Company Registration No. 12398180 (England and Wales)
Freman Homes Ltd
Unaudited accounts
for the year ended 31 January 2023
Freman Homes Ltd
Unaudited accounts
Contents
Freman Homes Ltd
Company Information
for the year ended 31 January 2023
Directors
Charles Camp
Stuart Hunter
Philip Steadman
Company Number
12398180 (England and Wales)
Registered Office
4 Tye Green
Wimbish
Saffron Walden
CB10 2XE
Accountants
Redbox Accountancy Limited
New Mead Barn
Wickham Hall, Hadham Road
Bishop's Stortford
Hertfordshire
CM23 1JG
Freman Homes Ltd
Statement of financial position
as at 31 January 2023
Cash at bank and in hand
1,267
8,199
Creditors: amounts falling due within one year
(154,140)
(141,715)
Net current liabilities
(13,618)
(1,956)
Net liabilities
(13,618)
(1,956)
Called up share capital
99
99
Profit and loss account
(13,717)
(2,055)
Shareholders' funds
(13,618)
(1,956)
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 directors acknowledge their 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 of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by
Charles Camp
Director
Company Registration No. 12398180
Freman Homes Ltd
Notes to the Accounts
for the year ended 31 January 2023
Freman Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 12398180. The registered office is 4 Tye Green, Wimbish, Saffron Walden, CB10 2XE.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Amounts falling due after more than one year
Amounts due from group undertakings etc.
139,255
131,560
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
50,626
50,626
Other creditors
100,259
89,010
Loans from directors
2,655
1,719
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).