FRS102 1A Filleted


Company registration number:						09012215
Mounts Bay Linen Hire Ltd

Balance sheet
as at 30 April 2026

		2026		2025
	Note	£	£	£	£
Fixed assets
Tangible assets	5	90,982		67,132
			90,982		67,132
Current assets
Stocks		96,591		81,589
Debtors		109,753		105,989
Cash at bank and in hand		62,746		20,165
			269,090		207,743
Creditors: amounts falling due within one year			(161,069)		(100,900)
Net current assets			108,021		106,843
Total assets less current liabilities			199,003		173,975
Creditors: Amounts falling due after more than one year			(33,891)		(68,057)
NET ASSETS			165,112		105,918

Capital and reserves
Called up share capital			20		2
Profit and loss account			165,092		105,916
TOTAL EQUITY			165,112		105,918


The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 April 2026.

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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.

1


	Company registration number:		09012215
	Mounts Bay Linen Hire Ltd

	Balance sheet - continued
	as at 30 April 2026

	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 Profit and loss account has not been delivered to the Registrar.

	These financial statements were approved by the Board of directors and authorised for issue on 28 September 2026 and signed on its behalf by:

	Mrs J Wright-Hopkins, Director
	28 September 2026

	2


	Mounts Bay Linen Hire Ltd

	Notes to the financial statements
	for the year ended 30 April 2026


	1	Company information

		Mounts Bay Linen Hire Ltd is a private company registered in England and Wales. Its registered number is 09012215. The company is limited by shares. Its registered office is Mounts Bay Linen Hire, Unit 7a, Penzance, Cornwall, TR20 8HX.

	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 historic cost convention.

		Presentation currency
		The company’s financial statements are presented in sterling.

		Going concern
		In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.

		The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

		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 is being amortised on the following basis: Goodwill is amortised on a straight-line basis over its estimated useful life, not exceeding ten years. Goodwill of £17,000 was originally recognised in 2014. No amortisation had previously been charged. In the current year, the goodwill has been fully amortised, and the financial statements reflect this correction..

		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.

		Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.


	3


Mounts Bay Linen Hire Ltd

Notes to the financial statements - continued
for the year ended 30 April 2026

2	Accounting policies - continued

	Tangible fixed assets
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

	Buildings & Structures:
	Improvements to property	-	3% reducing balance
	Structures & Buildings	-	3% straight line
	Motor vehicles	-	10% straight line
	Computer equipment	-	25% straight line

	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 taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

	Current 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.

	Retirement benefits
	The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.

3	Average number of employees

	During the year the average number of employees was 25 (2025 - 25).

4	Goodwill

				£
	Cost
	At 1 May 2025			17,000
	At 30 April 2026			17,000

	Amortisation
	At 1 May 2025			17,000
	At 30 April 2026			17,000

	Net book value

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Mounts Bay Linen Hire Ltd

Notes to the financial statements - continued
for the year ended 30 April 2026

4	Goodwill - continued

	At 30 April 2026		-

	At 30 April 2025		-


5	Tangible fixed assets

			Buildings & Structures
			£
	Cost
	At 1 May 2025		118,854
	Additions		35,767
	Disposals		(7,000)
	At 30 April 2026		147,621

	Depreciation
	At 1 May 2025		51,722
	Charge for year		11,917
	Eliminated on disposal		(7,000)
	At 30 April 2026		56,639

	Net book value
	At 30 April 2026		90,982

	At 30 April 2025		67,132


6	Advances, credit and guarantees granted to directors

	The following advances and credits to directors subsisted during the years ended 30 April 2026 and 30 April 2025.
		2026	2025
		£	£
	Julia Wright-Hopkins
	Balance outstanding at start of year	(13,662)	(37,635)
	Amounts advanced	124,089	69,463
	Amounts repaid	(124,397)	(45,490)
	Balance outstanding at end of year	(13,970)	(13,662)


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	Company registration number:	09012215

	Annual report and unaudited financial statements
	for the year ended 30 April 2026
	for
	Mounts Bay Linen Hire Ltd


	Pages for filing with the Registrar