BELMONT LAUNDRY LIMITED

BELMONT LAUNDRY LIMITED

BELMONT LAUNDRY LIMITED - Company Information

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BELMONT LAUNDRY LIMITED

Company Registration Number:
02070326 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2017

Period of accounts

Start date: 01 November 2016

End date: 31 October 2017

BELMONT LAUNDRY LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2017

Balance sheet
Notes

BELMONT LAUNDRY LIMITED

Balance sheet

As at 31 October 2017


Notes
2017
2016


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,267,793 2,225,650
Total fixed assets: 2,267,793 2,225,650
Current assets
Stocks: 4,429 6,389
Debtors:   1,872,728 1,567,283
Cash at bank and in hand: 51,414 309,139
Total current assets: 1,928,571 1,882,811
Creditors: amounts falling due within one year:   (1,586,113) (1,342,333)
Net current assets (liabilities): 342,458 540,478
Total assets less current liabilities: 2,610,251 2,766,128
Creditors: amounts falling due after more than one year:   (1,212,982) (1,351,959)
Provision for liabilities: (135,392) (156,578)
Total net assets (liabilities): 1,261,877 1,257,591
Capital and reserves
Called up share capital: 10,206 10,206
Share premium account: 19,776 19,776
Profit and loss account: 1,231,895 1,227,609
Shareholders funds: 1,261,877 1,257,591

The notes form part of these financial statements

BELMONT LAUNDRY LIMITED

Balance sheet statements

For the year ending 31 October 2017 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 July 2018
and signed on behalf of the board by:

Name: Mr M J Middleton
Status: Director

The notes form part of these financial statements

BELMONT LAUNDRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates, and discounts.

Tangible fixed assets and depreciation policy

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

BELMONT LAUNDRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

2. Employees

2017 2016
Average number of employees during the period 160 138

BELMONT LAUNDRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

3. Tangible Assets

Total
Cost £
At 01 November 2016 3,992,776
Additions 417,498
Disposals (30,705)
At 31 October 2017 4,379,569
Depreciation
At 01 November 2016 1,767,126
Charge for year 371,605
On disposals (26,955)
At 31 October 2017 2,111,776
Net book value
At 31 October 2017 2,267,793
At 31 October 2016 2,225,650