1 March 2023 false No description of principal activity Taxfiler 2024.6 13227624business:PrivateLimitedCompanyLtd2023-03-012024-02-28 132276242023-02-28 132276242023-03-012024-02-28 13227624business:AuditExemptWithAccountantsReport2023-03-012024-02-28 13227624business:FilletedAccounts2023-03-012024-02-28 132276242024-02-28 132276242023-02-28 13227624core:WithinOneYear2024-02-28 13227624core:WithinOneYear2023-02-28 13227624core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 13227624core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13227624core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 13227624core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13227624core:PreviouslyStatedAmount2024-02-28 13227624core:PreviouslyStatedAmount2023-02-28 13227624business:SmallEntities2023-03-012024-02-28 13227624business:Director12023-03-012024-02-28 13227624countries:EnglandWales2023-03-012024-02-28 13227624business:RegisteredOffice2023-03-012024-02-28 13227624core:PlantMachinery2023-03-012024-02-28 13227624core:MotorVehicles2023-03-012024-02-28 13227624core:ComputerEquipment2023-03-012024-02-28 13227624core:PlantMachinery2023-02-28 13227624core:MotorVehicles2023-02-28 13227624core:ComputerEquipment2023-02-28 13227624core:PlantMachinery2024-02-28 13227624core:MotorVehicles2024-02-28 13227624core:ComputerEquipment2024-02-28 132276242022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13227624 (England and Wales)
LAUNDRYWORKS LIMITED accounts for the period from 1 March 2023 to 28 February 2024
LAUNDRYWORKS LIMITED accounts Contents
Page
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LAUNDRYWORKS LIMITED Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
40,844 
37,354 
Current assets
Inventories
14,480 
15,480 
Debtors
3,323 
- 
Cash at bank and in hand
14,972 
5,536 
32,775 
21,016 
Creditors: amounts falling due within one year
(61,304)
(48,199)
Net current liabilities
(28,529)
(27,183)
Net assets
12,315 
10,171 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,215 
10,071 
Shareholders' funds
12,315 
10,171 
For the period ending 28 February 2024 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 her 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 November 2024 and were signed on its behalf by
Sadaf Latif Director Company Registration No. 13227624
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LAUNDRYWORKS LIMITED Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
LAUNDRYWORKS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13227624. The registered office is Unit 3 Fourth Way, Wembley, Middlesex, HA9 0LH, England.
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 period, 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% Reducing Balance
Motor vehicles
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
55,243 
- 
1,999 
57,242 
Additions
2,083 
14,900 
2,132 
19,115 
Disposals
(8,460)
- 
- 
(8,460)
At 28 February 2024
48,866 
14,900 
4,131 
67,897 
Depreciation
At 1 March 2023
19,488 
- 
400 
19,888 
Charge for the period
6,485 
2,980 
746 
10,211 
On disposals
(3,046)
- 
- 
(3,046)
At 28 February 2024
22,927 
2,980 
1,146 
27,053 
Net book value
At 28 February 2024
25,939 
11,920 
2,985 
40,844 
At 28 February 2023
35,755 
- 
1,599 
37,354 
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LAUNDRYWORKS LIMITED Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
3,323 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,889 
3,674 
Trade creditors
13,838 
- 
Taxes and social security
1,021 
265 
Other creditors
5,675 
4,891 
Loans from directors
37,181 
39,369 
Accruals
700 
- 
61,304 
48,199 
7
Average number of employees
During the period the average number of employees was 6 (2023: 6).
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