Company Registration No. 05546466 (England and Wales)
Frilford Homes Ltd
Unaudited accounts
for the year ended 31 January 2023
Frilford Homes Ltd
Unaudited accounts
Contents
Frilford Homes Ltd
Company Information
for the year ended 31 January 2023
Company Number
05546466 (England and Wales)
Registered Office
11 White Hart
Old Marston
Oxford
Oxfordhsire
OX3 0P:L
United Kingdom
Accountants
Olivia Budd
12 Gairn Close
Tilehurst
READING
GB
RG30 4DY
Frilford Homes Ltd
Statement of financial position
as at 31 January 2023
Tangible assets
2,133,950
2,139,341
Cash at bank and in hand
19,211
16,430
Creditors: amounts falling due within one year
(172,296)
(185,417)
Net current liabilities
(142,085)
(157,987)
Total assets less current liabilities
1,991,865
1,981,354
Creditors: amounts falling due after more than one year
(1,358,718)
(1,365,208)
Net assets
633,147
616,146
Called up share capital
100
100
Capital contribution reserve
545,704
545,704
Profit and loss account
87,343
70,342
Shareholders' funds
633,147
616,146
For the year ending 31 January 2023 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 18 October 2023 and were signed on its behalf by
Clive Dunster
Director
Company Registration No. 05546466
Frilford Homes Ltd
Notes to the Accounts
for the year ended 31 January 2023
Frilford Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 05546466. The registered office is 11 White Hart, Old Marston, Oxford, Oxfordhsire, OX3 0P:L, United Kingdom.
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:
4
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2022
2,113,061
26,955
2,140,016
At 31 January 2023
2,113,061
26,955
2,140,016
At 1 February 2022
-
675
675
Charge for the year
-
5,391
5,391
At 31 January 2023
-
6,066
6,066
At 31 January 2023
2,113,061
20,889
2,133,950
At 31 January 2022
2,113,061
26,280
2,139,341
Amounts falling due within one year
Accrued income and prepayments
11,000
-
Frilford Homes Ltd
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
729
-
Other creditors
3,530
3,529
Loans from directors
162,325
176,825
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
1,231,931
1,230,000
Other creditors
126,787
135,208
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).