IRIS Accounts Production v23.3.1.45 01041535 director 1.4.22 30.6.23 30.6.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure010415352022-03-31010415352023-06-30010415352022-04-012023-06-30010415352021-03-31010415352021-04-012022-03-31010415352022-03-3101041535ns16:EnglandWales2022-04-012023-06-3001041535ns15:PoundSterling2022-04-012023-06-3001041535ns11:Director12022-04-012023-06-3001041535ns11:PrivateLimitedCompanyLtd2022-04-012023-06-3001041535ns11:SmallEntities2022-04-012023-06-3001041535ns11:AuditExempt-NoAccountantsReport2022-04-012023-06-3001041535ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-06-3001041535ns11:SmallCompaniesRegimeForAccounts2022-04-012023-06-3001041535ns11:FullAccounts2022-04-012023-06-300104153512022-04-012023-06-3001041535ns11:OrdinaryShareClass12022-04-012023-06-3001041535ns11:RegisteredOffice2022-04-012023-06-3001041535ns6:CurrentFinancialInstruments2023-06-3001041535ns6:CurrentFinancialInstruments2022-03-3101041535ns6:ShareCapital2023-06-3001041535ns6:ShareCapital2022-03-3101041535ns6:RevaluationReserve2023-06-3001041535ns6:RevaluationReserve2022-03-3101041535ns6:RetainedEarningsAccumulatedLosses2023-06-3001041535ns6:RetainedEarningsAccumulatedLosses2022-03-3101041535ns6:NetGoodwill2022-04-012023-06-3001041535ns6:IntangibleAssetsOtherThanGoodwill2022-04-012023-06-3001041535ns6:OwnedOrFreeholdAssetsns6:LandBuildings2022-04-012023-06-3001041535ns6:PlantMachinery2022-04-012023-06-3001041535ns6:NetGoodwill2022-03-3101041535ns6:NetGoodwill2023-06-3001041535ns6:NetGoodwill2022-03-3101041535ns6:LandBuildings2022-03-3101041535ns6:PlantMachinery2022-03-3101041535ns6:ComputerEquipment2022-03-3101041535ns6:LandBuildings2022-04-012023-06-3001041535ns6:ComputerEquipment2022-04-012023-06-3001041535ns6:LandBuildings2023-06-3001041535ns6:PlantMachinery2023-06-3001041535ns6:ComputerEquipment2023-06-3001041535ns6:LandBuildings2022-03-3101041535ns6:PlantMachinery2022-03-3101041535ns6:ComputerEquipment2022-03-3101041535ns6:CostValuation2022-03-3101041535ns6:AdditionsToInvestments2023-06-3001041535ns6:CostValuation2023-06-3001041535ns6:WithinOneYearns6:CurrentFinancialInstruments2023-06-3001041535ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3101041535ns11:OrdinaryShareClass12023-06-3001041535ns6:RetainedEarningsAccumulatedLosses2022-03-3101041535ns6:RevaluationReserve2022-03-3101041535ns6:RetainedEarningsAccumulatedLosses2022-04-012023-06-30
REGISTERED NUMBER: 01041535 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2022 TO 30 JUNE 2023

FOR

Y.D.M. LAUNDERETTES LIMITED

Y.D.M. LAUNDERETTES LIMITED (REGISTERED NUMBER: 01041535)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Y.D.M. LAUNDERETTES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2022 TO 30 JUNE 2023







DIRECTOR: Exors M J Putt Dec'd





REGISTERED OFFICE: 6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL





REGISTERED NUMBER: 01041535 (England and Wales)





ACCOUNTANTS: Andrew Cross & Co.
Chartered Certified Accountants
6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL

Y.D.M. LAUNDERETTES LIMITED (REGISTERED NUMBER: 01041535)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,000 10,000
Tangible assets 5 1,105,564 1,105,944
Investments 6 528,100 502,100
1,643,664 1,618,044

CURRENT ASSETS
Debtors 7 - (16,670 )
Cash at bank and in hand 25,002 18,973
25,002 2,303
CREDITORS
Amounts falling due within one year 8 52,842 98,053
NET CURRENT LIABILITIES (27,840 ) (95,750 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,615,824

1,522,294

PROVISIONS FOR LIABILITIES 258,500 258,500
NET ASSETS 1,357,324 1,263,794

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 1,215,300 1,215,300
Retained earnings 10 141,924 48,394
SHAREHOLDERS' FUNDS 1,357,324 1,263,794

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges 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.

Y.D.M. LAUNDERETTES LIMITED (REGISTERED NUMBER: 01041535)

BALANCE SHEET - continued
30 JUNE 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 18 December 2023 and were signed by:





Exors M J Putt Dec'd - Director


Y.D.M. LAUNDERETTES LIMITED (REGISTERED NUMBER: 01041535)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 30 JUNE 2023

1. STATUTORY INFORMATION

Y.D.M. Launderettes Limited 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and service, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period 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 period 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.

Y.D.M. LAUNDERETTES LIMITED (REGISTERED NUMBER: 01041535)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2022 TO 30 JUNE 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 30 June 2023 10,000
NET BOOK VALUE
At 30 June 2023 10,000
At 31 March 2022 10,000

5. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 April 2022 1,100,343 155,171 40 1,255,554
Additions - - 1,867 1,867
Disposals - - (40 ) (40 )
At 30 June 2023 1,100,343 155,171 1,867 1,257,381
DEPRECIATION
At 1 April 2022 - 149,610 - 149,610
Charge for period - 1,740 467 2,207
At 30 June 2023 - 151,350 467 151,817
NET BOOK VALUE
At 30 June 2023 1,100,343 3,821 1,400 1,105,564
At 31 March 2022 1,100,343 5,561 40 1,105,944

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2022 502,100
Additions 26,000
At 30 June 2023 528,100
NET BOOK VALUE
At 30 June 2023 528,100
At 31 March 2022 502,100

Y.D.M. LAUNDERETTES LIMITED (REGISTERED NUMBER: 01041535)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2022 TO 30 JUNE 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - (16,670 )

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 5,622 2,074
Amounts owed to subsidiaries (76,088 ) -
Directors' current accounts 84,196 87,280
Accrued expenses 39,112 8,699
52,842 98,053

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2022 48,394 1,215,300 1,263,694
Profit for the period 127,530 127,530
Dividends (34,000 ) (34,000 )
At 30 June 2023 141,924 1,215,300 1,357,224