Red Rose Launderette Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06125807 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2024 TO 30 JUNE 2025

FOR

RED ROSE LAUNDERETTE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C D Naftel

SECRETARY:

C A Collier-Baker

REGISTERED OFFICE:

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

REGISTERED NUMBER:

06125807 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

-

325

-

325

CURRENT ASSETS

Debtors

6

92

605

Cash at bank and in hand

4,433

4,214

4,525

4,819

CREDITORS

Amounts falling due within one year

7

1,864

3,483

NET CURRENT ASSETS

2,661

1,336

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,661

1,661

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

2,561

1,561

SHAREHOLDERS' FUNDS

2,661

1,661

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 30 October 2025 and were signed by:

C D Naftel - Director

1.	STATUTORY INFORMATION

Red Rose Launderette Limited 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.

Turnover

Turnover represents income receivable in the year, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, was amortised evenly over its estimated useful life of 10 years to 31 March 2016 where it was written off in full to profit and loss at the date of transition to FRS 102.

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 and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are initially recorded at historic cost and stated in the balance sheet at their net book value, being the amount of capital expenditure less accumulated depreciation.

Taxation

Taxation for the period 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.

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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

15,500

Disposals

(15,500

)

At 30 June 2025

-

AMORTISATION

At 1 April 2024

15,500

Eliminated on disposal

(15,500

)

At 30 June 2025

-

NET BOOK VALUE

At 30 June 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 April 2024

5,604

555

733

6,892

Disposals

(5,604

)

(555

)

(733

)

(6,892

)

At 30 June 2025

-

DEPRECIATION

At 1 April 2024

5,478

507

582

6,567

Charge for period

25

10

30

65

Eliminated on disposal

(5,503

)

(517

)

(612

)

(6,632

)

At 30 June 2025

-

NET BOOK VALUE

At 30 June 2025

-

At 31 March 2024

126

48

151

325

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.3.24

£

Prepayments

92

605

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.3.24

£

Tax

1,361

1,146

Directors' current accounts

2

73

Accrued expenses

501

2,264

1,864

3,483

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

31.3.24

value:

£

100

Ordinary

£1

100

9.

RESERVES

Retained

earnings

£

At 1 April 2024

1,561

Profit for the period

5,475

Dividends

(4,475

)

At 30 June 2025

2,561

10.	RELATED PARTY DISCLOSURES

Within creditors is £2 (2024:£73) due to the director.

11.	CONTROLLING PARTY

The company is controlled by the director Mr C D Naftel by virtue of his 100% holding of the ordinary issued share capital.