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Registered number: 10009970
Laundra Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Praddy Financial Consultancy Ltd
Chartered Management Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10009970
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,821 9,452
5,821 9,452
CURRENT ASSETS
Debtors 5 89,709 76,695
Cash at bank and in hand 11,272 35,021
100,981 111,716
Creditors: Amounts Falling Due Within One Year 6 (125,799 ) (73,934 )
NET CURRENT ASSETS (LIABILITIES) (24,818 ) 37,782
TOTAL ASSETS LESS CURRENT LIABILITIES (18,997 ) 47,234
Creditors: Amounts Falling Due After More Than One Year 7 (21,878 ) (32,066 )
NET (LIABILITIES)/ASSETS (40,875 ) 15,168
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (40,975 ) 15,068
SHAREHOLDERS' FUNDS (40,875) 15,168
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Anne De Livera
Director
22/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Laundra Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10009970 . The registered office is 98 Kingfisher Road Kingfisher Road, Portishead, Bristol, BS20 7QD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Straight Line
Motor Vehicles 25% Reducing balance
Computer Equipment 20% Straight Line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 8)
8 8
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 15,263 29,808 950 46,021
Additions - - 569 569
As at 31 March 2025 15,263 29,808 1,519 46,590
Depreciation
As at 1 April 2024 11,955 24,503 111 36,569
Provided during the period 2,646 1,326 228 4,200
As at 31 March 2025 14,601 25,829 339 40,769
Net Book Value
As at 31 March 2025 662 3,979 1,180 5,821
As at 1 April 2024 3,308 5,305 839 9,452
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 89,709 76,695
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 66,246 2,159
Corporation tax - 816
Other taxes and social security 4,539 6,323
VAT 39,660 49,897
Net wages 15,105 13,084
Other creditors 249 1,655
125,799 73,934
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 21,878 32,066
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4