Company Registration No. 07583619 (England and Wales)
Nancy Drycleaners Ltd
Unaudited accounts
for the year ended 31 December 2023
Nancy Drycleaners Ltd
Unaudited accounts
Contents
Nancy Drycleaners Ltd
Company Information
for the year ended 31 December 2023
Company Number
07583619 (England and Wales)
Registered Office
34 Connaught Street
London
W2 2AF
Accountants
Murugesu Associates
77 Milson Road
West Kensington
London
W14 0LH
Nancy Drycleaners Ltd
Statement of financial position
as at 31 December 2023
Intangible assets
88,866
88,866
Tangible assets
10,897
13,621
Cash at bank and in hand
7,536
(592)
Creditors: amounts falling due within one year
(47,498)
(32,183)
Net current liabilities
(39,962)
(32,775)
Total assets less current liabilities
59,801
69,712
Creditors: amounts falling due after more than one year
(37,493)
(46,204)
Called up share capital
1
1
Profit and loss account
22,307
23,507
Shareholders' funds
22,308
23,508
For the year ending 31 December 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 1 August 2024 and were signed on its behalf by
Mr A F Mustafa
Director
Company Registration No. 07583619
Nancy Drycleaners Ltd
Notes to the Accounts
for the year ended 31 December 2023
Nancy Drycleaners Ltd is a private company, limited by shares, registered in England and Wales, registration number 07583619. The registered office is 34 Connaught Street, London, W2 2AF.
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 reducing balance
Fixtures & fittings
20% on reducing balance
Intangible fixed assets (including purchased goodwill and leasehold) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 January 2023
50,000
38,866
88,866
At 31 December 2023
50,000
38,866
88,866
At 31 December 2023
50,000
38,866
88,866
At 31 December 2022
50,000
38,866
88,866
Nancy Drycleaners Ltd
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
66,483
16,000
82,483
At 31 December 2023
66,483
16,000
82,483
At 1 January 2023
53,893
14,969
68,862
Charge for the year
2,518
206
2,724
At 31 December 2023
56,411
15,175
71,586
At 31 December 2023
10,072
825
10,897
At 31 December 2022
12,590
1,031
13,621
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
15,832
Loans from directors
10,368
-
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).