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Company Registration No. 09983901 (England and Wales)
Frc Timber Frames Limited Unaudited accounts for the year ended 31 March 2023
Frc Timber Frames Limited Unaudited accounts Contents
Page
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Frc Timber Frames Limited Company Information for the year ended 31 March 2023
Directors
Stuart Kempin George Kempin James Long Lianne Kempin
Company Number
09983901 (England and Wales)
Registered Office
Parkdene Wilton Road Melton Mowbray Leicestershire LE13 0UJ
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Frc Timber Frames Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
59,629 
63,533 
Current assets
Inventories
100,000 
337,500 
Debtors
543,550 
206,380 
643,550 
543,880 
Creditors: amounts falling due within one year
(802,256)
(484,876)
Net current (liabilities)/assets
(158,706)
59,004 
Total assets less current liabilities
(99,077)
122,537 
Creditors: amounts falling due after more than one year
(55,183)
(99,625)
Net (liabilities)/assets
(154,260)
22,912 
Capital and reserves
Called up share capital
12 
9 
Profit and loss account
(154,272)
22,903 
Shareholders' funds
(154,260)
22,912 
For the year ending 31 March 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 28 March 2023 and were signed on its behalf by
Stuart Kempin Director Company Registration No. 09983901
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Frc Timber Frames Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Frc Timber Frames Limited is a private company, limited by shares, registered in England and Wales, registration number 09983901. The registered office is Parkdene, Wilton Road, Melton Mowbray, Leicestershire, LE13 0UJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% RB
Motor vehicles
25% RB
Fixtures & fittings
25% RB
Computer equipment
25% RB
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2022
26,737 
160,447 
- 
- 
187,184 
Additions
12,500 
- 
2,540 
934 
15,974 
At 31 March 2023
39,237 
160,447 
2,540 
934 
203,158 
Depreciation
At 1 April 2022
10,377 
113,274 
- 
- 
123,651 
Charge for the year
7,215 
11,794 
635 
234 
19,878 
At 31 March 2023
17,592 
125,068 
635 
234 
143,529 
Net book value
At 31 March 2023
21,645 
35,379 
1,905 
700 
59,629 
At 31 March 2022
16,360 
47,173 
- 
- 
63,533 
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Frc Timber Frames Limited Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
79,550 
24,218 
Trade debtors
97,751 
26,767 
Amounts due from group undertakings etc.
- 
155,395 
Other debtors
366,249 
- 
543,550 
206,380 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
140,825 
90,382 
Obligations under finance leases and hire purchase contracts
31,167 
- 
Trade creditors
434,567 
296,899 
Amounts owed to group undertakings and other participating interests
85,713 
- 
Taxes and social security
94,207 
76,903 
Other creditors
12,377 
716 
Loans from directors
- 
14,476 
Accruals
3,400 
5,500 
802,256 
484,876 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
31,027 
88,068 
Obligations under finance leases and hire purchase contracts
24,156 
11,557 
55,183 
99,625 
8
Average number of employees
During the year the average number of employees was 9 (2022: 9).
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