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Company Registration No. 11831949 (England and Wales)
EDGAR FRANK LIMITED Unaudited accounts for the year ended 29 February 2024
EDGAR FRANK LIMITED Unaudited accounts Contents
Page
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EDGAR FRANK LIMITED Company Information for the year ended 29 February 2024
Director
Judith Lahani
Secretary
Judith Lahani
Company Number
11831949 (England and Wales)
Registered Office
8 Sallow Road Romford RM3 0LB England
Accountants
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX
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EDGAR FRANK LIMITED Accountants' report
Accountants' report to the director of EDGAR FRANK LIMITED on the preparation of the unaudited statutory accounts for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of EDGAR FRANK LIMITED for the year ended 29 February 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of EDGAR FRANK LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of EDGAR FRANK LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EDGAR FRANK LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that EDGAR FRANK LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of EDGAR FRANK LIMITED. You consider that EDGAR FRANK LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of EDGAR FRANK LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX 29 November 2024
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EDGAR FRANK LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
547 
684 
Investment property
95,957 
95,957 
96,504 
96,641 
Current assets
Debtors
26,111 
21,856 
Cash at bank and in hand
47,435 
27,731 
73,546 
49,587 
Creditors: amounts falling due within one year
(90,561)
(5,607)
Net current (liabilities)/assets
(17,015)
43,980 
Total assets less current liabilities
79,489 
140,621 
Creditors: amounts falling due after more than one year
(54,000)
(132,000)
Net assets
25,489 
8,621 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
25,488 
8,620 
Shareholders' funds
25,489 
8,621 
For the year ending 29 February 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 her 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 29 November 2024 and were signed on its behalf by
Judith Lahani Director Company Registration No. 11831949
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EDGAR FRANK LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
EDGAR FRANK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11831949. The registered office is 8 Sallow Road, Romford, RM3 0LB, England.
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.
Presentation currency
The accounts are presented in £ sterling.
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.
Going concern
The board of director has a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. For these reasons, the board decides to continue to adopt the going concern basis in preparing the financial statements for the company.
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:
Motor vehicles
25
Fixtures & fittings
10
Computer equipment
25
Other tangible fixed assets
20
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EDGAR FRANK LIMITED Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
1,336 
At 29 February 2024
1,336 
Depreciation
At 1 March 2023
652 
Charge for the year
137 
At 29 February 2024
789 
Net book value
At 29 February 2024
547 
At 28 February 2023
684 
5
Investment property
2024 
£ 
Fair value at 1 March 2023
95,957 
At 29 February 2024
95,957 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
19,861 
21,856 
Other debtors
6,250 
- 
26,111 
21,856 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
75,000 
- 
Taxes and social security
11,662 
1,708 
Other creditors
3,649 
3,649 
Accruals
250 
250 
90,561 
5,607 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
54,000 
132,000 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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