ELEGANCE DRY CLEANERS GREAT BARR LIMITED

Registered Number: 07790825 ELEGANCE DRY CLEANERS GREAT BARR LIMITED
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	215,603	217,934
		215,603	217,934
Current assets
Stocks	4	400	485
Cash at bank and in hand		(20,230)	218
		(19,830)	703
Creditors: amount falling due within one year	5	(151,376)	(148,067)
Net current assets		(171,206)	(147,364)

Total assets less current liabilities		44,397	70,570
Creditors: amount falling due after more than one year	6	(87,637)	(97,056)
Net assets		(43,240)	(26,486)

Capital and reserves
Called up share capital		100	100
Profit and loss account		(43,340)	(26,586)
Shareholders' funds		(43,240)	(26,486)

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 29 December 2025 and were signed on its behalf by:

-------------------------------
Vasoula Symeou
Director

ELEGANCE DRY CLEANERS GREAT BARR LIMITED
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

ELEGANCE DRY CLEANERS GREAT BARR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07790825, registration address 895 897 Walsall Road, Great Barr, Birmingham, B42 1TN.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	50 Years Straight Line
Fixtures and Fittings	5 Years Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 3 (2024 : 3).

Tangible fixed assets

Cost or valuation	Land and Buildings	Fixtures and Fittings	Total
	£	£	£
At 01 April 2024	233,828	2,959	236,787
Additions	-	216	216
Disposals	-	-	-
At 31 March 2025	233,828	3,175	237,003
Depreciation
At 01 April 2024	16,394	2,459	18,853
Charge for year	2,342	205	2,547
On disposals	-	-	-
At 31 March 2025	18,736	2,664	21,400
Net book values
Closing balance as at 31 March 2025	215,092	511	215,603
Opening balance as at 01 April 2024	217,434	500	217,934

Stocks

	2025 £	2024 £
Work in Progress	-	485
Stocks	400	-
	400	485

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	441	3,863
Bank Loans & Overdrafts	10,517	10,517
PAYE & Social Security	20	-
Accrued Expenses	800	1,025
Directors' Current Accounts	137,967	131,034
VAT	1,631	1,628
	151,376	148,067

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	87,637		97,056
	87,637		97,056

Registered Number: 07790825
England and Wales
ELEGANCE DRY CLEANERS GREAT BARR LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025