My Laundry Room Ltd Accounts

MY LAUNDRY ROOM LIMITED - Company Information






My Laundry Room Ltd
	Company No. 08536018
		Abbreviated Accounts
		31 May 2016

at	31 May 2016

Company No.		08536018	Notes	2016	2015
				£	£
Fixed assets

	Tangible assets		2	6,984	13,969

				6,984	13,969
Current assets



	Cash at bank and in hand			500	1,000
				500	1,000
Creditors: Amounts falling due within one year				(11,619)	(19,266)
Net current liabilities				(11,119)	(18,266)
Total assets less current liabilities				(4,135)	(4,297)




Net liabilities				(4,135)	(4,297)

Capital and reserves
	Called up share capital		3	100	100



	Profit and loss account			(4,235)	(4,397)

Shareholder's funds				(4,135)	(4,297)

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 31 May 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 31 May 2016

And signed on its behalf by:

A.G. Khatri
Director
31 May 2016

for the year ended 31 May 2016

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible fixed assets and depreciation

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

Plant and machinery

25% Straight Line

Intangible fixed assets and amortisation

Intangible fixed assets (including purchased goodwill, patents and trademarks and research and development costs) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is reviewed where circumstances indicate that the carrying value of an assets may not be fully recoverable.

2	Fixed assets
		Tangible fixed assets	Total
		£	£
	Cost or revaluation
	At 1 June 2015	27,938	27,938




	At 31 May 2016	27,938	27,938
	Amortisation
	At 1 June 2015	13,969	13,969
	Charge for the year	6,985	6,985



	At 31 May 2016	20,954	20,954
	Net book values
	At 31 May 2016	6,984	6,984
	At 31 May 2015	13,969	13,969

3	Share Capital
		Nominal value	2016	2016	2015
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary	1.00	100	100	100




				100	100