Registered number
11202565
Friela Ltd
Report and Accounts
29 February 2024
Friela Ltd
Balance Sheet
as at 29 February 2024
2024 2023
£ £
Current assets 62,716 88,813
62,716 88,813
Creditors: amounts falling due within one year (45,070) (50,187)
Net current assets 17,646 38,626
Total assets less current liabilities 17,646 38,626
Net assets 17,646 38,626
Capital and reserves 17,646 38,626
The director controls the company.

During the year the company paid £312 (2023 : £338) to I Sanderson for use of home as office.

During the year I Sanderson had a director's loan account with the company. The loan is interest free and there are no fixed terms of repayment. The balance outstanding at the balance sheet date was £38,176 (2023 : £48,492) and the maximum balance outstanding during the year was £58,747 (2023 : £50,138).

To the extent that any part of the loan remains outstanding by 30 November 2024 the company would be required to pay 33.75% tax, subsequently recoverable on the repayment of the loan.
During the period there was 1 employee of the company.
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered.
The company's registered office is at C/O INTOUCH ACCOUNTING EVERDENE HOUSE, DEANSLEIGH ROAD, BOURNEMOUTH, UNITED KINGDOM, BH7 7DU.
I Sanderson
Director
Approved by the board on 27 November 2024
Friela Ltd 11202565 false 2023-03-01 2024-02-29 2024-02-29 VT Final Accounts October 2023 release 2 I Sanderson No description of principal activity 11202565 2023-03-01 2024-02-29 11202565 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11202565 bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 11202565 bus:Director40 2023-03-01 2024-02-29 11202565 bus:Micro-entities 2023-03-01 2024-02-29 11202565 bus:FullAccounts 2023-03-01 2024-02-29 11202565 2024-02-29 11202565 2023-02-28 iso4217:GBP xbrli:pure