Gold Street Laundry Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13055949

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		176,999		196,666

			176,999		196,666
CURRENT ASSETS
Debtors	5	126,962		104,604
Cash at bank and in hand		10,058		12,607

		137,020		117,211
Creditors: Amounts Falling Due Within One Year	6	(337,722 )		(339,654 )

NET CURRENT ASSETS (LIABILITIES)			(200,702 )		(222,443 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(23,703 )		(25,777 )

NET LIABILITIES			(23,703 )		(25,777 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(23,803 )		(25,877 )

SHAREHOLDERS' FUNDS			(23,703)		(25,777)

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Gold Street Laundry Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 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 Profit and Loss Account.

On behalf of the board

Mr Stephen Griffiths

Director

10/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Gold Street Laundry Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13055949 . The registered office is Cumberland House, 24 - 28 baxter Avenue, Southend on Sea, Essex, SS2 6HZ.

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. Going Concern Disclosure

The company is insolvent but the accounts are prepared on a going concern basis. The major creditor is the company's parent company which will continue to support the business.

2.3. 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.

2.4. 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:

Plant & Machinery

10% Reducing balance

2.5. Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

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Gold Street Laundry Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 January 2025	299,750

As at 31 December 2025	299,750

Depreciation
As at 1 January 2025	103,084
Provided during the period	19,667

As at 31 December 2025	122,751

Net Book Value
As at 31 December 2025	176,999

As at 1 January 2025	196,666

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	84,000	80,640
Other debtors	42,962	23,964

	126,962	104,604

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	220	-
Other creditors	337,502	339,654

	337,722	339,654

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Gold Street Laundry Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Related Party Transactions

The amount for trade debtors relates to The Saffron Walden Steam Laundry Company Limited, an associated company, invoices were raised in the year totalling £33,600 net of VAT (2024: £33,600) and £84,000 Gross was outstanding at the year end (2024: £80,640).

Included in other debtors is an amount owed from The Saffron Walden Steam Laundry Company Limited, an associated company, of £30,598 (2024: £11,618). This relates to an interest free loan.

Also included in other creditors is £336,462 (2024: £338,654) owed to SWSL Holdings Limited, the parent company, for loans received, together with interest chaged on these loans totalling £12,882 (2024: £12,882).

9. Controlling Party

The company is controlled by its parent company.

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