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REGISTERED NUMBER: 12309605 (England and Wales)










Frost Living Ltd

Unaudited Financial Statements

for the Year Ended 30 November 2023






Frost Living Ltd (Registered number: 12309605)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Frost Living Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mr Staffan August Wollsen
Mrs Caroline Wollsen
Mr Thomas Gunnar Ronnerfalt





REGISTERED OFFICE: Shacter Cohen & Bor
31 Sackville Street
Manchester
M1 3LZ





REGISTERED NUMBER: 12309605 (England and Wales)






Frost Living Ltd (Registered number: 12309605)

Balance Sheet
30 November 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 3,388 4,458

CURRENT ASSETS
Debtors 6 100,100 100,100
Investments 7 865 865
Cash at bank 15,433 11,279
116,398 112,244
CREDITORS
Amounts falling due within one year 8 (2,643 ) (1,261 )
NET CURRENT ASSETS 113,755 110,983
TOTAL ASSETS LESS CURRENT
LIABILITIES

117,143

115,441

CREDITORS
Amounts falling due after more than one year 9 (128,205 ) (130,434 )
NET LIABILITIES (11,062 ) (14,993 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (11,162 ) (15,093 )
SHAREHOLDERS' FUNDS (11,062 ) (14,993 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Frost Living Ltd (Registered number: 12309605)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by:





Mr Staffan August Wollsen - Director


Frost Living Ltd (Registered number: 12309605)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Shacter Cohen & Bor
31 Sackville Street
Manchester
M1 3LZ
England

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

CASH AND CASH EQUIVALENT
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

TRADE DEBTORS
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

TRADE CREDITORS
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

BORROWINGS
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.



Frost Living Ltd (Registered number: 12309605)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

SHARE CAPITAL
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Tangible assets are stated in the statement of financial position at cost, less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

DEPRECIATION
Depreciation is charged so as to write off the cost of assets, other than land and properties under
construction over their estimated useful lives, as follows:

Fixture and FItting - 25% Straight Line.

TAXATION
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Frost Living Ltd (Registered number: 12309605)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 December 2022
and 30 November 2023 5,350
DEPRECIATION
At 1 December 2022 892
Charge for year 1,070
At 30 November 2023 1,962
NET BOOK VALUE
At 30 November 2023 3,388
At 30 November 2022 4,458

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 100,100 100,100

7. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Rent Deposit 865 865

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditor - SCB 1,503 121
Accruals 1,140 1,140
2,643 1,261

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Karin Berglund 25,641 26,087
Thomas Ronnerfal 85,470 86,957
Direction Properties Ltd 17,094 17,390
128,205 130,434

Frost Living Ltd (Registered number: 12309605)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Share capital .1 100 100