LUXURIOUS HOME CLEANING AND IRONING

UNAUDITED ACCOUNTS
FOR THE PERIOD FROM 1 OCTOBER 2019 TO 31 MARCH 2020
 LUXURIOUS HOME CLEANING AND IRONING
UNAUDITED ACCOUNTS
CONTENTS

Page
Business information 3

Approval of the accounts 4

Accountants' report 5

Profit and loss account 6

Balance sheet 7

Notes to the accounts 8

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 LUXURIOUS HOME CLEANING AND IRONING
BUSINESS INFORMATION

Proprietor Mrs Penelope Woodward

6 Catbrook
Chipping Campden
Gloucestershire
GL55 6DF

Business address 6 Catbrook

Chipping Campden
Gloucestershire
GL55 6DF

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 LUXURIOUS HOME CLEANING AND IRONING
APPROVAL OF THE ACCOUNTS
FOR THE PERIOD FROM 1 OCTOBER 2019 TO 31 MARCH 2020

I approve these accounts, comprising the Profit and Loss account, the Balance Sheet and the related notes. I confirm that I have
made available all relevant records and information.

...............................................................

Mrs P Woodward

22 April 2020

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 LUXURIOUS HOME CLEANING AND IRONING
ACCOUNTANTS' REPORT

Accountants' report on the unaudited accounts of Luxurious Home Cleaning and Ironing for the period from 1
October 2019 to 31 March 2020

In accordance with the terms of our engagement letter, we have prepared for your approval the accounts for the period from 1
October 2019 to 31 March 2020 which comprise the Profit and Loss Account, the Balance Sheet and the related notes.

We have compiled these unaudited accounts from the accounting records, information and explanations that you have given us.

22 April 2020

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 LUXURIOUS HOME CLEANING AND IRONING
PROFIT AND LOSS ACCOUNT
FOR THE PERIOD FROM 1 OCTOBER 2019 TO 31 MARCH 2020

2020
£

Turnover 10,680

Cost of sales (201)

Gross profit 10,479

Expenses
Car, van and travel expenses 756
Rent, rates, power and insurance costs 60
Phone, fax, stationery and other office costs 153
Bank, credit card and other financial charges 11
Accountancy, legal and other professional fees 306
Depreciation and loss/profit on sale of assets 275
Other business expenses 62

1,623

Profit 8,856

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 LUXURIOUS HOME CLEANING AND IRONING
BALANCE SHEET
AS AT 31 MARCH 2020

2020
Notes £

Fixed assets
Equipment, machinery and motor vehicles 2 413

Current assets
Trade debtors 134
Other current assets and prepayments 163

297

Current liabilities
Other liabilities and accruals 451

Net current liabilities (154)

Net assets 259

Capital account
Balance at start of period -
Net profit 8,856
Drawings (8,597)

259

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 LUXURIOUS HOME CLEANING AND IRONING
NOTES TO THE ACCOUNTS
FOR THE PERIOD FROM 1 OCTOBER 2019 TO 31 MARCH 2020

1 Accounting policies

Accounting basis
The accounts have been prepared under the historical cost convention and in accordance with UK Generally Accepted
Accounting Practice.

Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of
services provided to customers.

Tangible fixed assets policy

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Plant & machinery 2 years

Computer equipment 5 years

2 Plant, machinery and motor vehicles Plant & Computer Total

machinery equipment
£ £ £
Cost
At 1 October 2019 - - -
Additions 459 230 689

At 31 March 2020 459 230 689

Depreciation
Charge for the year 230 46 276

At 31 March 2020 230 46 276

Net book value

At 31 March 2020 229 184 413

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