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REGISTERED NUMBER: 06790144 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

FROGHEATH LIMITED

FROGHEATH LIMITED (REGISTERED NUMBER: 06790144)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


FROGHEATH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: S Moody





REGISTERED OFFICE: Frogheath Nursery
Willingford Lane
BURWASH WEALD
East Sussex
TN19 7HR





REGISTERED NUMBER: 06790144 (England and Wales)





ACCOUNTANTS: Wells Associates
Ground Floor Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS

FROGHEATH LIMITED (REGISTERED NUMBER: 06790144)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 178,558 213,537
178,558 213,537

CURRENT ASSETS
Inventories 13,000 10,000
Debtors 6 134,460 29,108
Cash at bank and in hand 78,820 50,031
226,280 89,139
CREDITORS
Amounts falling due within one year 7 (193,374 ) (147,070 )
NET CURRENT ASSETS/(LIABILITIES) 32,906 (57,931 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

211,464

155,606

CREDITORS
Amounts falling due after more than one
year

8

(18,538

)

(45,733

)

PROVISIONS FOR LIABILITIES (12,784 ) (17,482 )
NET ASSETS 180,142 92,391

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 180,042 92,291
SHAREHOLDERS' FUNDS 180,142 92,391

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

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

The director acknowledges his 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.

FROGHEATH LIMITED (REGISTERED NUMBER: 06790144)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2024


The 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.

The financial statements were approved by the director and authorised for issue on 24 January 2025 and were signed by:





S Moody - Director


FROGHEATH LIMITED (REGISTERED NUMBER: 06790144)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - in accordance with the property
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% on cost

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 21 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 165,400
AMORTISATION
At 1 July 2023
and 30 June 2024 165,400
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

FROGHEATH LIMITED (REGISTERED NUMBER: 06790144)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2023 112,829 268,110 10,342
Additions - 1,842 -
At 30 June 2024 112,829 269,952 10,342
DEPRECIATION
At 1 July 2023 26,023 191,769 7,195
Charge for year 4,514 19,546 787
At 30 June 2024 30,537 211,315 7,982
NET BOOK VALUE
At 30 June 2024 82,292 58,637 2,360
At 30 June 2023 86,806 76,341 3,147

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 127,423 5,586 524,290
Additions - 520 2,362
At 30 June 2024 127,423 6,106 526,652
DEPRECIATION
At 1 July 2023 80,861 4,905 310,753
Charge for year 11,640 854 37,341
At 30 June 2024 92,501 5,759 348,094
NET BOOK VALUE
At 30 June 2024 34,922 347 178,558
At 30 June 2023 46,562 681 213,537

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 79,560 24,995 104,555
DEPRECIATION
At 1 July 2023 54,741 10,935 65,676
Charge for year 6,205 3,515 9,720
At 30 June 2024 60,946 14,450 75,396
NET BOOK VALUE
At 30 June 2024 18,614 10,545 29,159
At 30 June 2023 24,819 14,060 38,879

FROGHEATH LIMITED (REGISTERED NUMBER: 06790144)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 94,234 26,087
Other debtors 40,226 3,021
134,460 29,108

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 18,138 18,239
Trade creditors 71,334 101,094
Taxation and social security 72,989 (3,395 )
Other creditors 20,913 21,132
193,374 147,070

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 11,667 21,667
Hire purchase contracts 6,871 24,066
18,538 45,733