Company Registration No. 11122174 (England and Wales)
FRMD LONDON LIMITED
Unaudited accounts
for the year ended 31 December 2023
FRMD LONDON LIMITED
Unaudited accounts
Contents
FRMD LONDON LIMITED
Company Information
for the year ended 31 December 2023
Director
Alejandro Joaquin De Sarriera
Company Number
11122174 (England and Wales)
Registered Office
91 LOWER CLAPTON ROAD
LONDON
E5 0NP
Accountants
Addition Financial Limited
The Office Group
1 Lyric Square
Hammersmith
London
W6 0NB
FRMD LONDON LIMITED
Statement of financial position
as at 31 December 2023
Intangible assets
2,182
3,082
Tangible assets
17,046
23,794
Cash at bank and in hand
2,253
48
Creditors: amounts falling due within one year
(56,631)
(63,889)
Net current liabilities
(28,143)
(47,142)
Total assets less current liabilities
(8,915)
(20,266)
Creditors: amounts falling due after more than one year
(5,495)
-
Net liabilities
(14,410)
(20,266)
Called up share capital
1
1
Profit and loss account
(14,411)
(20,267)
Shareholders' funds
(14,410)
(20,266)
For the year ending 31 December 2023 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 23 December 2024 and were signed on its behalf by
Alejandro Joaquin De Sarriera
Director
Company Registration No. 11122174
FRMD LONDON LIMITED
Notes to the Accounts
for the year ended 31 December 2023
FRMD LONDON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11122174. The registered office is 91 LOWER CLAPTON ROAD, LONDON, E5 0NP.
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 on a straight line basis over their estimated useful lives:
Fixtures & fittings
5 years
Computer equipment
3 years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
FRMD LONDON LIMITED
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
2,948
22,465
22,579
547
48,539
Additions
-
-
1,667
-
1,667
At 31 December 2023
2,948
22,465
24,246
547
50,206
At 1 January 2023
955
12,724
10,596
470
24,745
Charge for the year
590
3,303
4,445
77
8,415
At 31 December 2023
1,545
16,027
15,041
547
33,160
At 31 December 2023
1,403
6,438
9,205
-
17,046
At 31 December 2022
1,993
9,741
11,983
77
23,794
Amounts falling due within one year
Accrued income and prepayments
6,258
-
Amounts falling due after more than one year
Accrued income and prepayments
14,461
-
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,172
17,841
Trade creditors
14,766
4,045
Taxes and social security
-
479
Loans from directors
18,442
40,707
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 5 (2022: 4).