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Registered Number: 12585137
England and Wales

 

 

 

FREEDOM THROUGH DESIGN LTD


Filleted Unaudited Financial Statements
 


Period of accounts

Start date: 01 June 2023

End date: 31 May 2024
Director David Constantine
Registered Number 12585137
Registered Office Bristol North Baths C/O Bond & Co Accountants Limited
Gloucester Road
Bristol
Bristol
BS7 8BN
Accountants Bond & Co Chartered Certified Accountants
Bristol North Baths
Gloucester Road
Bristol
BS7 8BN
1
Director's report and financial statements
The director presents his annual report and the financial statements for the year ended 31 May 2024.
Principal activities
The companys principal activity during the year was that of management consultancy.
Director
The director who served the company throughout the year was as follows:
David Constantine
Statement of director's responsibilities
The director is responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to
  • select suitable accounting policies and then apply them consistently
  • make judgments and accounting estimates that are reasonable and prudent
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business


The director is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

On behalf of the board.


----------------------------------
David Constantine
Director

Date approved: 04 February 2025
2
Report to the directors on the preparation of the unaudited statutory accounts of Freedom Through Design Ltd for the year ended 31 May 2024. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Freedom Through Design Ltd for the year ended 31 May 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of Freedom Through Design Ltd, as a body, in accordance with the terms of our engagement letter dated 16 July 2020. Our work has been undertaken solely to prepare for your approval the accounts of Freedom Through Design Ltd and state those matters that we have agreed to state to the Board of Directors of Freedom Through Design Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Freedom Through Design Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Freedom Through Design Ltd 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 Freedom Through Design Ltd. You consider that Freedom Through Design Ltd 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 Freedom Through Design Ltd. 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 31 May 2024.



Bond & Co Chartered Certified Accountants

Bristol North Baths
Gloucester Road
Bristol
BS7 8BN
04 February 2025
3
 
 
Notes
 
2024
£
  2023
£
Current assets      
Debtors 3 6,551    3,579 
Cash at bank and in hand 6,443    12,466 
12,994    16,045 
Creditors: amount falling due within one year 4 (20,300)   (13,866)
Net current assets (7,306)   2,179 
 
Total assets less current liabilities (7,306)   2,179 
Net assets (7,306)   2,179 
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account (7,307)   2,178 
Shareholders' funds (7,306)   2,179 
 


For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 04 February 2025 and were signed by:


-------------------------------
David Constantine
Director
4
  Equity share capital   Retained Earnings   Total
£ £ £
At 01 June 2022 1  (2,274) (2,273)
Profit for the year 4,452  4,452 
Total comprehensive income for the year 4,452  4,452 
Total investments by and distributions to owners
At 31 May 2023 1  2,178  2,179 
At 01 June 2023 1  2,178  2,179 
Profit for the year (9,485) (9,485)
Total comprehensive income for the year (9,485) (9,485)
Total investments by and distributions to owners
At 31 May 2024 1  (7,307) (7,306)
5
General Information
Freedom Through Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 12585137, registration address Bristol North Baths C/O Bond & Co Accountants Limited , Gloucester Road, Bristol, Bristol, BS7 8BN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).
3.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 6,551    3,579 
6,551    3,579 

4.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 6,381    1,272 
Corporation Tax   565 
Accrued Expenses 960    900 
Other Creditors (1)  
Directors' Current Accounts 12,960    11,129 
20,300    13,866 

6