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REGISTERED NUMBER: 10560025 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

Neil Frettsome Ltd

Neil Frettsome Ltd (Registered number: 10560025)

Contents of the Financial Statements
for the Year Ended 31 January 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Neil Frettsome Ltd

Company Information
for the Year Ended 31 January 2025







DIRECTORS: N Frettsome
Mrs J Frettsome





REGISTERED OFFICE: 39 Willow Tree Close
Barwell
Leicestershire
LE9 8LP





REGISTERED NUMBER: 10560025 (England and Wales)





ACCOUNTANTS: Geoff Cowley & Co Ltd
Willow Park
Upton Lane
Stoke Golding
Nuneaton
Warwickshire
CV13 6EU

Neil Frettsome Ltd (Registered number: 10560025)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,967 13,295

CURRENT ASSETS
Debtors 5 14,268 12,553
Cash at bank 15,969 14,445
30,237 26,998
CREDITORS
Amounts falling due within one year 6 27,055 27,956
NET CURRENT ASSETS/(LIABILITIES) 3,182 (958 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,149

12,337

PROVISIONS FOR LIABILITIES 1,902 2,283
NET ASSETS 11,247 10,054

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 11,147 9,954
SHAREHOLDERS' FUNDS 11,247 10,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

Neil Frettsome Ltd (Registered number: 10560025)

Balance Sheet - continued
31 January 2025


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 11 March 2025 and were signed on its behalf by:





N Frettsome - Director


Neil Frettsome Ltd (Registered number: 10560025)

Notes to the Financial Statements
for the Year Ended 31 January 2025


1. STATUTORY INFORMATION

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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 1 (2024 - 1 ) .

Neil Frettsome Ltd (Registered number: 10560025)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 February 2024
and 31 January 2025 29,789 3,264 834 33,887
DEPRECIATION
At 1 February 2024 17,222 2,598 772 20,592
Charge for year 3,141 167 20 3,328
At 31 January 2025 20,363 2,765 792 23,920
NET BOOK VALUE
At 31 January 2025 9,426 499 42 9,967
At 31 January 2024 12,567 666 62 13,295

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 13,770 12,055
Other debtors 498 498
14,268 12,553

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans and overdrafts 4,208 7,178
Trade creditors - (262 )
Taxation and social security 22,382 20,628
Other creditors 465 412
27,055 27,956

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £    £   
100 Ordinary 1 100 100