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REGISTERED NUMBER: 05379498 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th April 2024

for

Frazer Waite Desmier Limited

Frazer Waite Desmier Limited (Registered number: 05379498)






Contents of the Financial Statements
for the Year Ended 30th April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Frazer Waite Desmier Limited

Company Information
for the Year Ended 30th April 2024







DIRECTORS: Mr M D Frazer
Mrs H J Frazer





REGISTERED OFFICE: Peine House
Hind Hill Street
Heywood
Lancashire
OL10 1JZ





REGISTERED NUMBER: 05379498 (England and Wales)





ACCOUNTANT: Frazer Waite Desmier Limited
Peine House
Hind Hill Street
Heywood
Lancashire
OL10 1JZ

Frazer Waite Desmier Limited (Registered number: 05379498)

Abridged Balance Sheet
30th April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 674,013 703,000
Tangible assets 5 3,854 5,138
677,867 708,138

CURRENT ASSETS
Debtors 332,403 524,403
Cash at bank and in hand 232,708 22,812
565,111 547,215
CREDITORS
Amounts falling due within one year 172,500 160,820
NET CURRENT ASSETS 392,611 386,395
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,070,478

1,094,533

PROVISIONS FOR LIABILITIES 964 1,002
NET ASSETS 1,069,514 1,093,531

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 1,069,413 1,093,430
SHAREHOLDERS' FUNDS 1,069,514 1,093,531

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Frazer Waite Desmier Limited (Registered number: 05379498)

Abridged Balance Sheet - continued
30th April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7th January 2025 and were signed on its behalf by:




Mr M D Frazer - Director



Mrs H J Frazer - Director


Frazer Waite Desmier Limited (Registered number: 05379498)

Notes to the Financial Statements
for the Year Ended 30th April 2024

1. STATUTORY INFORMATION

Frazer Waite Desmier Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company's interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life.
Goodwill - Over 10 years, on acquisition post 8 July 2015

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 12 ) .

Frazer Waite Desmier Limited (Registered number: 05379498)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st May 2023
and 30th April 2024 844,874
AMORTISATION
At 1st May 2023 141,874
Amortisation for year 28,987
At 30th April 2024 170,861
NET BOOK VALUE

At 30th April 2024 674,013
At 30th April 2023 703,000

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st May 2023
and 30th April 2024 46,131
DEPRECIATION
At 1st May 2023 40,993
Charge for year 1,284
At 30th April 2024 42,277
NET BOOK VALUE
At 30th April 2024 3,854
At 30th April 2023 5,138