Company registration number: 05747380
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
McCanns Launderettes Limited
Pages for filing with the Registrar
Company registration number: 05747380
McCanns Launderettes Limited
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets 4 30,000 30,000
Tangible assets 5 6,421 10,212
36,421 40,212
Current assets
Stocks 9,000 9,000
Debtors 8,900 9,148
Cash at bank and in hand 6,400 10,414
24,300 28,562
Creditors: amounts falling due within one year
(45,179) (62,483)
Net current liabilities (20,879) (33,921)
Total assets less current liabilities 15,542 6,291
Creditors: Amounts falling due after more than one year
(3,500) (5,500)
NET ASSETS 12,042 791
Capital and reserves
Called up share capital 2 2
Profit and loss account 12,040 789
TOTAL EQUITY 12,042 791
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 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.
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Company registration number: 05747380
McCanns Launderettes Limited
Balance sheet - continued
as at 31 March 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 21 October 2026 and signed on its behalf by:
Mr R Balkham, Director
21 October 2026
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McCanns Launderettes Limited
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
McCanns Launderettes Limited is a private company registered in England and Wales. Its registered number is 05747380. The company is limited by shares. Its registered office is 312 Portland Road, Hove, BN3 5LP.
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.
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.
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.
Goodwill - the director’s confirmed that they do not wish to amortise the goodwill
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.
Plant and machinery etc.:
Plant and machinery - 33.33% straight line
Motor vehicles - 25% straight line
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McCanns Launderettes Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
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.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
3 Average number of employees
During the year the average number of employees was 2 (2025 - 2).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2025 30,000
At 31 March 2026 30,000
Amortisation
At 31 March 2026 -
4
McCanns Launderettes Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
4 Intangible assets - continued
Net book value
At 31 March 2026 30,000
At 31 March 2025 30,000
5 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 April 2025 56,932
At 31 March 2026 56,932
Depreciation
At 1 April 2025 46,720
Charge for year 3,791
At 31 March 2026 50,511
Net book value
At 31 March 2026 6,421
At 31 March 2025 10,212
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