2023-01-01 07716846 2023-12-31 07716846 2023-01-01 2023-12-31 07716846 2022-12-31 07716846 2022-01-01 2022-12-31 07716846 uk-core:WithinOneYear 2022-12-31 07716846 uk-core:WithinOneYear 2023-12-31 07716846 uk-core:AfterOneYear 2022-12-31 07716846 uk-core:AfterOneYear 2023-12-31 07716846 uk-core:ShareCapital 2023-12-31 07716846 uk-core:ShareCapital 2022-12-31 07716846 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 07716846 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 07716846 uk-core:OtherMiscellaneousReserve 2023-12-31 07716846 uk-bus:Director1 2023-01-01 2023-12-31 07716846 uk-core:Buildings 2023-01-01 2023-12-31 07716846 uk-core:ToolsEquipment 2023-01-01 2023-12-31 07716846 uk-core:ComputerEquipment 2023-01-01 2023-12-31 07716846 uk-core:CommercialMotorVehicles 2023-01-01 2023-12-31 07716846 uk-core:FurnitureFittings 2023-01-01 2023-12-31 07716846 uk-core:ComputerEquipment 2022-12-31 07716846 uk-core:FurnitureFittings 2022-12-31 07716846 uk-core:CommercialMotorVehicles 2022-12-31 07716846 uk-core:ToolsEquipment 2022-12-31 07716846 uk-core:Buildings 2022-12-31 07716846 uk-core:Buildings 2023-12-31 07716846 uk-core:CommercialMotorVehicles 2023-12-31 07716846 uk-core:FurnitureFittings 2023-12-31 07716846 uk-core:ComputerEquipment 2023-12-31 07716846 uk-core:ToolsEquipment 2023-12-31 07716846 uk-core:WithinOneYear uk-core:Secured 2023-12-31 07716846 uk-core:WithinOneYear uk-core:Secured 2022-12-31 07716846 uk-core:WithinOneYear 2023-12-31 07716846 uk-core:WithinOneYear 2022-12-31 07716846 uk-core:AfterOneYear uk-core:Secured 2023-12-31 07716846 uk-core:AfterOneYear uk-core:Secured 2022-12-31 07716846 2 uk-bus:Director1 2023-01-01 2023-12-31 07716846 2 uk-bus:Director1 2023-12-31 07716846 2 uk-bus:Director1 2022-12-31 07716846 3 uk-bus:Director2 2023-01-01 2023-12-31 07716846 3 uk-bus:Director2 2023-12-31 07716846 3 uk-bus:Director2 2022-12-31 iso4217:GBP xbrli:pure 07716846 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07716846 uk-bus:FRS102 2023-01-01 2023-12-31 07716846 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 07716846 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Freedom Support Limited
Registered Number:07716846
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Freedom Support Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
07716846
As at 31 December 2023
Freedom Support Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
355,942
370,479
2
3
320,851
320,851
Investment property
676,793
691,330
Current assets
Trade and other receivables
225,104
240,881
4
161,981
Cash and cash equivalents
75,092
315,973
387,085
Trade and other payables: amounts falling due within one year
(219,603)
(215,125)
5
167,482
100,848
Net current assets
Total assets less current liabilities
777,641
858,812
Trade and other payables: amounts falling due after more than
one year
(295,447)
(212,156)
6
(15,179)
(19,599)
Provisions for liabilities
550,306
Net assets
543,766
Capital and reserves
Called up share capital
10
10
Retained earnings
550,295
543,755
Other reserves
1
1
550,306
543,766
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
07716846
For the year ended 31 December 2023
Freedom Support Limited
Statement of Financial Position Continued
Mrs Katy Beckett Director
These financial statements were approved and authorised for issue by the Board on 25 September 2024 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 December 2023
Freedom Support Limited
Notes to the Financial Statements
Statutory Information
Freedom Support Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
07716846.
Registered address:
Staffordshire House
96 Stone Road
Stafford
Staffordshire
ST16 2RS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain
assets.
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
0% Straight line
Plant and machinery
25% Reducing balance
33% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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6
For the year ended 31 December 2023
Freedom Support Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
£
Cost or valuation
At 01 January
2023
472,134
31,145
41,065
64,139
53,457
282,328
9,555
3,249
-
-
4,164
2,142
Additions
(5,484)
-
-
(200)
-
Disposals
(5,684)
At 31 December
2023
284,470
64,139
41,065
28,910
476,005
57,421
Provision for depreciation and impairment
At 01 January
2023
101,655
19,159
23,928
36,451
22,117
-
Charge for year
23,074
4,742
2,571
6,923
8,838
-
(4,666)
(4,616)
-
-
(50)
-
On disposal
At 31 December
2023
120,063
19,285
26,499
43,374
30,905
-
At 31 December
2023
Net book value
284,470
26,516
20,765
14,566
9,625
355,942
282,328
31,340
27,688
17,137
11,986
370,479
At 31 December
2022
3. Investment property
Total
£
Fair value
At 01 January 2023
320,851
At 31 December 2023
320,851
Net book value
At 31 December 2023
320,851
At 31 December 2022
320,851
4. Trade and other receivables
2022
2023
£
£
Trade debtors
234,284
224,742
Other debtors
6,597
362
225,104
240,881
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7
For the year ended 31 December 2023
Freedom Support Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
13,410
13,295
Bank loans and overdraft
62,500
62,500
Taxation and social security
46,980
39,746
Other creditors
92,235
104,062
215,125
219,603
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
46,875
109,375
Bank loans and overdraft (secured)
156,450
168,409
Other creditors
8,831
17,663
212,156
295,447
7. Directors advances and guarantees
At 01/01/2023
Loaned
At 31/12/2023
£
£
£
Mrs Katy Beckett
DLA
3,184
-
3,184
3,184
-
3,184
Mr Mark Anthony Beckett
DLA
3,184
-
3,184
3,184
-
3,184
8. Average number of persons employed
During the year the average number of employees was 50 (2022 : 50)
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