FREGA LIMITED

Company Registration Number:
10892822 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 January 2023

End date: 31 March 2023

FREGA LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

FREGA LIMITED

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal activities of the company

Software as a Service and Platform as a Service



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 March 2023

Peter Delaney
Mandy Delaney


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 January 2024

And signed on behalf of the board by:
Name: Mandy Delaney
Status: Director

FREGA LIMITED

Profit And Loss Account

for the Period Ended 31 March 2023

3 months to 31 March 2023 9 months to 31 December 2022


£

£
Turnover: 126,087 418,604
Cost of sales: ( 79,813 ) ( 286,760 )
Gross profit(or loss): 46,274 131,844
Administrative expenses: ( 176,802 ) ( 467,902 )
Operating profit(or loss): (130,528) (336,058)
Profit(or loss) before tax: (130,528) (336,058)
Profit(or loss) for the financial year: (130,528) (336,058)

FREGA LIMITED

Balance sheet

As at 31 March 2023

Notes 3 months to 31 March 2023 9 months to 31 December 2022


£

£
Fixed assets
Intangible assets: 3 1,132,074 1,268,574
Total fixed assets: 1,132,074 1,268,574
Current assets
Debtors: 4 168,306 163,700
Cash at bank and in hand: 18,456 28,603
Total current assets: 186,762 192,303
Creditors: amounts falling due within one year: 5 ( 29,878 ) ( 121,700 )
Net current assets (liabilities): 156,884 70,603
Total assets less current liabilities: 1,288,958 1,339,177
Creditors: amounts falling due after more than one year: 6 ( 50,000 ) ( 50,000 )
Total net assets (liabilities): 1,238,958 1,289,177
Capital and reserves
Called up share capital: 1,369,486 1,625,235
Profit and loss account: (130,528 ) (336,058 )
Total Shareholders' funds: 1,238,958 1,289,177

The notes form part of these financial statements

FREGA LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 27 January 2024
and signed on behalf of the board by:

Name: Mandy Delaney
Status: Director

The notes form part of these financial statements

FREGA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Intangible fixed assets amortisation policy

    Amortied over 3 years

FREGA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    3 months to 31 March 2023 9 months to 31 December 2022
    Average number of employees during the period 0 0

FREGA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2023 2,376,153 2,376,153
Additions
Disposals
Revaluations
Transfers
At 31 March 2023 2,376,153 2,376,153
Amortisation
At 1 January 2023 1,107,579 1,107,579
Charge for year 136,500 136,500
On disposals
Other adjustments
At 31 March 2023 1,244,079 1,244,079
Net book value
At 31 March 2023 1,132,074 1,132,074
At 31 December 2022 1,268,574 1,268,574

FREGA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

3 months to 31 March 2023 9 months to 31 December 2022
£ £
Trade debtors 168,306 163,700
Total 168,306 163,700

FREGA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

3 months to 31 March 2023 9 months to 31 December 2022
£ £
Trade creditors 29,878 121,700
Total 29,878 121,700

FREGA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due after more than one year note

3 months to 31 March 2023 9 months to 31 December 2022
£ £
Other creditors 50,000 50,000
Total 50,000 50,000