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REGISTERED NUMBER: 05012298 (England and Wales)













FRANCES KEELING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2022






FRANCES KEELING LIMITED (REGISTERED NUMBER: 05012298)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


FRANCES KEELING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2022







DIRECTOR: Mr I B Senior





REGISTERED OFFICE: 165 Racecommon Road
Barnsley
South Yorkshire
S70 6JY





REGISTERED NUMBER: 05012298 (England and Wales)





ACCOUNTANTS: Harrison & Co
Chartered Accountants
531 Denby Dale Road West
Calder Grove
Wakefield
West Yorkshire
WF4 3ND

FRANCES KEELING LIMITED (REGISTERED NUMBER: 05012298)

ABRIDGED BALANCE SHEET
31 JANUARY 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 5,039 4,587
5,039 4,587

CURRENT ASSETS
Stocks 1,347 1,019
Cash in hand 4,823 4,808
6,170 5,827
CREDITORS
Amounts falling due within one year 9,502 5,240
NET CURRENT (LIABILITIES)/ASSETS (3,332 ) 587
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,707

5,174

PROVISIONS FOR LIABILITIES 958 872
NET ASSETS 749 4,302

CAPITAL AND RESERVES
Called up share capital 30 30
Retained earnings 719 4,272
SHAREHOLDERS' FUNDS 749 4,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

FRANCES KEELING LIMITED (REGISTERED NUMBER: 05012298)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 17 August 2022 and were signed by:





Mr I B Senior - Director


FRANCES KEELING LIMITED (REGISTERED NUMBER: 05012298)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022

1. STATUTORY INFORMATION

Frances Keeling Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
The director deemed it prudent to write off the whole of the goodwill in 2009 on the belief that after five years since the goodwill was purchased it no longer had a value.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

FRANCES KEELING LIMITED (REGISTERED NUMBER: 05012298)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2021
and 31 January 2022 15,000
AMORTISATION
At 1 February 2021
and 31 January 2022 15,000
NET BOOK VALUE

At 31 January 2022 -
At 31 January 2021 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2021 13,892 809 14,701
Additions 975 - 975
At 31 January 2022 14,867 809 15,676
DEPRECIATION
At 1 February 2021 9,513 601 10,114
Charge for year 471 52 523
At 31 January 2022 9,984 653 10,637
NET BOOK VALUE
At 31 January 2022 4,883 156 5,039
At 31 January 2021 4,379 208 4,587

6. ULTIMATE CONTROLLING PARTY

Mr Senior is considered to be the ultimate controlling party by virtue of his controlling shareholding in the company.