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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
Page
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Nancy Drycleaners Ltd Company Information for the year ended 31 December 2023
Director
Mr A F Mustafa
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
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Nancy Drycleaners Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
88,866 
88,866 
Tangible assets
10,897 
13,621 
99,763 
102,487 
Current assets
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)
Net assets
22,308 
23,508 
Capital and reserves
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
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Nancy Drycleaners Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
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.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and leasehold) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 January 2023
50,000 
38,866 
88,866 
At 31 December 2023
50,000 
38,866 
88,866 
Amortisation
At 1 January 2023
- 
- 
- 
At 31 December 2023
- 
- 
- 
Net book value
At 31 December 2023
50,000 
38,866 
88,866 
At 31 December 2022
50,000 
38,866 
88,866 
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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 
Depreciation
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 
Net book value
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 
Other creditors
1,530 
751 
Loans from directors
10,368 
- 
Accruals
35,600 
15,600 
47,498 
32,183 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
37,493 
46,204 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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