Company Registration No. 12616451 (England and Wales)
Regent Drycleaning & Laundry Ltd
Unaudited accounts
for the year ended 31 May 2022
Regent Drycleaning & Laundry Ltd
Unaudited accounts
Contents
Regent Drycleaning & Laundry Ltd
Company Information
for the year ended 31 May 2022
Company Number
12616451 (England and Wales)
Registered Office
594 Fulham Road
London
SW6 5NT
Accountants
Murugesu Associates
77 Milson Road
West Kensington
London
W14 0LH
Regent Drycleaning & Laundry Ltd
Statement of financial position
as at
31 May 2022
Tangible assets
19,845
22,050
Cash at bank and in hand
167
313
Creditors: amounts falling due within one year
(6,137)
(10,895)
Net current liabilities
(5,970)
(10,582)
Called up share capital
1
1
Profit and loss account
13,874
11,467
Shareholders' funds
13,875
11,468
For the year ending 31 May 2022 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 20 March 2023 and were signed on its behalf by
Banaz Ali
Director
Company Registration No. 12616451
Regent Drycleaning & Laundry Ltd
Notes to the Accounts
for the year ended 31 May 2022
Regent Drycleaning & Laundry Ltd is a private company, limited by shares, registered in England and Wales, registration number 12616451. The registered office is 594 Fulham Road, London, SW6 5NT.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
10% on net book valu
Fixtures & fittings
10% on net book value
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2021
23,000
1,500
24,500
At 31 May 2022
23,000
1,500
24,500
At 1 June 2021
2,300
150
2,450
Charge for the year
2,070
135
2,205
At 31 May 2022
4,370
285
4,655
At 31 May 2022
18,630
1,215
19,845
At 31 May 2021
20,700
1,350
22,050
5
Creditors: amounts falling due within one year
2022
2021
Loans from directors
5,237
10,115
Regent Drycleaning & Laundry Ltd
Notes to the Accounts
for the year ended 31 May 2022
6
Average number of employees
During the year the average number of employees was 0 (2021: 0).