IRIS Accounts Production v24.2.0.383 05376584 director 1.2.23 31.1.24 31.1.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh053765842023-01-31053765842024-01-31053765842023-02-012024-01-31053765842022-01-31053765842022-02-012023-01-31053765842023-01-3105376584ns15:EnglandWales2023-02-012024-01-3105376584ns14:PoundSterling2023-02-012024-01-3105376584ns10:Director12023-02-012024-01-3105376584ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3105376584ns10:SmallEntities2023-02-012024-01-3105376584ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3105376584ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3105376584ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3105376584ns10:FullAccounts2023-02-012024-01-310537658412023-02-012024-01-3105376584ns10:RegisteredOffice2023-02-012024-01-3105376584ns5:CurrentFinancialInstruments2024-01-3105376584ns5:CurrentFinancialInstruments2023-01-3105376584ns5:ShareCapital2024-01-3105376584ns5:ShareCapital2023-01-3105376584ns5:RetainedEarningsAccumulatedLosses2024-01-3105376584ns5:RetainedEarningsAccumulatedLosses2023-01-3105376584ns5:NetGoodwill2023-02-012024-01-3105376584ns5:PlantMachinery2023-02-012024-01-3105376584ns5:NetGoodwill2023-01-3105376584ns5:NetGoodwill2024-01-3105376584ns5:NetGoodwill2023-01-3105376584ns5:PlantMachinery2023-01-3105376584ns5:PlantMachinery2024-01-3105376584ns5:PlantMachinery2023-01-3105376584ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-01-3105376584ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-01-3105376584ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-01-3105376584ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3105376584ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3105376584ns5:CurrentFinancialInstruments2023-02-012024-01-31
REGISTERED NUMBER: 05376584 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Andrew Frostick Associates Limited

Andrew Frostick Associates Limited (Registered number: 05376584)

Contents of the Financial Statements
for the Year Ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Andrew Frostick Associates Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mr A K Frostick





REGISTERED OFFICE: Lewis House
Great Chesterford Court
Great Chesterford
Essex
CB10 1PF





BUSINESS ADDRESS: 3 Emson Close
Saffron Walden
Essex
CB10 1HL





REGISTERED NUMBER: 05376584 (England and Wales)

Andrew Frostick Associates Limited (Registered number: 05376584)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 1,582 2,109
1,582 2,109

CURRENT ASSETS
Debtors 7 812 793
Cash at bank and in hand 7,661 9,937
8,473 10,730
CREDITORS
Amounts falling due within one year 8 9,158 11,968
NET CURRENT LIABILITIES (685 ) (1,238 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

897

871

PROVISIONS FOR LIABILITIES 300 401
NET ASSETS 597 470

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 596 469
SHAREHOLDERS' FUNDS 597 470

Andrew Frostick Associates Limited (Registered number: 05376584)

Balance Sheet - continued
31 January 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 September 2024 and were signed by:





Mr A K Frostick - Director


Andrew Frostick Associates Limited (Registered number: 05376584)

Notes to the Financial Statements
for the Year Ended 31 January 2024


1. STATUTORY INFORMATION

Andrew Frostick Associates 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, has been amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Andrew Frostick Associates Limited (Registered number: 05376584)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 20,000
AMORTISATION
At 1 February 2023
and 31 January 2024 20,000
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 13,395
DEPRECIATION
At 1 February 2023 11,286
Charge for year 527
At 31 January 2024 11,813
NET BOOK VALUE
At 31 January 2024 1,582
At 31 January 2023 2,109

Andrew Frostick Associates Limited (Registered number: 05376584)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


6. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 February 2023 1,249
Transfer to ownership (1,249 )
At 31 January 2024 -
DEPRECIATION
At 1 February 2023 312
Transfer to ownership (312 )
At 31 January 2024 -
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 937

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 682 675
Other debtors 130 118
812 793

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 729
Taxation and social security 5,882 5,498
Other creditors 3,276 5,741
9,158 11,968

Other creditors disclosed above include a balance of £1,607 (2023 - £1,607) in relation to accruals, payments on account £nil (2023 - £1,878) and £1,669 (2023- £2,256 ) in relation to directors loan account.