Company Registration No. 7933086 (England and Wales)
Frome Partners Limited
Unaudited accounts
for the year ended 31 March 2024
Frome Partners Limited
Unaudited accounts
Contents
Frome Partners Limited
Company Information
for the year ended 31 March 2024
Directors
Jeremy Collin
Lucy Collin
Company Number
7933086 (England and Wales)
Registered Office
71-75 SHELTON STREET
COVENT GARDEN
LONDON
WC2H 9JQ
United Kingdom
Accountants
RFM Associates
10 Carew Way
Watford
WD19 5GB
Frome Partners Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
12,194
-
Creditors: amounts falling due within one year
(19,044)
(29,061)
Net current liabilities
(350)
(29,061)
Net assets/(liabilities)
210
(28,314)
Called up share capital
200
200
Profit and loss account
10
(28,514)
Shareholders' funds
210
(28,314)
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 directors acknowledge their 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 of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by
Jeremy Collin
Director
Company Registration No. 7933086
Frome Partners Limited
Notes to the Accounts
for the year ended 31 March 2024
Frome Partners Limited is a private company, limited by shares, registered in England and Wales, registration number 7933086. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
8,876
5,102
13,978
At 31 March 2024
8,876
5,102
13,978
At 1 April 2023
8,385
4,846
13,231
Charge for the year
123
64
187
At 31 March 2024
8,508
4,910
13,418
At 31 March 2024
368
192
560
At 31 March 2023
491
256
747
Amounts falling due after more than one year
Frome Partners Limited
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
13,309
Taxes and social security
15,125
103
Loans from directors
-
14,948
7
Average number of employees
During the year the average number of employees was 2 (2023: 3).