IRIS Accounts Production v24.3.0.553 10887550 director 1.1.23 31.12.23 31.12.23 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh108875502022-12-31108875502023-12-31108875502023-01-012023-12-31108875502021-12-31108875502022-01-012022-12-31108875502022-12-3110887550ns15:EnglandWales2023-01-012023-12-3110887550ns14:PoundSterling2023-01-012023-12-3110887550ns10:Director12023-01-012023-12-3110887550ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3110887550ns10:SmallEntities2023-01-012023-12-3110887550ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3110887550ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3110887550ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3110887550ns10:FullAccounts2023-01-012023-12-3110887550ns10:OrdinaryShareClass12023-01-012023-12-3110887550ns10:RegisteredOffice2023-01-012023-12-3110887550ns5:CurrentFinancialInstruments2023-12-3110887550ns5:CurrentFinancialInstruments2022-12-3110887550ns5:Non-currentFinancialInstruments2023-12-3110887550ns5:Non-currentFinancialInstruments2022-12-3110887550ns5:ShareCapital2023-12-3110887550ns5:ShareCapital2022-12-3110887550ns5:RetainedEarningsAccumulatedLosses2023-12-3110887550ns5:RetainedEarningsAccumulatedLosses2022-12-3110887550ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3110887550ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3110887550ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 10887550 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

FRECCLA INVESTMENTS LIMITED

FRECCLA INVESTMENTS LIMITED (REGISTERED NUMBER: 10887550)

Contents of the Financial Statements
for the year ended 31 December 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


FRECCLA INVESTMENTS LIMITED

Company Information
for the year ended 31 December 2023







DIRECTOR: Mr P Gill





REGISTERED OFFICE: c/o Thorne Lancaster Parker
5th Floor, Palladium House
1-4 Argyll Street
London
W1F 7TA





REGISTERED NUMBER: 10887550 (England and Wales)





ACCOUNTANTS: Thorne Lancaster Parker
5th Floor
Palladium House
1-4 Argyll Street
London
W1F 7TA

FRECCLA INVESTMENTS LIMITED (REGISTERED NUMBER: 10887550)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investment property 4 370,620 370,620

CURRENT ASSETS
Cash at bank 221 863

CREDITORS
Amounts falling due within one year 5 (126,666 ) (117,684 )
NET CURRENT LIABILITIES (126,445 ) (116,821 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

244,175

253,799

CREDITORS
Amounts falling due after more than one
year

6

(153,867

)

(181,504

)
NET ASSETS 90,308 72,295

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 90,307 72,294
SHAREHOLDERS' FUNDS 90,308 72,295

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

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 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.

FRECCLA INVESTMENTS LIMITED (REGISTERED NUMBER: 10887550)

Statement of Financial Position - continued
31 December 2023


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2024 and were signed by:





Mr P Gill - Director


FRECCLA INVESTMENTS LIMITED (REGISTERED NUMBER: 10887550)

Notes to the Financial Statements
for the year ended 31 December 2023


1. STATUTORY INFORMATION

Freccla Investments 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.

These accounts replace the original accounts and are now the statutory accounts. The accounts are prepared as they were at the date of the original accounts.

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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 statement of financial position date.

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.

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.

Investment property
Freehold investment property is stated at cost less provision, where necessary, for permanent diminution in value. This is not in accordance with FRS102 1A which requires investment properties to be stated at their fair value or depreciated cost. No valuations have been carried out and accordingly it is not possible to quantify the effect on the net assets at the current or previous balance sheet date, or the effect on the total comprehensive income for the current or previous period.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

FRECCLA INVESTMENTS LIMITED (REGISTERED NUMBER: 10887550)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 370,620
NET BOOK VALUE
At 31 December 2023 370,620
At 31 December 2022 370,620

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 7) 31,484 17,410
Trade creditors 1 -
Corporation tax 12,429 7,536
Other creditors 28,354 37,040
Directors' loan accounts 54,398 50,298
Accruals and deferred income - 5,400
126,666 117,684

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 7) 153,867 181,504

Amounts falling due in more than five years:

Repayable by instalments
Precise Mortgages A/c:20048808 153,867 181,504

7. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Precise Mortgages A/c:20048808 31,484 17,410

Amounts falling due in more than five years:

Repayable by instalments
Precise Mortgages A/c:20048808 153,867 181,504

FRECCLA INVESTMENTS LIMITED (REGISTERED NUMBER: 10887550)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Loan from director

The company has been provided with a loan of £54,398 (2022: £50,298) by Mr P Gill. This loan is interest free and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

Mr P Gill, the sole director, controls the company by virtue of a controlling interest of 100% of the issued ordinary share capital.