FRANCIS & CO. (INTERNATIONAL) LIMITED

Company Registration Number:
03261601 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

FRANCIS & CO. (INTERNATIONAL) LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

FRANCIS & CO. (INTERNATIONAL) LIMITED

Company Information

for the Period Ended 31 October 2023




Director: Osaretin Aderiye
Augustine Aderiye
Secretary: Modupe Agaba
Registered office: Unit 61
Battersea Business Centre
99-109 Lavender Hill
London
England
SW11 5QL
Company Registration Number: 03261601 (England and Wales)

FRANCIS & CO. (INTERNATIONAL) LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 5,660 7,074
Total fixed assets: 5,660 7,074
Current assets
Stocks: 1,289 1,183
Debtors: 3,086 3,012
Cash at bank and in hand: 379 358
Total current assets: 4,754 4,553
Creditors: amounts falling due within one year: ( 422,289 ) ( 404,023 )
Net current assets (liabilities): ( 417,535 ) ( 399,470 )
Total assets less current liabilities: ( 411,875 ) ( 392,396 )
Creditors: amounts falling due after more than one year: ( 5,039 ) ( 10,644 )
Total net assets (liabilities): ( 416,914 ) ( 403,040 )

The notes form part of these financial statements

FRANCIS & CO. (INTERNATIONAL) LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 416,916 ) ( 403,042 )
Shareholders funds: ( 416,914 ) ( 403,040 )

For the year ending 31 October 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 10 April 2024
And Signed On Behalf Of The Board By:

Name: Osaretin Aderiye
Status: Director

Name: Augustine Aderiye
Status: Director

The notes form part of these financial statements

FRANCIS & CO. (INTERNATIONAL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents amounts receivable excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost of all fixed assets over their expected useful life.
    The rates applied are:-
    Furniture, Fixtures & Equipment - 20% on written down value.

FRANCIS & CO. (INTERNATIONAL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

FRANCIS & CO. (INTERNATIONAL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

FRANCIS & CO. (INTERNATIONAL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 37,213
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2023 37,213
Depreciation
At 01 November 2022 30,139
Charge for year 1,414
On disposals -
Other adjustments -
At 31 October 2023 31,553
Net book value
At 31 October 2023 5,660
At 31 October 2022 7,074