Company Registration No. 11565438 (England and Wales)
Franklynson Developments Limited
Unaudited accounts
for the year ended 30 September 2024
Franklynson Developments Limited
Unaudited accounts
Contents
Franklynson Developments Limited
Company Information
for the year ended 30 September 2024
Director
Dersheane Burrell
Company Number
11565438 (England and Wales)
Registered Office
UNIT 103 61 VICTORIA ROAD
SURBITON
SURREY
KT6 4JX
Franklynson Developments Limited
Statement of financial position
as at 30 September 2024
Tangible assets
1,165
1,443
Cash at bank and in hand
-
847
Creditors: amounts falling due within one year
(4,795)
(54,884)
Net current (liabilities)/assets
(4,795)
21,656
Total assets less current liabilities
(3,630)
23,099
Creditors: amounts falling due after more than one year
(59,219)
(75,104)
Net liabilities
(62,849)
(52,005)
Profit and loss account
(62,849)
(52,005)
Shareholders' funds
(62,849)
(52,005)
For the year ending 30 September 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 5 February 2024 and were signed on its behalf by
Dersheane Burrell
Director
Company Registration No. 11565438
Franklynson Developments Limited
Notes to the Accounts
for the year ended 30 September 2024
Franklynson Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 11565438. The registered office is UNIT 103 61 VICTORIA ROAD, SURBITON, SURREY, KT6 4JX.
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 at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
over 50 years
Plant & machinery
over 5 years
Motor vehicles
over 5 years
Fixtures & fittings
over 5 years
Computer equipment
over 3 years
4
Tangible fixed assets
Computer equipment
At 30 September 2024
1,814
At 30 September 2024
1,165
At 30 September 2023
1,443
Franklynson Developments Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,000
5,000
Taxes and social security
(205)
(205)
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
40,000
40,000
Loans from directors
5,692
17,386
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).