Monarch Laundry (Yeovil) Limited


Directors	Forbes, Andrew Bryan Hood
	Forbes, Sarah


Registered Address	88 Eastland Road
	Yeovil
	BA21 4EX


Registered Number	05245174 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		113,306		106,537
			113,306		106,537
Current assets
Stocks		40,587		12,395
Debtors	5	54,072		44,825
Cash at bank and on hand		6,899		18,286
		101,558		75,506
Creditors amounts falling due within one year	6	(110,887)		(67,099)
Net current assets (liabilities)			(9,329)		8,407
Total assets less current liabilities			103,977		114,944
Creditors amounts falling due after one year	7		(68,360)		(67,840)
Provisions for liabilities			(13,853)		(12,758)
Net assets			21,764		34,346
Capital and reserves
Called up share capital			186		186
Revaluation reserve			13,528		13,446
Profit and loss account			8,050		20,714
Shareholders' funds			21,764		34,346

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 22 July 2026, and are signed on its behalf by:

Forbes, Sarah
Director
Registered Company No. 05245174

Monarch Laundry (Yeovil) Limited

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from rendering of services
	Revenue 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Plant and machinery etc - 25% reducing balance, 15% reducing balance and 2% on cost Excess depreciation on revalued assets will be transferred to the revaluation reserve on their disposal.

	Finance leases and hire purchase contracts
	Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees
	The following average number of employees includes a director.


		2025		2024
	Average number of employees during the year	8		10

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 November 24	246,905
	Additions	21,235
	At 31 October 25	268,140
	Depreciation and impairment
	At 01 November 24	140,369
	Charge for year	14,465
	At 31 October 25	154,834
	Net book value
	At 31 October 25	113,306
	At 31 October 24	106,537

4.	Revaluation of property, plant and equipment
	If plant and machinery had not been revalued they would have been included at the following historical cost. 2025 Cost - £160,036 Aggregate depreciation - £117,301 2024 Cost - £138,801 Aggregate depreciation - £109,489 Plant and machinery were valued on an open market basis on 31 October 2025 by the directors. The amount of the valuation being carried forward is as follows:-

		2025		2024
		£		£
	Property, plant and equipment / tangible fixed assets	13,951		13,951

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	50,425	36,207
Amounts owed by associates and joint ventures / participating interests	3,445	8,415
Prepayments and accrued income	202	203
Total	54,072	44,825


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	2,118	3,288
Bank borrowings and overdrafts	24,883	11,100
Amounts owed to related parties	20,271	-
Taxation and social security	44,167	39,262
Finance lease and HP contracts	2,500	2,500
Other creditors	9,660	2,871
Accrued liabilities and deferred income	7,288	8,078
Total	110,887	67,099


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	63,882	61,382
Other creditors	4,478	6,458
Total	68,360	67,840