IRIS Accounts Production v24.3.0.553 SC443045 Board of Directors 1.3.23 28.2.24 28.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4430452023-02-28SC4430452024-02-28SC4430452023-03-012024-02-28SC4430452022-02-28SC4430452022-03-012023-02-28SC4430452023-02-28SC443045ns15:Scotland2023-03-012024-02-28SC443045ns14:PoundSterling2023-03-012024-02-28SC443045ns10:Director12023-03-012024-02-28SC443045ns10:PrivateLimitedCompanyLtd2023-03-012024-02-28SC443045ns10:SmallEntities2023-03-012024-02-28SC443045ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-28SC443045ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-28SC443045ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-28SC443045ns10:FullAccounts2023-03-012024-02-28SC443045ns10:Director22023-03-012024-02-28SC443045ns10:RegisteredOffice2023-03-012024-02-28SC443045ns5:CurrentFinancialInstruments2024-02-28SC443045ns5:CurrentFinancialInstruments2023-02-28SC443045ns5:ShareCapital2024-02-28SC443045ns5:ShareCapital2023-02-28SC443045ns5:RetainedEarningsAccumulatedLosses2024-02-28SC443045ns5:RetainedEarningsAccumulatedLosses2023-02-28SC443045ns5:PlantMachinery2023-03-012024-02-28SC443045ns5:PlantMachinery2023-02-28SC443045ns5:PlantMachinery2024-02-28SC443045ns5:PlantMachinery2023-02-28SC443045ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-28SC443045ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28
REGISTERED NUMBER: SC443045 (Scotland)















FREYTAG ANDERSON LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2024






FREYTAG ANDERSON LTD (REGISTERED NUMBER: SC443045)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 28 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FREYTAG ANDERSON LTD

COMPANY INFORMATION
For The Year Ended 28 February 2024







DIRECTORS: G Anderson
D Freytag





REGISTERED OFFICE: Freytag Anderson
106 Southblock Studio
60 Osborne Street
Glasgow
G1 5QH





REGISTERED NUMBER: SC443045 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

FREYTAG ANDERSON LTD (REGISTERED NUMBER: SC443045)

BALANCE SHEET
28 February 2024

28.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,499 2,791

CURRENT ASSETS
Stocks 5 - 2,550
Debtors 6 12,132 3,341
Cash at bank 39,218 13,893
51,350 19,784
CREDITORS
Amounts falling due within one year 7 39,699 21,409
NET CURRENT ASSETS/(LIABILITIES) 11,651 (1,625 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,150

1,166

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 14,150 166
SHAREHOLDERS' FUNDS 15,150 1,166

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by:





G Anderson - Director


FREYTAG ANDERSON LTD (REGISTERED NUMBER: SC443045)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 28 February 2024


1. STATUTORY INFORMATION

Freytag Anderson Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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
Turnover represents sales of goods and services provided in the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current 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 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 balance sheet date.

Government grants
Government grants in respect of revenue expenditure are credited to the profit and loss account in the period to which they relate

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

FREYTAG ANDERSON LTD (REGISTERED NUMBER: SC443045)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 28 February 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 26,755
Additions 3,298
Disposals (13,465 )
At 28 February 2024 16,588
DEPRECIATION
At 1 March 2023 23,964
Charge for year 2,590
Eliminated on disposal (13,465 )
At 28 February 2024 13,089
NET BOOK VALUE
At 28 February 2024 3,499
At 28 February 2023 2,791

5. STOCKS
28.2.24 28.2.23
£    £   
Stocks - 2,550

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade debtors 12,132 841
Directors' loan account - 2,500
12,132 3,341

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Bank loans and overdrafts - 2,458
Taxation and social security 37,179 16,990
Other creditors 2,520 1,961
39,699 21,409

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 28 February 2024 the company's directors received a loan of £nil (2023, £2,500).