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REGISTERED NUMBER: 06990690 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Frognal Associates Limited

Frognal Associates Limited (Registered number: 06990690)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Frognal Associates Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: W A Finegold
Mrs J C Finegold





REGISTERED OFFICE: NT Accountancy
43 Lynton Mead
London
N20 8DG





REGISTERED NUMBER: 06990690 (England and Wales)





ACCOUNTANTS: NT Accountancy
Chartered Accountants
43 Lynton Mead
London
N20 8DG

Frognal Associates Limited (Registered number: 06990690)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,265 29,646
Investments 5 50 50
17,315 29,696

CURRENT ASSETS
Debtors 6 1,484,291 1,566,364
Cash at bank 569,642 406,055
2,053,933 1,972,419
CREDITORS
Amounts falling due within one year 7 46,343 43,571
NET CURRENT ASSETS 2,007,590 1,928,848
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,024,905

1,958,544

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 2,023,905 1,957,544
SHAREHOLDERS' FUNDS 2,024,905 1,958,544

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Frognal Associates Limited (Registered number: 06990690)

Balance Sheet - continued
30 November 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 Board of Directors and authorised for issue on 17 January 2025 and were signed on its behalf by:





W A Finegold - Director


Frognal Associates Limited (Registered number: 06990690)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Frognal Associates 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.

Revenue recognition
Turnover represents interest received from loan advances made.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2023 52,935 7,715 60,650
Additions - 2,196 2,196
At 30 November 2024 52,935 9,911 62,846
DEPRECIATION
At 1 December 2023 26,468 4,536 31,004
Charge for year 13,234 1,343 14,577
At 30 November 2024 39,702 5,879 45,581
NET BOOK VALUE
At 30 November 2024 13,233 4,032 17,265
At 30 November 2023 26,467 3,179 29,646

Frognal Associates Limited (Registered number: 06990690)

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2023
and 30 November 2024 50
NET BOOK VALUE
At 30 November 2024 50
At 30 November 2023 50

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 1,344,291 1,566,364
Other debtors 140,000 -
1,484,291 1,566,364

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Corporation tax 27,795 23,966
Directors' current accounts 10,709 7,283
Accrued expenses 7,839 12,322
46,343 43,571