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REGISTERED NUMBER: 07205687 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

FREEBURN ROBOTICS LIMITED

FREEBURN ROBOTICS LIMITED (REGISTERED NUMBER: 07205687)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FREEBURN ROBOTICS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTOR: Ms K R Freeburn



REGISTERED OFFICE: 15 Earith Business Park
Meadow Drove
Earith
Cambridgeshire
PE28 3QF



REGISTERED NUMBER: 07205687 (England and Wales)



ACCOUNTANTS: N C Graves & Co
19 Oak Grove
Hertford
Hertfordshire
SG13 8AT



BANKERS: Barclays Bank PLC
Huntingdon
Leicester
LE87 2BB

FREEBURN ROBOTICS LIMITED (REGISTERED NUMBER: 07205687)

BALANCE SHEET
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,080 1,483

CURRENT ASSETS
Debtors 5 16,957 35,736
Cash at bank 22,301 7,632
39,258 43,368
CREDITORS
Amounts falling due within one year 6 25,751 21,669
NET CURRENT ASSETS 13,507 21,699
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,587

23,182

CREDITORS
Amounts falling due after more than one
year

7

(15,166

)

(22,167

)

PROVISIONS FOR LIABILITIES (580 ) (280 )
NET ASSETS 841 735

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 741 635
SHAREHOLDERS' FUNDS 841 735

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

FREEBURN ROBOTICS LIMITED (REGISTERED NUMBER: 07205687)

BALANCE SHEET - continued
31 March 2023


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

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

The financial statements were approved by the director and authorised for issue on 6 October 2023 and were signed by:





Ms K R Freeburn - Director


FREEBURN ROBOTICS LIMITED (REGISTERED NUMBER: 07205687)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Freeburn Robotics 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

FREEBURN ROBOTICS LIMITED (REGISTERED NUMBER: 07205687)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 24,348
Additions 3,010
At 31 March 2023 27,358
DEPRECIATION
At 1 April 2022 22,865
Charge for year 1,413
At 31 March 2023 24,278
NET BOOK VALUE
At 31 March 2023 3,080
At 31 March 2022 1,483

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 10,032 9,878
Other debtors 6,925 25,858
16,957 35,736

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 7,318 7,102
Trade creditors - 222
Taxation and social security 12,378 11,880
Other creditors 6,055 2,465
25,751 21,669

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 15,166 22,167

FREEBURN ROBOTICS LIMITED (REGISTERED NUMBER: 07205687)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
Ms K R Freeburn
Balance outstanding at start of year 18,100 11,687
Amounts advanced - 18,100
Amounts repaid (18,100 ) (11,687 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 18,100



9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms K R Freeburn.