Company No: 16035355 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	30.04.2026		30.04.2025
		£		£
Fixed assets
Intangible assets	3	42,674		54,867
Tangible assets	4	214,274		209,136
		256,948		264,003
Current assets
Debtors	5	91,508		83,962
Cash at bank and in hand		5,024		13,479
		96,532		97,441
Creditors: amounts falling due within one year	6	( 408,159)		( 292,684)
Net current liabilities		(311,627)		(195,243)
Total assets less current liabilities		(54,679)		68,760
Creditors: amounts falling due after more than one year	7	( 59,517)		( 84,482)
Provision for liabilities		( 51,473)		( 48,792)
Net liabilities		( 165,669)		( 64,514)
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		( 165,769 )		( 64,614 )
Total shareholder's deficit		( 165,669)		( 64,514)

For the financial year ending 30 April 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Atlantic Laundry & Linen Services Limited (registered number: 16035355) were approved and authorised for issue by the Director on 20 July 2026. They were signed on its behalf by:

R M Hitchins Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Atlantic Laundry & Linen Services Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, , Cornwall, England, TR1 2NA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £165,931. The Company is supported through loans from the Parent Company and connected companies. The director has received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Parent Company will continue to support the Company. After making enquiries, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

5 years straight line

Goodwill

Goodwill arises on business combination and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life, which is 5 years.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line and reducing balance basis over its expected useful life, as follows:

Leasehold improvements	5 years straight line
Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	3 years straight line
Office equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	Year ended 30.04.2026		Period from 22.10.2024 to 30.04.2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	6		8

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 May 2025	60,963		60,963
At 30 April 2026	60,963		60,963
Accumulated amortisation
At 01 May 2025	6,096		6,096
Charge for the financial year	12,193		12,193
At 30 April 2026	18,289		18,289
Net book value
At 30 April 2026	42,674		42,674
At 30 April 2025	54,867		54,867

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£		£
Cost
At 01 May 2025	0		141,061		15,963		68,204		1,657		226,885
Additions	9,315		48,558		0		10,018		0		67,891
At 30 April 2026	9,315		189,619		15,963		78,222		1,657		294,776
Accumulated depreciation
At 01 May 2025	0		5,426		1,995		10,161		167		17,749
Charge for the financial year	932		32,791		3,492		24,985		553		62,753
At 30 April 2026	932		38,217		5,487		35,146		720		80,502
Net book value
At 30 April 2026	8,383		151,402		10,476		43,076		937		214,274
At 30 April 2025	0		135,635		13,968		58,043		1,490		209,136

5. Debtors

	30.04.2026		30.04.2025
	£		£
Trade debtors	20,990		23,198
Amounts owed by fellow subsidiaries	68,630		30,177
Other debtors	1,888		30,587
	91,508		83,962

6. Creditors: amounts falling due within one year

	30.04.2026		30.04.2025
	£		£
Trade creditors	5,061		11,075
Amounts owed to Parent undertakings	343,029		229,830
Other taxation and social security	27,843		1,795
Obligations under finance leases and hire purchase contracts	24,965		45,906
Other creditors	7,261		4,078
	408,159		292,684

7. Creditors: amounts falling due after more than one year

	30.04.2026		30.04.2025
	£		£
Obligations under finance leases and hire purchase contracts	59,517		84,482

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	30.04.2026		30.04.2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

9. Related party transactions

Transactions with owners holding a participating interest in the entity

	30.04.2026		30.04.2025
	£		£
White Cloud Laundry & Linen Services Limited	343,029		268,524
Padstow Laundry Limited	(68,630)		0

During the year White Cloud Laundry & Linen Services Limited advanced £183,652 to Atlantic Laundry & Linen Services Limited and was repaid £109,147.

During the year Padstow Laundry Limited advanced £20,640 and was repaid £89,270 by Atlantic Laundry & Linen Services Limited.

10. Ultimate controlling party

Parent Company:

White Cloud Laundry & Linen Services Limited

The Laundry Little Treviscoe St Austell Cornwall United Kingdom PL26 7QN

White Cloud Laundry & Linen Services Limited owns 100% of the share capital. The ultimate controlling party is Mr R M Hitchins the director who owns 66% of the ordinary share capital of White Cloud Holdings Limited which owns 100% of the share capital of White Cloud Laundry & Linen Services Limited.