Archway Road Launderette Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00635586 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2018

for

ARCHWAY ROAD LAUNDERETTE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

Mrs S A State

Mrs S J Lawrence

Mr M V Alderslade

Secretary:

Mrs S J Lawrence

Registered office:

Coopers House

65a Wingletye Lane

Hornchurch

Essex

RM11 3AT

Registered number:

00635586 (England and Wales)

Accountants:

Haines Watts Essex LLP

Chartered Accountants

Coopers House

65a Wingletye Lane

Hornchurch

Essex

RM11 3AT

Current assets

Debtors

3

350,265

Cash in hand

30

350,295

Creditors

Amounts falling due within one year

4

350,292

Net current assets

3

Total assets less current liabilities

3

Capital and reserves

Called up share capital

5

3

Shareholders' funds

3

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

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.

The financial statements were approved by the Board of Directors on 30 September 2019 and were signed on its behalf
by:

Mrs S J Lawrence - Director

1.	Statutory information

Archway Road Launderette Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company Information

page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 historical cost convention.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a

party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial

recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the

effective interest rate method. A provision is established when there is objective evidence that the company will

not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank

and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the

substance of the contractual arrangements entered into and the definitions of a financial liability and an equity

instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company

after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds

received, net of direct issue costs.

3.

Debtors: amounts falling due within one year

31.12.18

31.12.17

£

Other debtors

350,265

4.

Creditors: amounts falling due within one year

31.12.18

31.12.17

£

Other creditors

350,292

5.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.18

31.12.17

value:

£

3

Ordinary

£1

3

6.	Related party disclosures

Included in other debtors and other creditors due within one year are the following amounts in respect of related

companies:

Other debtors

Launderette Maintenance (Hornsey) Ltd

£335,004

Tollington Launderette Ltd

£15,261

Other creditors

Lilley Brothers Ltd

£200,021

HV Alderslade & Co Ltd

£149,340

Prioryheath Investments Ltd

£932

Archway Road Launderette Limited - Accounts to registrar (filleted) - small 18.2

Archway Road Launderette Limited - Accounts to registrar (filleted) - small 18.2