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Company Registration No. 10226898 (England and Wales)
TOUCH OF CLASS DRY CLEANERS (PVT) LIMITED for the year ended 30 June 2023
TOUCH OF CLASS DRY CLEANERS (PVT) LIMITED Contents
Page
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TOUCH OF CLASS DRY CLEANERS (PVT) LIMITED Company Information for the year ended 30 June 2023
Director
Jamil Ahmed
Company Number
10226898 (England and Wales)
Registered Office
67 George Lane South Woodford London E18 1JJ United Kingdom
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TOUCH OF CLASS DRY CLEANERS (PVT) LIMITED Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
11,000 
11,000 
Tangible assets
3,695 
5,022 
14,695 
16,022 
Current assets
Inventories
371 
625 
Debtors
2,110 
2,597 
Cash at bank and in hand
3,826 
4,041 
6,307 
7,263 
Creditors: amounts falling due within one year
(10,571)
(8,911)
Net current liabilities
(4,264)
(1,648)
Total assets less current liabilities
10,431 
14,374 
Creditors: amounts falling due after more than one year
(5,413)
(8,721)
Net assets
5,018 
5,653 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
5,017 
5,652 
Shareholders' funds
5,018 
5,653 
For the year ending 30 June 2023 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 12 October 2023 and were signed on its behalf by
Jamil Ahmed Director Company Registration No. 10226898
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TOUCH OF CLASS DRY CLEANERS (PVT) LIMITED Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
TOUCH OF CLASS DRY CLEANERS (PVT) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10226898. The registered office is 67 George Lane, South Woodford, London, E18 1JJ, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
10% on cost
Fixtures & fittings
20 % on cost
Government grants
The company obtained a Bounce Back Loan from its bankers, of £15,000. The loan is supported by a Government guarantee of up to 80% of the loan and the first year's interest is also met by the Government. This interest is recorded in the profit and loss in the period that it is payable.
Presentation currency
The accounts are presented in £ sterling.
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TOUCH OF CLASS DRY CLEANERS (PVT) LIMITED Notes to the Accounts for the year ended 30 June 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2022
11,000 
At 30 June 2023
11,000 
Amortisation
At 1 July 2022
- 
At 30 June 2023
- 
Net book value
At 30 June 2023
11,000 
At 30 June 2022
11,000 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
13,270 
1,500 
14,770 
At 30 June 2023
13,270 
1,500 
14,770 
Depreciation
At 1 July 2022
8,248 
1,500 
9,748 
Charge for the year
1,327 
- 
1,327 
At 30 June 2023
9,575 
1,500 
11,075 
Net book value
At 30 June 2023
3,695 
- 
3,695 
At 30 June 2022
5,022 
- 
5,022 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
287 
Accrued income and prepayments
2,110 
2,110 
Other debtors
- 
200 
2,110 
2,597 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,260 
3,000 
Trade creditors
3,130 
2,181 
Taxes and social security
1,329 
1,120 
Other creditors
2,609 
2,584 
Loans from directors
43 
26 
Accruals
200 
- 
10,571 
8,911 
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TOUCH OF CLASS DRY CLEANERS (PVT) LIMITED Notes to the Accounts for the year ended 30 June 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
5,413 
8,721 
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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