REGISTERED NUMBER: 11984879 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

WASHSTATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Mitchell

F Lampole

REGISTERED OFFICE:

Unit 4 Northfield Farm

Wantage Road

Great Shefford

Hungerford

Berkshire

RG17 7BY

REGISTERED NUMBER:

11984879 (England and Wales)

ACCOUNTANTS:

Prime

Chartered Accountants

5 Argosy Court

Scimitar Way

Whitley Business Park

Coventry

CV3 4GA

FIXED ASSETS

Intangible assets

4

58,923

37,309

Tangible assets

5

3,684,838

3,452,297

Investments

6

85

85

3,743,846

3,489,691

CURRENT ASSETS

Stocks

1,466,845

694,095

Debtors

7

251,466

438,443

Cash at bank

162,309

329,485

1,880,620

1,462,023

CREDITORS

Amounts falling due within one year

8

3,018,207

2,683,751

NET CURRENT LIABILITIES

(1,137,587

)

(1,221,728

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,606,259

2,267,963

CREDITORS

Amounts falling due after more than one year

9

1,914,071

1,379,016

NET ASSETS

692,188

888,947

CAPITAL AND RESERVES

Called up share capital

3,550,000

3,300,000

Retained earnings

(2,857,812

)

(2,411,053

)

692,188

888,947

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 15 June 2026 and were signed on its behalf by:

K Mitchell - Director

1.	STATUTORY INFORMATION

Washstation 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 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 2019, is being amortised evenly over its estimated useful life of five years.

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.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Laundry equipment

Depreciated over the greater of 8 years or the life of the underlying contract

Installation costs

Depreciated over the life of the underlying contract

Motor vehicles

20% straight line

Fixtures & fittings

20% straight line

Technical equipment

20% straight line

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 27 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 July 2024

152,460

68,945

221,405

Additions

-

46,308

46,308

At 30 June 2025

152,460

115,253

267,713

AMORTISATION

At 1 July 2024

152,460

31,636

184,096

Charge for year

-

24,694

24,694

At 30 June 2025

152,460

56,330

208,790

NET BOOK VALUE

At 30 June 2025

-

58,923

58,923

At 30 June 2024

-

37,309

37,309

5.	TANGIBLE FIXED ASSETS

Fixtures

Technical

Laundry

and

equipment

equipment

fittings

£

£

£

COST

At 1 July 2024

76,012

4,355,844

38,411

Additions

10,158

717,440

5,273

Disposals

-

(461,710

)

-

At 30 June 2025

86,170

4,611,574

43,684

DEPRECIATION

At 1 July 2024

17,152

1,913,831

13,556

Charge for year

19,990

549,047

7,682

Eliminated on disposal

-

(396,893

)

-

At 30 June 2025

37,142

2,065,985

21,238

NET BOOK VALUE

At 30 June 2025

49,028

2,545,589

22,446

At 30 June 2024

58,860

2,442,013

24,855

Motor

Installation

vehicles

costs

Totals

£

£

£

COST

At 1 July 2024

183,412

1,229,332

5,883,011

Additions

14,614

317,849

1,065,334

Disposals

-

(21,826

)

(483,536

)

At 30 June 2025

198,026

1,525,355

6,464,809

DEPRECIATION

At 1 July 2024

171,753

314,422

2,430,714

Charge for year

12,486

178,771

767,976

Eliminated on disposal

-

(21,826

)

(418,719

)

At 30 June 2025

184,239

471,367

2,779,971

NET BOOK VALUE

At 30 June 2025

13,787

1,053,988

3,684,838

At 30 June 2024

11,659

914,910

3,452,297

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2024

and 30 June 2025

85

NET BOOK VALUE

At 30 June 2025

85

At 30 June 2024

85

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

192,227

211,154

Amounts owed by group undertakings

-

71,439

Other debtors

59,239

155,850

251,466

438,443

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other borrowings

468,008

268,743

Hire purchase contracts (see note 10)

456,334

163,888

Trade creditors

18,128

53,030

Amounts owed to group undertakings

8,745

-

Taxation and social security

311,197

224,065

Other creditors

1,755,795

1,974,025

3,018,207

2,683,751

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 10)

1,914,071

911,008

Other borrowings

-

468,008

1,914,071

1,379,016

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

182,431

80,116

10.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

456,334

163,888

Between one and five years

1,731,640

830,892

In more than five years

182,431

80,116

2,370,405

1,074,896