Downley Laundrette Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09201159 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

FOR

DOWNLEY LAUNDRETTE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W Bright

Mrs M H Bright

D Bright

REGISTERED OFFICE:

Windy Ridge

Latchford Lane

Great Haseley

Oxfordshire

OX44 7LA

REGISTERED NUMBER:

09201159 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

6,783

8,481

6,783

8,481

CURRENT ASSETS

Debtors

6

6,357

Cash at bank and in hand

33,378

21,667

39,735

28,024

CREDITORS

Amounts falling due within one year

7

65,861

65,660

NET CURRENT LIABILITIES

(26,126

)

(37,636

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,343

)

(29,155

)

CAPITAL AND RESERVES

Called up share capital

240

Retained earnings

(19,583

)

(29,395

)

SHAREHOLDERS' FUNDS

(19,343

)

(29,155

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

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 28th April 2026 and were signed on its behalf by:

D A Bright - Director

1.	STATUTORY INFORMATION

Downley Laundrette 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.

These financial statements for the year ended 30th September 2017 are the first financial statements that comply with FRS 102 Section 1A "Small Entities". The date of transition is 1st October 2015. In preparing these accounts, the directors have considered whether in applying the accounting policies required by FRS 102 Section 1A "Small Entities" a restatement of comparative items was needed and restatements were not required. There was no effect of transition from the previous reporting framework to FRS 102 Section 1A "Small Entities" that needs to be reported.

The directors, having reviewed future cashflow and working capital needs, confirm that they will continue to provide such financial support as is necessary to enable the company to meet its obligations as they fall due. The accounts have therefore been prepared on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Business acquisition costs

Business acquisition costs relating to the acquisition in 2015, are being amortised evenly in line with goodwill costs.

Tangible fixed assets

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

Fixtures, fittings & equipment

-

20% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Business

acquisition

Goodwill

costs

Totals

£

COST

At 1st October 2024

and 30th September 2025

47,000

7,017

54,017

AMORTISATION

At 1st October 2024

and 30th September 2025

47,000

7,017

54,017

NET BOOK VALUE

At 30th September 2025

-

At 30th September 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures,

Short

fittings

leasehold

& equipment

Totals

£

COST

At 1st October 2024

and 30th September 2025

1

57,346

57,347

DEPRECIATION

At 1st October 2024

-

48,866

Charge for year

-

1,698

At 30th September 2025

-

50,564

NET BOOK VALUE

At 30th September 2025

1

6,782

6,783

At 30th September 2024

1

8,480

8,481

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

4,250

Directors' current accounts

690

Prepayments

1,417

6,357

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

1,719

1,669

Social security and other taxes

390

239

Directors' loan accounts

61,592

Accrued expenses

2,160

65,861

65,660

8.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £10,626.15 (2024: £19,126.80).

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th September 2025 and 30th September 2024:

2025

2024

£

D Bright

Balance outstanding at start of year

690

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

690