Liverpool Community Launderette Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10556191

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		39,255		30,375

			39,255		30,375
CURRENT ASSETS
Debtors	5	21,784		8,234
Cash at bank and in hand		98,339		81,940

		120,123		90,174
Creditors: Amounts Falling Due Within One Year	6	(91,833 )		(66,837 )

NET CURRENT ASSETS (LIABILITIES)			28,290		23,337

TOTAL ASSETS LESS CURRENT LIABILITIES			67,545		53,712

Creditors: Amounts Falling Due After More Than One Year	7		(18,362 )		(18,180 )

NET ASSETS			49,183		35,532

Income and Expenditure Account			49,183		35,532

MEMBERS' FUNDS			49,183		35,532

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Liverpool Community Launderette Ltd

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit 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 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 Income and Expenditure Account.

On behalf of the board

Grace Harrison

Director

8th June 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Liverpool Community Launderette Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 10556191 . The registered office is 77 Grasmere Street, Liverpool, L5 6RH.

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:

Freehold	10% - 20% straight line
Plant & Machinery	20% straight line
Fixtures & Fittings	20% straight line

2.4. Grant Income

Grant income is recognised under Turnover in the Income Statement. Grants received in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas grants received to support operating activities are credited when the expenditure is charged to profit and loss.

Furthermore we'd like to thank the John Moores Foundation for the generous grant of £5,000 which helped contribute towards the continuation of our Free Washing/Drying Scheme and our subsidised DIY Serivces from June 2026 to June 2027.

2.5. Reserves

Reserves at the end of the year were £49,183 (2025: £35,532). The directors aim to designate £25,000 of reserves as a contingency fund to manage future operational risks and to maintain working capital to meet unforeseen needs.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2025: 9)

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Liverpool Community Launderette Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 February 2025	143,916
Additions	21,250

As at 31 January 2026	165,166

Depreciation
As at 1 February 2025	113,541
Provided during the period	12,370

As at 31 January 2026	125,911

Net Book Value
As at 31 January 2026	39,255

As at 1 February 2025	30,375

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	17,068	5,727
Other debtors	4,716	2,507

	21,784	8,234

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	455	741
Other loans	5,490	-
Other creditors	80,415	60,234
Taxation and social security	5,473	5,862

	91,833	66,837

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Other loans	18,362	18,180

8. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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