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REGISTERED NUMBER: 03545423 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 April 2024

for

Frattempo Limited

Frattempo Limited (Registered number: 03545423)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Report of the Directors 2

Chartered Accountants' Report 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 7


Frattempo Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: K Price
G R Price





SECRETARY: G R Price





REGISTERED OFFICE: 21 Boxwell Road
Berkhamsted
Hertfordshire
HP4 3ET





REGISTERED NUMBER: 03545423 (England and Wales)





ACCOUNTANTS: Stewarts Accountants Limited
271 High Street
Berkhamsted
Hertfordshire
HP4 1AA

Frattempo Limited (Registered number: 03545423)

Report of the Directors
for the Year Ended 30 April 2024

The directors present their report with the financial statements of the company for the year ended 30 April 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of interim publishing and education activities.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 May 2023 to the date of this report.

K Price
G R Price

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





K Price - Director


28 August 2024

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Frattempo Limited


In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Frattempo Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Frattempo Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Frattempo Limited and state those matters that we have agreed to state to the Board of Directors of Frattempo Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Frattempo Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Frattempo Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Frattempo Limited. You consider that Frattempo Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Frattempo Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stewarts Accountants Limited
271 High Street
Berkhamsted
Hertfordshire
HP4 1AA


28 August 2024

Frattempo Limited (Registered number: 03545423)

Income Statement
for the Year Ended 30 April 2024

30.4.24 30.4.23
Notes £    £   

TURNOVER 118,116 111,335

Administrative expenses 125,428 92,995
OPERATING (LOSS)/PROFIT 4 (7,312 ) 18,340

Interest receivable and similar income 2,475 -
(LOSS)/PROFIT BEFORE TAXATION (4,837 ) 18,340

Tax on (loss)/profit 132 (68 )
(LOSS)/PROFIT FOR THE FINANCIAL
YEAR

(4,969

)

18,408

Frattempo Limited (Registered number: 03545423)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,346 1,077

CURRENT ASSETS
Debtors 6 8,730 3,996
Cash at bank 165,076 179,132
173,806 183,128
CREDITORS
Amounts falling due within one year 7 13,633 15,939
NET CURRENT ASSETS 160,173 167,189
TOTAL ASSETS LESS CURRENT
LIABILITIES

161,519

168,266

PROVISIONS FOR LIABILITIES 337 205
NET ASSETS 161,182 168,061

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 160,182 167,061
161,182 168,061

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

Frattempo Limited (Registered number: 03545423)

Balance Sheet - continued
30 April 2024


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

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by:




K Price - Director



G R Price - Director


Frattempo Limited (Registered number: 03545423)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Frattempo Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. OPERATING (LOSS)/PROFIT

The operating loss (2023 - operating profit) is stated after charging:

30.4.24 30.4.23
£    £   
Depreciation - owned assets 329 360

Frattempo Limited (Registered number: 03545423)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 37,162
Additions 793
Disposals (541 )
At 30 April 2024 37,414
DEPRECIATION
At 1 May 2023 36,085
Charge for year 329
Eliminated on disposal (346 )
At 30 April 2024 36,068
NET BOOK VALUE
At 30 April 2024 1,346
At 30 April 2023 1,077

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 8,730 3,996

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 36 32
Taxation and social security 10,854 9,242
Other creditors 2,743 6,665
13,633 15,939