Trident Laundrettes Limited

Trident Laundrettes Limited

TRIDENT LAUNDRETTES LIMITED - Company Information

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1 September 2019 false No description of principal activity Taxfiler 2020.15 04513956business:PrivateLimitedCompanyLtd2019-09-012020-08-31 045139562019-08-31 045139562019-09-012020-08-31 04513956business:AuditExemptWithAccountantsReport2019-09-012020-08-31 04513956business:FullAccounts2019-09-012020-08-31 045139562020-08-31 04513956business:Director12019-09-012020-08-31 04513956business:RegisteredOffice2019-09-012020-08-31 045139562019-08-31 04513956core:WithinOneYear2020-08-31 04513956core:WithinOneYear2019-08-31 04513956core:ShareCapital2020-08-31 04513956core:ShareCapital2019-08-31 04513956core:RetainedEarningsAccumulatedLosses2020-08-31 04513956core:RetainedEarningsAccumulatedLosses2019-08-31 04513956business:SmallEntities2019-09-012020-08-31 04513956countries:EnglandWales2019-09-012020-08-31 04513956core:PlantMachinery2019-09-012020-08-31 04513956core:Goodwill2019-08-31 04513956core:Goodwill2020-08-31 04513956core:PlantMachinery2019-08-31 04513956core:PlantMachinery2020-08-31 045139562018-09-012019-08-31 iso4217:GBP xbrli:pure
Company Registration No. 04513956 (England and Wales)
Trident Laundrettes Limited Unaudited accounts for the year ended 31 August 2020
Trident Laundrettes Limited Unaudited accounts Contents
Page
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Trident Laundrettes Limited Company Information for the year ended 31 August 2020
Director
Demetrios Photiou
Company Number
04513956 (England and Wales)
Registered Office
120 Cavendish Place Eastbourne East Sussex BN21 3TZ
Accountants
Diamond Accounts Limited 120 Cavendish Place Eastbourne East Sussex BN21 3TZ
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Trident Laundrettes Limited Accountants' report
Accountants' report to the director of Trident Laundrettes Limited on the preparation of the unaudited statutory accounts for the year ended 31 August 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Trident Laundrettes Limited for the year ended 31 August 2020 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Trident Laundrettes Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Trident Laundrettes Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Trident Laundrettes Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Trident Laundrettes Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Trident Laundrettes Limited. You consider that Trident Laundrettes Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Trident Laundrettes Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Diamond Accounts Limited 120 Cavendish Place Eastbourne East Sussex BN21 3TZ 8 December 2020
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Trident Laundrettes Limited Statement of financial position as at 31 August 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
5,000 
5,000 
Tangible assets
5
2,671 
3,561 
7,671 
8,561 
Current assets
Debtors
6
111,260 
115,204 
Cash at bank and in hand
9,386 
218 
120,646 
115,422 
Creditors: amounts falling due within one year
7
(6,177)
(5,708)
Net current assets
114,469 
109,714 
Net assets
122,140 
118,275 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
122,138 
118,273 
Shareholders' funds
122,140 
118,275 
For the year ending 31 August 2020 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 December 2020 and were signed on its behalf by
Demetrios Photiou Director Company Registration No. 04513956
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Trident Laundrettes Limited Notes to the Accounts for the year ended 31 August 2020
1
Statutory information
Trident Laundrettes Limited is a private company, limited by shares, registered in England and Wales, registration number 04513956. The registered office is 120 Cavendish Place, Eastbourne, East Sussex, BN21 3TZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2019
5,000 
At 31 August 2020
5,000 
Amortisation
At 1 September 2019
- 
At 31 August 2020
- 
Net book value
At 31 August 2020
5,000 
At 31 August 2019
5,000 
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Trident Laundrettes Limited Notes to the Accounts for the year ended 31 August 2020
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2019
36,899 
At 31 August 2020
36,899 
Depreciation
At 1 September 2019
33,338 
Charge for the year
890 
At 31 August 2020
34,228 
Net book value
At 31 August 2020
2,671 
At 31 August 2019
3,561 
6
Debtors
2020 
2019 
£ 
£ 
Other debtors
111,260 
115,204 
7
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Taxes and social security
- 
83 
Other creditors
6,177 
5,625 
6,177 
5,708 
8
Average number of employees
During the year the average number of employees was 1 (2019: 1).
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