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REGISTERED NUMBER: 06582636 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024

FOR

FROST MEADOWCROFT LTD

FROST MEADOWCROFT LTD (REGISTERED NUMBER: 06582636)






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




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


FROST MEADOWCROFT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: S J Wolfe
S K Kibble





SECRETARY: Mrs J M Kibble





REGISTERED OFFICE: Island Studios
22 St Peters Square
Hammersmith
London
W6 9NW





REGISTERED NUMBER: 06582636 (England and Wales)





ACCOUNTANTS: Bentens
Chartered Certified Accountants
Abbey House
51 High Street
Saffron Walden
Essex
CB10 1AF

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
FROST MEADOWCROFT LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Frost Meadowcroft Ltd for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's 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://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Frost Meadowcroft Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Frost Meadowcroft Ltd and state those matters that we have agreed to state to the Board of Directors of Frost Meadowcroft Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Frost Meadowcroft Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Frost Meadowcroft Ltd. You consider that Frost Meadowcroft 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 financial statements of Frost Meadowcroft 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 financial statements.






Bentens
Chartered Certified Accountants
Abbey House
51 High Street
Saffron Walden
Essex
CB10 1AF


21 February 2025

FROST MEADOWCROFT LTD (REGISTERED NUMBER: 06582636)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 28,617 35,761
28,617 35,761

CURRENT ASSETS
Debtors 6 162,749 114,284
Cash at bank 278,671 272,545
441,420 386,829
CREDITORS
Amounts falling due within one year 7 146,336 99,626
NET CURRENT ASSETS 295,084 287,203
TOTAL ASSETS LESS CURRENT
LIABILITIES

323,701

322,964

CREDITORS
Amounts falling due after more than one
year

8

(23,025

)

(31,846

)

PROVISIONS FOR LIABILITIES (1,183 ) (1,393 )
NET ASSETS 299,493 289,725

FROST MEADOWCROFT LTD (REGISTERED NUMBER: 06582636)

BALANCE SHEET - continued
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1,500 1,500
Share premium (3,500 ) (3,500 )
Retained earnings 301,493 291,725
SHAREHOLDERS' FUNDS 299,493 289,725

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

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

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 21 February 2025 and were signed on its behalf by:




S K Kibble - Director



S J Wolfe - Director


FROST MEADOWCROFT LTD (REGISTERED NUMBER: 06582636)

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

1. STATUTORY INFORMATION

Frost Meadowcroft Ltd 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
Turnover comprises the value of goods and services supplied by the company, net of Value Added Tax.

Website design
Website design costs are capitalised and depreciated on a straight line basis over its useful economic life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% reducing balance
Fixtures and fittings - 25% reducing balance
Computer equipment - 25% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

FROST MEADOWCROFT LTD (REGISTERED NUMBER: 06582636)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023
and 30 September 2024 4,089
AMORTISATION
At 1 October 2023
and 30 September 2024 4,089
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
Equipment fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 20,439 4,765 33,300 36,098 94,602
Additions - 2,081 - 1,593 3,674
At 30 September 2024 20,439 6,846 33,300 37,691 98,276
DEPRECIATION
At 1 October 2023 13,982 4,625 8,325 31,909 58,841
Charge for year 1,614 555 6,244 2,405 10,818
At 30 September 2024 15,596 5,180 14,569 34,314 69,659
NET BOOK VALUE
At 30 September 2024 4,843 1,666 18,731 3,377 28,617
At 30 September 2023 6,457 140 24,975 4,189 35,761

FROST MEADOWCROFT LTD (REGISTERED NUMBER: 06582636)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 157,878 92,657
Other debtors 2,672 15,703
Directors' current accounts 951 4,117
Prepayments and accrued income 1,248 1,807
162,749 114,284

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 1,500 10,500
Hire purchase contracts 2,142 -
Trade creditors 4,671 11,011
Corporation tax 7,479 (21 )
Social security and other taxes 30,752 21,195
VAT 50,808 23,206
Other creditors 7,606 7,307
Directors' current accounts 26,678 26,428
Accrued expenses 14,700 -
146,336 99,626

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Hire purchase contracts 23,025 31,846

9. RELATED PARTY DISCLOSURES

During the year dividends totalling £nil were paid to the directors of the company S K Kibble and S J Wolfe (2023 £nil).

The company also trades with Frost Meadowcroft Surveyors LLP a limited liability partnership wholly owned by members who are also the directors of Frost Meadowcroft Ltd. During the year transactions to the value of £0 have taken place between both entities, all at market value. At the year end there is a balance of £38,896 owed by Frost Meadowcroft Ltd (2023 £51,630).

10. ULTIMATE CONTROLLING PARTY

There is no controlling party.