterhead Laundrette Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited
financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.
Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are
not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2018 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Acumen Accountants & Advisors Limited
Acumen House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN


28 September 2018