Company Registration No. 13672206 (England and Wales)
Frank & Pig Ltd
Unaudited accounts
for the period from 1 November 2022 to 30 June 2023
Frank & Pig Ltd
Unaudited accounts
Contents
Frank & Pig Ltd
Company Information
for the period from 1 November 2022 to 30 June 2023
Company Number
13672206 (England and Wales)
Registered Office
2 The Flexton
Ottery St Mary
EX11 1DJ
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
Frank & Pig Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
(298)
1,189
Cash at bank and in hand
3,271
4,026
Creditors: amounts falling due within one year
(2,808)
(962)
Net current assets
463
5,064
Called up share capital
100
100
Profit and loss account
65
6,153
Shareholders' funds
165
6,253
For the period ending 30 June 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 her 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 20 October 2023 and were signed on its behalf by
Nichola Welsman
Director
Company Registration No. 13672206
Frank & Pig Ltd
Notes to the Accounts
for the period from 1 November 2022 to 30 June 2023
Frank & Pig Ltd is a private company, limited by shares, registered in England and Wales, registration number 13672206. The registered office is 2 The Flexton, Ottery St Mary, EX11 1DJ.
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 period, 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:
Fixtures & fittings
25% Reducing Balance Basis
Computer equipment
25% Reducing Balance Basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
-
186
1,400
1,586
Disposals
(1,400)
(484)
-
(1,884)
At 30 June 2023
(1,400)
(298)
1,400
(298)
At 1 November 2022
-
47
350
397
On disposals
-
(47)
(350)
(397)
At 30 June 2023
(1,400)
(298)
1,400
(298)
At 31 October 2022
-
139
1,050
1,189
Frank & Pig Ltd
Notes to the Accounts
for the period from 1 November 2022 to 30 June 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,505
3,399
Loans from directors
(2,332)
(3,217)
6
Average number of employees
During the period the average number of employees was 1 (2022: 1).