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REGISTERED NUMBER: 06185656 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

H2O LINEN SERVICES LTD

H2O LINEN SERVICES LTD (REGISTERED NUMBER: 06185656)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

H2O LINEN SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: D L Shoesmith
R L Shoesmith





REGISTERED OFFICE: 7A Brett Drive
BEXHILL ON SEA
East Sussex
TN40 2JP





REGISTERED NUMBER: 06185656 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ

H2O LINEN SERVICES LTD (REGISTERED NUMBER: 06185656)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 60,000 70,000
Tangible assets 5 250,699 229,055
310,699 299,055

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 6 271,135 284,280
Cash at bank 197,366 192,018
471,501 479,298
CREDITORS
Amounts falling due within one year 7 249,597 277,888
NET CURRENT ASSETS 221,904 201,410
TOTAL ASSETS LESS CURRENT LIABILITIES 532,603 500,465

CREDITORS
Amounts falling due after more than one year 8 (37,381 ) (51,742 )

PROVISIONS FOR LIABILITIES (59,521 ) (52,071 )
NET ASSETS 435,701 396,652

CAPITAL AND RESERVES
Called up share capital 39 39
Retained earnings 435,662 396,613
SHAREHOLDERS' FUNDS 435,701 396,652

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge 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.

H2O LINEN SERVICES LTD (REGISTERED NUMBER: 06185656)

BALANCE SHEET - continued
31 MARCH 2025


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 Board of Directors and authorised for issue on 17 June 2025 and were signed on its behalf by:




D L Shoesmith - Director



R L Shoesmith - Director


H2O LINEN SERVICES LTD (REGISTERED NUMBER: 06185656)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

H2o Linen Services Ltd 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.

In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern. The directors have considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements.

On the basis of this consideration, the directors are satisfied that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements.

Turnover
Turnover represents the net invoiced sales of laundering services, excluding value added tax and at the point the rights to consideration become due.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty 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.
Plant and machinery - 33% on cost and 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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.


H2O LINEN SERVICES LTD (REGISTERED NUMBER: 06185656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued
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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 47 (2024 - 48 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 200,000
AMORTISATION
At 1 April 2024 130,000
Charge for year 10,000
At 31 March 2025 140,000
NET BOOK VALUE
At 31 March 2025 60,000
At 31 March 2024 70,000

H2O LINEN SERVICES LTD (REGISTERED NUMBER: 06185656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2024 7,946 1,284,112 103,938
Additions - 98,270 1,662
Disposals - (14,990 ) -
At 31 March 2025 7,946 1,367,392 105,600
DEPRECIATION
At 1 April 2024 7,946 1,178,970 95,990
Charge for year - 74,042 2,402
Eliminated on disposal - (4,841 ) -
At 31 March 2025 7,946 1,248,171 98,392
NET BOOK VALUE
At 31 March 2025 - 119,221 7,208
At 31 March 2024 - 105,142 7,948

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 136,094 25,338 1,557,428
Additions 7,750 10,385 118,067
Disposals - - (14,990 )
At 31 March 2025 143,844 35,723 1,660,505
DEPRECIATION
At 1 April 2024 20,880 24,587 1,328,373
Charge for year 5,995 3,835 86,274
Eliminated on disposal - - (4,841 )
At 31 March 2025 26,875 28,422 1,409,806
NET BOOK VALUE
At 31 March 2025 116,969 7,301 250,699
At 31 March 2024 115,214 751 229,055

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 211,170 244,406
Other debtors 2,925 2,500
Prepayments 57,040 37,374
271,135 284,280

H2O LINEN SERVICES LTD (REGISTERED NUMBER: 06185656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 19,208 24,922
Trade creditors 26,696 49,426
Tax 36,496 35,824
Social security and other taxes 98,654 89,935
VAT 52,624 62,774
Other creditors 3,237 2,641
Accrued expenses 12,682 12,366
249,597 277,888

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 37,381 51,742

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
H2O LINEN SERVICES LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of H2o Linen Services Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the Board of Directors of H2o Linen Services Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of H2o Linen Services Ltd and state those matters that we have agreed to state to the Board of Directors of H2o Linen Services Ltd, as a body, in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than H2o Linen Services Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that H2o Linen Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of H2o Linen Services Ltd. You consider that H2o Linen Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of H2o Linen Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ


17 June 2025