CORNWALL DRY CLEANERS LIMITED

CORNWALL DRY CLEANERS LIMITED
Contents Page
For the year ended 31 July 2026

Balance Sheet	1
Notes to the Financial Statements	2

CORNWALL DRY CLEANERS LIMITED
Balance Sheet
As at 31 July 2026

	Notes	2026 £
Fixed assets
Tangible fixed assets	3	7,001
		7,001
Current assets
Stocks		500
Cash at bank and in hand		69,474
		69,974
Creditors: amount falling due within one year		(49,324)
Net current assets		20,650

Total assets less current liabilities		27,651
Net assets		27,651

Capital and reserves
Called up share capital	4	100
Profit and loss account		27,551
Shareholders' funds		27,651

For the year ended 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 of Companies.

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 by the board of directors on 11 October 2026 and were signed on its behalf by:

-------------------------------
Kok Weng Tham
Director

1

CORNWALL DRY CLEANERS LIMITED
Notes to the Abridged Financial Statements
For the year ended 31 July 2026

General Information

CORNWALL DRY CLEANERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04816252, registration address 23 HAVEN LANE, EALING LONDON, W5 2HZ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

4 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 3.

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 01 August 2025	55,794	55,794
Additions	8,168	8,168
Disposals	-	-
At 31 July 2026	63,962	63,962
Depreciation
At 01 August 2025	54,481	54,481
Charge for year	2,480	2,480
On disposals	-	-
At 31 July 2026	56,961	56,961
Net book values
Closing balance as at 31 July 2026	7,001	7,001
Opening balance as at 01 August 2025	1,313	1,313

4.

Share Capital

Allotted, called up and fully paid	2026 £
100 Class A shares of £1.00 each	100
	100

2