Registered number: 00483312 | ||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||
Prepared By: | ||||||||
Reed-Ransted | ||||||||
Chartered Accountants | ||||||||
2 Burhill Grove | ||||||||
Pinner | ||||||||
Middlesex | ||||||||
HA5 3DW |
FRANCES DEE LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Middlesex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 00483312 | ||||||||
PLACE OF BUSINESS | ||||||||
45 Old Ferry Road, Saltash, PL12 6BJ. | ||||||||
ACCOUNTANTS | ||||||||
Reed-Ransted | ||||||||
Chartered Accountants | ||||||||
2 Burhill Grove | ||||||||
Pinner | ||||||||
Middlesex | ||||||||
HA5 3DW |
FRANCES DEE LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 MARCH 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
FRANCES DEE LIMITED | ||||||||
BALANCE SHEET AT | ||||||||||
Registered number: 00483312 | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
Investment Assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
97,540 | 83,163 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 58,744 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Fair value reserve | 1e,10 | 1,167,280 | 1,167,280 | |||||||
Profit and loss account | 1,565,360 | 1,557,050 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
FRANCES DEE LIMITED | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Fixtures and Fittings | reducing balance 25% | |||||||
Equipment | reducing balance 25% |
1c. Investment Properties | ||||||||
Investment properties are included in the financial statements at their fair value. |
1d. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
1e. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note10). |
FRANCES DEE LIMITED | ||||||||
2. TANGIBLE FIXED ASSETS | |||||||||||
Investment | Plant and | Fixtures | |||||||||
Property | Machinery | and Fittings | Equipment | Total | |||||||
£ | £ | £ | £ | £ | |||||||
Cost | |||||||||||
At 1 April 2022 | 2,810,000 | 773 | 65,113 | 2,190 | 2,878,076 | ||||||
At 31 March 2023 | 2,810,000 | 773 | 65,113 | 2,190 | 2,878,076 | ||||||
Depreciation | |||||||||||
At 1 April 2022 | - | 773 | 64,893 | 2,107 | 67,773 | ||||||
For the year | - | - | 55 | 21 | 76 | ||||||
At 31 March 2023 | - | 773 | 64,948 | 2,128 | 67,849 | ||||||
Net Book Amounts | |||||||||||
At 31 March 2023 | 2,810,227 | ||||||||||
At 31 March 2022 | 2,810,303 | ||||||||||
Investment properties were valued at their fair value on 31 March 2021 by the directors. The historic cost of investment properties is £1,503,002. | |||||||||||
3. FINANCIAL ASSETS | |||||||||
Other | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 1 April 2022 | 1 | 1 | |||||||
At 31 March 2023 | 1 | 1 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31 March 2023 | 1 | 1 | |||||||
At 31 March 2022 | 1 | 1 | |||||||
4. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
At 1 April 2022 | 2,810,000 | 2,810,000 | ||
At 31 March 2023 | 2,810,000 | 2,810,000 | ||
FRANCES DEE LIMITED | ||||||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors | 1,032 | 423 | ||||||
Prepayments | 3,708 | 7,441 | ||||||
4,740 | 7,864 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 11,350 | 10,596 | ||||||
Directors' loans | 3,166 | 154 | ||||||
Other creditors | 1,100 | - | ||||||
Accruals | 10,696 | 7,501 | ||||||
Deferred income | 4,098 | 6,168 | ||||||
30,410 | 24,419 | |||||||
7. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
8. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 139,718 | 139,718 | ||||||
139,718 | 139,718 | |||||||
9. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
5,000 | 5,000 | |||||||
5,000 | 5,000 | |||||||
FRANCES DEE LIMITED | ||||||||
10. NON DISTRIBUTABLE FAIR VALUE RESERVE | 2023 | 2022 | ||||||
£ | £ | |||||||
Fair value reserve | 1,167,280 | 1,167,280 | ||||||
1,167,280 | 1,167,280 | |||||||
11. CONTROLLING PARTY | ||||||||
The company is controlled by DF Samuels. | ||||||||
12. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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