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DUNDRY CLEANING LTD - Company Information

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Dundry Cleaning Ltd

Registered Number:08383693

For the year ended 31 January 2017

England and Wales

Unaudited Financial Statements

For the year ended 31 January 2017

Dundry Cleaning Ltd

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 January 2017

Dundry Cleaning Ltd

Statement of Financial Position

Registered Number :

08383693

2016

2017

Notes

Fixed assets

Property, plant and equipment

4,070

4,032

4,070

4,032

Current assets

Trade and other receivables

15,371

7,963

410

Cash and cash equivalents

12,224

20,187

15,781

Trade and other payables: amounts falling due within one

year

(19,937)

(24,179)

(4,156)

(3,992)

Net current liabilities

Total assets less current liabilities

(124)

Net assets/liabilities

(124)

Capital and reserves

Called up share capital

Retained earnings

(125)

(124)

Shareholders' funds

For the year ended 31 January 2017 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 of its financial statements for the year ended 31 January 2017 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

Mr Ian Thomas Huxham Director

These financial statements were approved and authorised for issue by the Board on 21 June 2017 and were signed by:

The notes form part of these financial statements

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For the year ended 31 January 2017

Dundry Cleaning Ltd

Notes to the Financial Statements

Statutory Information

Dundry Cleaning Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration

number 08383693.

Registered address:

5 Colliers Rise

Radstock

BA3 3AU

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

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

Property, plant and equipment

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

25% Reducing balance

Computer equipment

25% Reducing balance

Motor vehicles

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

2. Property, plant and equipment

Total

Computer

equipment

Motor vehicles

Plant and

machinery

Cost or

valuation

At 01 February 2016

7,172

1,025

4,958

1,189

1,406

206

1,200

Additions

At 31 January 2017

1,189

6,158

1,231

8,578

Provision for depreciation and impairment

At 01 February 2016

3,140

256

2,318

566

Charge for year

1,368

244

960

164

At 31 January 2017

4,508

500

3,278

730

At 31 January 2017

Net book value

459

2,880

731

4,070

At 31 January 2016

623

2,640

769

4,032

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For the year ended 31 January 2017

Dundry Cleaning Ltd

Notes to the Financial Statements Continued

3. Trade and other receivables

2016

2017

Trade debtors

5,383

4,591

Prepayments and accrued income

250

Amounts owed by directors

2,580

10,530

15,371

7,963

4. Trade and other payables: amounts falling due within one year

2016

2017

Bank loans and overdraft

7,814

9,354

Trade creditors

273

3,222

Taxation and social security

15,092

3,505

Accruals and deferred income

1,000

970

Other creditors

2,886

24,179

19,937

Taxation and social security includes amounts of £8,225 (2016: £ 2,953) for VAT, £4,121 (2016: £1,834) for PAYE and £2,746 (2016: £nil) for Corporation Tax.

5. Average number of persons employed

During the year the average number of employees was 13 (2016 : 9)

6. Transition to FRS 102

These financial statements for the period ended 31 January 2017 are the first financial statements to comply with

FRS 102 Section 1A. The transition date is 1 February 2015. The transaction to FRS 102 Section 1A has not

resulted in changes in the accounting policy to those used previously.

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