ECO FRESH LAUNDRY LIMITED

Company Registration Number:
08742393 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

ECO FRESH LAUNDRY LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

ECO FRESH LAUNDRY LIMITED

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal activities of the company

The Company's principal activity is the provision of launderette and dry cleaning services.



Directors

The director shown below has held office during the whole of the period from
1 November 2023 to 31 October 2024

L V Evans


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
17 July 2025

And signed on behalf of the board by:
Name: L V Evans
Status: Director

ECO FRESH LAUNDRY LIMITED

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 32,138 44,719
Total fixed assets: 32,138 44,719
Current assets
Stocks: 4 1,991 497
Debtors: 5 51,629 49,223
Cash at bank and in hand: 36,072 22,035
Total current assets: 89,692 71,755
Creditors: amounts falling due within one year: 6 ( 34,005 ) ( 32,379 )
Net current assets (liabilities): 55,687 39,376
Total assets less current liabilities: 87,825 84,095
Creditors: amounts falling due after more than one year: 7 ( 88,694 ) ( 106,478 )
Provision for liabilities: 0 0
Total net assets (liabilities): (869) (22,383)
Capital and reserves
Called up share capital: 250 250
Profit and loss account: (1,119 ) (22,633 )
Total Shareholders' funds: ( 869 ) (22,383)

The notes form part of these financial statements

ECO FRESH LAUNDRY LIMITED

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 17 July 2025
and signed on behalf of the board by:

Name: L V Evans
Status: Director

The notes form part of these financial statements

ECO FRESH LAUNDRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the value of services rendered during the year in the course of its principal activity.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Short Leasehold Property - over the period of the lease Plant and Equipment - 10% straightline basis, 33% straightline basis and 25% reducing balance basis Motor Vehicles - 25% reducing balance basis

    Intangible fixed assets amortisation policy

    Amortisation is provided at 20% on cost in order to write off goodwill over its estimated useful economic life.

    Valuation information and policy

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

    Other accounting policies

    Going Concern Basis of Accounting: The accounts have been prepared on the assumption that the Company is able to carry on business as a going concern, which the Director considers appropriate having regard to the prevailing circumstances. Leasing and Hire Purchase Contracts: Assets acquired under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets are depreciated on the same basis as owned assets. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the Company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance charge is charged to the profit and loss account over the period of the agreement using the effective interest method. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account on a straight line basis. Taxation: Taxation represents the sum of tax currently payable and deferred tax. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Debtors and Creditors Receivable/Payable Within One Year: Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Pensions: The Company operates a defined contribution pension scheme. The pension charge represents the amount payable by the Company to the Scheme in respect of the year. Interest on Borrowings: Interest is charged to the profit and loss account where appropriate, over the term of the debt using the effective interest method, so that the amount charged is at a constant rate on the carrying amount.

ECO FRESH LAUNDRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 10 13

ECO FRESH LAUNDRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 4,952 167,491 4,795 177,238
Additions 0 1,720 0 1,720
Disposals
Revaluations
Transfers
At 31 October 2024 4,952 169,211 4,795 178,958
Depreciation
At 1 November 2023 4,952 123,941 3,626 132,519
Charge for year 0 14,009 292 14,301
On disposals
Other adjustments
At 31 October 2024 4,952 137,950 3,918 146,820
Net book value
At 31 October 2024 0 31,261 877 32,138
At 31 October 2023 0 43,550 1,169 44,719

ECO FRESH LAUNDRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Stocks

2024 2023
£ £
Stocks 1,991 497
Total 1,991 497

ECO FRESH LAUNDRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Debtors

2024 2023
£ £
Trade debtors 41,627 37,062
Other debtors 10,002 12,161
Total 51,629 49,223
Debtors due after more than one year: 5,000 5,000

ECO FRESH LAUNDRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 3,067 2,992
Trade creditors 1,697 2,470
Taxation and social security 13,474 13,671
Other creditors 15,767 13,246
Total 34,005 32,379

ECO FRESH LAUNDRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 3,411 6,478
Other creditors 85,283 100,000
Total 88,694 106,478

ECO FRESH LAUNDRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

8. Financial Commitments

There are financial commitments totalling £160,328 (2023: £178,105 ) of which £35,444 (2023: £32,944) are falling due within one year: £124,884 (2023: £134,328) between one and five years and £Nil (2023: £10,833) after more than five years.