Company Registration No. 07546563 (England and Wales)
Freeman Surf Ltd
Unaudited accounts
for the year ended 29 February 2024
Freeman Surf Ltd
Unaudited accounts
Contents
Freeman Surf Ltd
Company Information
for the year ended 29 February 2024
Directors
Mrs S Freeman
Mr P Freeman
Company Number
07546563 (England and Wales)
Registered Office
1 Croyde Sands Bungalows
Croyde
Braunton
Devon
EX33 1PS
England
Accountants
North Devon Accounts
4 Cross Tree Centre
Caen Street
Braunton
Devon
EX33 1AA
Freeman Surf Ltd
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
6,878
14,362
Creditors: amounts falling due within one year
(15,630)
(23,839)
Net current assets
75,673
61,624
Total assets less current liabilities
75,984
62,090
Provisions for liabilities
Called up share capital
1,000
1,000
Profit and loss account
74,867
60,973
Shareholders' funds
75,867
61,973
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by
Mrs S Freeman
Director
Company Registration No. 07546563
Freeman Surf Ltd
Notes to the Accounts
for the year ended 29 February 2024
Freeman Surf Ltd is a private company, limited by shares, registered in England and Wales, registration number 07546563. The registered office is 1 Croyde Sands Bungalows, Croyde, Braunton, Devon, EX33 1PS, England.
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.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
13,333
588
8,186
22,107
At 29 February 2024
13,333
588
8,186
22,107
At 1 March 2023
13,333
569
7,739
21,641
Charge for the year
-
6
149
155
At 29 February 2024
13,333
575
7,888
21,796
At 29 February 2024
-
13
298
311
At 28 February 2023
-
19
447
466
Amounts falling due after more than one year
Freeman Surf Ltd
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
2,854
Taxes and social security
3,158
5,337
Loans from directors
4,481
13,644
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).