2022-03-01 2023-02-28 false Capium Accounts Production 1.1 12446716 bus:AbridgedAccounts 2022-03-01 2023-02-28 12446716 bus:FRS102 2022-03-01 2023-02-28 12446716 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 12446716 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 12446716 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 12446716 2022-03-01 2023-02-28 12446716 2023-02-28 12446716 bus:RegisteredOffice 2022-03-01 2023-02-28 12446716 core:WithinOneYear 2023-02-28 12446716 core:AfterOneYear 2023-02-28 12446716 bus:Director1 2022-03-01 2023-02-28 12446716 bus:Director1 2023-02-28 12446716 bus:Director1 2021-03-01 2022-02-28 12446716 bus:Director2 2022-03-01 2023-02-28 12446716 bus:Director2 2023-02-28 12446716 bus:Director2 2021-03-01 2022-02-28 12446716 2021-03-01 12446716 bus:CompanySecretary1 2022-03-01 2023-02-28 12446716 bus:LeadAgentIfApplicable 2022-03-01 2023-02-28 12446716 2021-03-01 2022-02-28 12446716 2022-02-28 12446716 core:WithinOneYear 2022-02-28 12446716 core:AfterOneYear 2022-02-28 12446716 bus:EntityAccountantsOrAuditors 2021-03-01 2022-02-28 12446716 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 12446716 bus:OrdinaryShareClass1 2023-02-28 12446716 bus:OrdinaryShareClass1 2021-03-01 2022-02-28 12446716 bus:OrdinaryShareClass1 2022-02-28 12446716 core:CostValuation core:Non-currentFinancialInstruments 2023-02-28 12446716 core:CostValuation core:Non-currentFinancialInstruments 2022-02-28 12446716 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-02-28 12446716 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-02-28 12446716 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-02-28 12446716 core:Non-currentFinancialInstruments 2023-02-28 12446716 core:Non-currentFinancialInstruments 2022-02-28 12446716 core:ShareCapital 2023-02-28 12446716 core:ShareCapital 2022-02-28 12446716 core:RevaluationReserve 2023-02-28 12446716 core:RevaluationReserve 2022-02-28 12446716 core:RetainedEarningsAccumulatedLosses 2023-02-28 12446716 core:RetainedEarningsAccumulatedLosses 2022-02-28 12446716 dpl:Item1 2022-03-01 12446716 dpl:Item1 2023-02-28 12446716 dpl:Item1 2021-03-01 12446716 dpl:Item1 2022-02-28 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12446716
England and Wales

 

 

 

SOPHIE AND ANDREW FRANKS LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 March 2022

End date: 28 February 2023
In order to assist you to fulfill your duties under the Companies Act 2006, we have compiled for your approval the financial statements of Sophie and Andrew Franks Limited for the year ended 28 February 2023 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the directors of Sophie and Andrew Franks Limited in accordance with our terms of engagement. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its directors for our work or for this report.
It is your duty to ensure that Sophie and Andrew Franks Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sophie and Andrew Franks Limited.


You consider that Sophie and Andrew Franks Limited is exempt from the statutory audit requirement for the period and we have not been instructed to carry out an audit or a review of the financial statements of Sophie and Andrew Franks Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.


Burton Varley Ltd
Suite 3, 2nd Floor, Didsbury House
748 - 754 Wilmslow Road
Manchester
M20 2DW
01 November 2023
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets   627,747 
  627,747 
Current assets      
Cash at bank and in hand 3   
Creditors: amount falling due within one year (46,532)   (52,647)
Net current liabilities (46,529)   (52,647)
 
Total assets less current liabilities (46,529)   575,100 
Creditors: amount falling due after more than one year   (635,375)
Provisions for liabilities   (13,728)
Net liabilities (46,529)   (74,003)
 

Capital and reserves
     
Called up share capital 3 100    100 
Reserves 4   (72,253)
Profit and loss account (46,629)   (1,850)
Shareholder's funds (46,529)   (74,003)
 


For the year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 01 November 2023 and were signed on its behalf by:


-------------------------------
Andrew Franks
Director
2
General Information
Sophie and Andrew Franks Limited is a private company, limited by shares, registered in England and Wales, registration number 12446716, registration address C/O Burton Varley Ltd Suite 3, 2nd Floor, Didsbury House,, 748-754 Wilmslow Road, Manchester, M20 2DW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 2 (2022 : 2).
3.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
100 Class A shares of £1.00 each 100    100 
100    100 

3