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Company Registration No. 04482578 (England and Wales)
FranklinWest Limited Unaudited accounts for the year ended 31 March 2024
FranklinWest Limited Unaudited accounts Contents
Page
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FranklinWest Limited Company Information for the year ended 31 March 2024
Director
Neil Franklin
Company Number
04482578 (England and Wales)
Registered Office
38 West Street Dormansland Lingfield Surrey RH7 6QS
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FranklinWest Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
75 
75 
Current assets
Inventories
818,247 
577,727 
Debtors
1,327 
932 
Cash at bank and in hand
28,435 
46,037 
848,009 
624,696 
Creditors: amounts falling due within one year
(1,207,676)
(887,119)
Net current liabilities
(359,667)
(262,423)
Net liabilities
(359,592)
(262,348)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(359,594)
(262,350)
Shareholders' funds
(359,592)
(262,348)
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 director acknowledges his 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
Neil Franklin Director Company Registration No. 04482578
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FranklinWest Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
FranklinWest Limited is a private company, limited by shares, registered in England and Wales, registration number 04482578. The registered office is 38 West Street, Dormansland, Lingfield, Surrey, RH7 6QS.
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.
4
Investments
Other investments 
£ 
Valuation at 1 April 2023
75 
Valuation at 31 March 2024
75 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,327 
932 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
674,086 
425,107 
Other creditors
126,985 
130,303 
Loans from directors
405,305 
330,509 
Accruals
1,300 
1,200 
1,207,676 
887,119 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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