THE FRAMING WORKSHOP LIMITED

Company Registration Number:
SC243746 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

THE FRAMING WORKSHOP LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

THE FRAMING WORKSHOP LIMITED

Company Information

for the Period Ended 31 March 2022




Registered office: 16/18
Clarendon Place
Glasgow
G20 7PZ
Company Registration Number: SC243746 (Scotland)

THE FRAMING WORKSHOP LIMITED

Balance sheet

As at 31 March 2022


Notes

2022
£

2021
£
Fixed assets
Tangible assets: 4 17,740 169,679
Total fixed assets: 17,740 169,679
Current assets
Stocks: 10,877 13,045
Debtors: 652,911 39,087
Cash at bank and in hand: 41,640 340,847
Total current assets: 705,428 392,979
Creditors: amounts falling due within one year: ( 79,238 ) ( 50,328 )
Net current assets (liabilities): 626,190 342,651
Total assets less current liabilities: 643,930 512,330
Provision for liabilities: ( 3,371 ) ( 5,734 )
Total net assets (liabilities): 640,559 506,596

The notes form part of these financial statements

THE FRAMING WORKSHOP LIMITED

Balance sheet continued

As at 31 March 2022


Notes

2022
£

2021
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 640,459 506,496
Shareholders funds: 640,559 506,596

For the year ending 31 March 2022 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 10 August 2022
And Signed On Behalf Of The Board By:

Name: Gary Merchant
Status: Director

The notes form part of these financial statements

THE FRAMING WORKSHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 1. Accounting policies

    Basis of measurement and preparation

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

THE FRAMING WORKSHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 2. Employees


    2022

    2021
    Average number of employees during the period 20 20

THE FRAMING WORKSHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 3. Off balance sheet disclosure

    No

THE FRAMING WORKSHOP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Tangible Assets

Total
Cost £
At 01 April 2021 280,053
Additions -
Disposals (190,505)
Revaluations -
Transfers -
At 31 March 2022 89,548
Depreciation
At 01 April 2021 110,374
Charge for year 5,084
On disposals (43,650)
Other adjustments -
At 31 March 2022 71,808
Net book value
At 31 March 2022 17,740
At 31 March 2021 169,679