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Company Registration No. 05768135 (England and Wales)
FRANK'S LUXURY BISCUIT COMPANY LIMITED Unaudited accounts for the year ended 31 March 2024
FRANK'S LUXURY BISCUIT COMPANY LIMITED Unaudited accounts Contents
Page
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FRANK'S LUXURY BISCUIT COMPANY LIMITED Company Information for the year ended 31 March 2024
Directors
Frank Cornthwaite LESLEY JANET CORNTHWAITE Makesh Kaul
Company Number
05768135 (England and Wales)
Registered Office
THE BAKERY UNIT 4C, RAMSDEN ROAD ROTHERWAS INDUSTRIAL ESTATE HEREFORD HR2 6LR ENGLAND
Accountants
IRTS Business Solutions Limited 209 The Heights Northolt Middlesex UB5 4BX
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FRANK'S LUXURY BISCUIT COMPANY LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
15,000 
22,500 
Tangible assets
19,152 
28,164 
34,152 
50,664 
Current assets
Inventories
90,325 
88,148 
Debtors
55,701 
71,917 
Cash at bank and in hand
8,361 
12,919 
154,387 
172,984 
Creditors: amounts falling due within one year
(116,851)
(171,616)
Net current assets
37,536 
1,368 
Total assets less current liabilities
71,688 
52,032 
Provisions for liabilities
Deferred tax
(6,904)
(6,904)
Net assets
64,784 
45,128 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
64,684 
45,028 
Shareholders' funds
64,784 
45,128 
For the year ending 31 March 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 28 January 2025 and were signed on its behalf by
Makesh Kaul Director Company Registration No. 05768135
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FRANK'S LUXURY BISCUIT COMPANY LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
FRANK'S LUXURY BISCUIT COMPANY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05768135. The registered office is THE BAKERY UNIT 4C, RAMSDEN ROAD, ROTHERWAS INDUSTRIAL ESTATE, HEREFORD, HR2 6LR, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Computer equipment
25%
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
150,000 
At 31 March 2024
150,000 
Amortisation
At 1 April 2023
127,500 
Charge for the year
7,500 
At 31 March 2024
135,000 
Net book value
At 31 March 2024
15,000 
At 31 March 2023
22,500 
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FRANK'S LUXURY BISCUIT COMPANY LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
125,548 
3,165 
128,713 
At 31 March 2024
125,548 
3,165 
128,713 
Depreciation
At 1 April 2023
97,403 
3,146 
100,549 
Charge for the year
9,000 
12 
9,012 
At 31 March 2024
106,403 
3,158 
109,561 
Net book value
At 31 March 2024
19,145 
7 
19,152 
At 31 March 2023
28,145 
19 
28,164 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,072 
- 
Trade debtors
54,629 
71,917 
55,701 
71,917 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
36,914 
72,565 
VAT
60 
3,493 
Trade creditors
47,250 
53,886 
Taxes and social security
19,646 
18,351 
Other creditors
- 
7,532 
Loans from directors
12,981 
15,789 
116,851 
171,616 
8
Average number of employees
During the year the average number of employees was 9 (2023: 9).
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