1 April 2023 false No description of principal activity Taxfiler 2024.5 12048770business:PrivateLimitedCompanyLtd2023-04-012024-03-31 120487702023-03-31 120487702023-04-012024-03-31 12048770business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 12048770business:FilletedAccounts2023-04-012024-03-31 120487702024-03-31 12048770business:Director12023-04-012024-03-31 12048770business:RegisteredOffice2023-04-012024-03-31 120487702023-03-31 12048770core:WithinOneYear2024-03-31 12048770core:WithinOneYear2023-03-31 12048770core:AfterOneYear2024-03-31 12048770core:AfterOneYear2023-03-31 12048770core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 12048770core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 12048770core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 12048770core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 12048770core:PreviouslyStatedAmount2024-03-31 12048770core:PreviouslyStatedAmount2023-03-31 12048770business:SmallEntities2023-04-012024-03-31 12048770countries:EnglandWales2023-04-012024-03-31 12048770core:ComputerEquipment2023-04-012024-03-31 12048770core:ComputerEquipment2023-03-31 12048770core:ComputerEquipment2024-03-31 120487702022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 12048770 (England and Wales)
Frah Consulting Limited Unaudited accounts for the year ended 31 March 2024
Frah Consulting Limited Unaudited accounts Contents
Page
- 2 -
Frah Consulting Limited Company Information for the year ended 31 March 2024
Director
Robin Samuel Bailey-Watts
Company Number
12048770 (England and Wales)
Registered Office
GLFifty The Limes, Bayshill Road Cheltenham GL50 3AW
- 3 -
Frah Consulting Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,060 
1,865 
Current assets
Debtors
39,393 
5,437 
Cash at bank and in hand
5,037 
1,064 
44,430 
6,501 
Creditors: amounts falling due within one year
(33,402)
(3,068)
Net current assets
11,028 
3,433 
Total assets less current liabilities
12,088 
5,298 
Creditors: amounts falling due after more than one year
(9,390)
(5,020)
Net assets
2,698 
278 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,697 
277 
Shareholders' funds
2,698 
278 
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 7 November 2024 and were signed on its behalf by
Robin Samuel Bailey-Watts Director Company Registration No. 12048770
- 4 -
Frah Consulting Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Frah Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 12048770. The registered office is GLFifty, The Limes, Bayshill Road, Cheltenham, GL50 3AW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
20% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
4,026 
At 31 March 2024
4,026 
Depreciation
At 1 April 2023
2,161 
Charge for the year
805 
At 31 March 2024
2,966 
Net book value
At 31 March 2024
1,060 
At 31 March 2023
1,865 
- 5 -
Frah Consulting Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
60 
Other debtors
39,393 
5,377 
39,393 
5,437 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,424 
2,580 
VAT
5,975 
- 
Taxes and social security
21,553 
113 
Accruals
450 
375 
33,402 
3,068 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,390 
5,020 
8
Loans to directors
Director owes the limited company £39,392.71 at 31/03/24 (£5377.69 - 31/03/23). Interest has been charged at the official rate of interest. Corporation tax has been charged on the closing balance at 33.75% until the loan has been repaid.
9
Average number of employees
During the year the average number of employees was 0 (2023: 1).
- 6 -