Company Registration No. 11122174 (England and Wales)
FRMD LONDON LIMITED
Unaudited accounts
for the year ended 31 December 2022
FRMD LONDON LIMITED
Unaudited accounts
Contents
FRMD LONDON LIMITED
Company Information
for the year ended 31 December 2022
Director
Alejandro Joaquin De Sarriera
Company Number
11122174 (England and Wales)
Registered Office
91 LOWER CLAPTON ROAD
LONDON
E5 0NP
Accountants
Addition Financial Limited
Addition at
1 Lyric Square
Hammersmith
London
W6 0NB
FRMD LONDON LIMITED
Statement of financial position
as at 31 December 2022
Intangible assets
3,082
3,982
Tangible assets
23,794
32,093
Cash at bank and in hand
48
2,614
Creditors: amounts falling due within one year
(63,889)
(104,096)
Net current liabilities
(47,142)
(76,325)
Total assets less current liabilities
(20,266)
(40,250)
Creditors: amounts falling due after more than one year
-
(20,683)
Net liabilities
(20,266)
(60,933)
Called up share capital
1
1
Profit and loss account
(20,267)
(60,934)
Shareholders' funds
(20,266)
(60,933)
For the year ending 31 December 2022 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 27 October 2023 and were signed on its behalf by
Alejandro Joaquin De Sarriera
Director
Company Registration No. 11122174
FRMD LONDON LIMITED
Notes to the Accounts
for the year ended 31 December 2022
FRMD LONDON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11122174. The registered office is 91 LOWER CLAPTON ROAD, LONDON, E5 0NP.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
FRMD LONDON LIMITED
Notes to the Accounts
for the year ended 31 December 2022
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2022
2,948
22,465
22,579
547
48,539
At 31 December 2022
2,948
22,465
22,579
547
48,539
At 1 January 2022
366
9,421
6,374
285
16,446
Charge for the year
589
3,303
4,222
185
8,299
At 31 December 2022
955
12,724
10,596
470
24,745
At 31 December 2022
1,993
9,741
11,983
77
23,794
At 31 December 2021
2,582
13,044
16,205
262
32,093
Amounts falling due within one year
Other debtors
14,908
13,961
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
17,841
17,667
Taxes and social security
479
18,038
Loans from directors
40,707
48,178
8
Creditors: amounts falling due after more than one year
2022
2021
9
Average number of employees
During the year the average number of employees was 4 (2021: 4).