Company Registration No. 13668656 (England and Wales)
Farndon Frames Ltd
Unaudited accounts
for the year ended 31 October 2023
Farndon Frames Ltd
Unaudited accounts
Contents
Farndon Frames Ltd
Company Information
for the year ended 31 October 2023
Directors
Beverley Davies
Mark Walmsley
Company Number
13668656 (England and Wales)
Registered Office
Office 3 & 4 The Meadows, Church Road,
Dodleston
Chester
Cheshire
CH4 9NG
United Kingdom
Accountants
Barnes Cooper Ltd
Offices 3 & 4 The Meadows
Church Road
Dodleston
Chester
CH4 9NG
Farndon Frames Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
16,490
9,983
Cash at bank and in hand
7,845
4,310
Creditors: amounts falling due within one year
(49,267)
(28,634)
Net current liabilities
(26,372)
(22,986)
Net liabilities
(9,882)
(13,003)
Called up share capital
100
100
Profit and loss account
(9,982)
(13,103)
Shareholders' funds
(9,882)
(13,003)
For the year ending 31 October 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 17 June 2024 and were signed on its behalf by
Mark Walmsley
Director
Company Registration No. 13668656
Farndon Frames Ltd
Notes to the Accounts
for the year ended 31 October 2023
Farndon Frames Ltd is a private company, limited by shares, registered in England and Wales, registration number 13668656. The registered office is Office 3 & 4 The Meadows, Church Road,, Dodleston, Chester, Cheshire, CH4 9NG, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
12,694
618
13,312
Additions
8,512
1,713
10,225
At 31 October 2023
21,206
2,331
23,537
At 1 November 2022
3,174
155
3,329
Charge for the year
3,174
544
3,718
At 31 October 2023
6,348
699
7,047
At 31 October 2023
14,858
1,632
16,490
At 31 October 2022
9,520
463
9,983
Amounts falling due within one year
Farndon Frames Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
495
Trade creditors
14,957
11,036
Loans from directors
34,310
17,103
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).