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
Freud Lemos Limited
Company Information
for the year ended 31 December 2023
Directors
David Freud
Naomi Freud
Company Number
01639377 (England and Wales)
Registered Office
198 SHAFTESBURY AVENUE
LONDON
WC2H 8JL
Freud Lemos Limited
Statement of financial position
as at 31 December 2023
Investments
2,300,968
2,300,968
Cash at bank and in hand
154,155
331,287
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
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
Freud Lemos Limited
Notes to the Accounts
for the year ended 31 December 2023
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.
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:
Fixtures & fittings
25% on reducing balance.
Computer equipment
25% on cost.
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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
At 1 January 2023
87,301
2,530
89,831
At 31 December 2023
87,301
2,530
89,831
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Investments
Subsidiary undertakings
Valuation at 1 January 2023
2,300,968
Valuation at 31 December 2023
2,300,968
Freud Lemos Limited
Notes to the Accounts
for the year ended 31 December 2023
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
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Creditors: amounts falling due within one year
2023
2022
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
Mr and Mrs Freud own all the issued share capital of David Freud Limited which owns 100% of the share capital of the company.
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Average number of employees
During the year the average number of employees was 0 (2022: 0).