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Company Registration No. 01639377 (England and Wales)
Freud Lemos Limited Unaudited accounts for the year ended 31 December 2023
Freud Lemos Limited Unaudited accounts Contents
Page
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Freud Lemos Limited Company Information for the year ended 31 December 2023
Directors
David Freud Naomi Freud
Secretary
Naomi Freud
Company Number
01639377 (England and Wales)
Registered Office
198 SHAFTESBURY AVENUE LONDON WC2H 8JL
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Freud Lemos Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
2,300,968 
2,300,968 
Current assets
Debtors
1,205,430 
434,712 
Cash at bank and in hand
154,155 
331,287 
1,359,585 
765,999 
Creditors: amounts falling due within one year
(620)
(1,145)
Net current assets
1,358,965 
764,854 
Total assets less current liabilities
3,659,933 
3,065,822 
Creditors: amounts falling due after more than one year
(653,315)
(55,200)
Net assets
3,006,618 
3,010,622 
Capital and reserves
Called up share capital
10,000 
10,000 
Revaluation reserve
2,300,961 
2,300,961 
Profit and loss account
695,657 
699,661 
Shareholders' funds
3,006,618 
3,010,622 
For the year ending 31 December 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 2 August 2024 and were signed on its behalf by
Naomi Freud Director Company Registration No. 01639377
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Freud Lemos Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Freud Lemos Limited is a private company, limited by shares, registered in England and Wales, registration number 01639377. The registered office is 198 SHAFTESBURY AVENUE, LONDON, WC2H 8JL.
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:
Fixtures & fittings
25% on reducing balance.
Computer equipment
25% on cost.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
87,301 
2,530 
89,831 
At 31 December 2023
87,301 
2,530 
89,831 
Depreciation
At 1 January 2023
87,301 
2,530 
89,831 
At 31 December 2023
87,301 
2,530 
89,831 
Net book value
At 31 December 2023
- 
- 
- 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2023
2,300,968 
Valuation at 31 December 2023
2,300,968 
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Freud Lemos Limited Notes to the Accounts for the year ended 31 December 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
1,555 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,205,430 
433,157 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Accruals
620 
1,145 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
653,315 
- 
Loans from directors
- 
55,200 
653,315 
55,200 
9
Controlling party
Mr and Mrs Freud own all the issued share capital of David Freud Limited which owns 100% of the share capital of the company.
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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