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COMPANY REGISTRATION NUMBER: SC253778
FREEWARD LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 December 2024
FREEWARD LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Contents
Page
Officers and professional advisers
1
Chartered accountants' report to the board of directors on preparation of the unaudited statutory financial statements of
2
Statement of financial position and the notes to the financial statements
3
FREEWARD LIMITED
OFFICERS AND PROFESSIONAL ADVISERS
Director
Mr G Scott
Company secretary
Mrs C Scott
Registered office
26-30 Marine Place
Buckie
Moray
AB56 1UT
Accountants
Ritsons
Chartered Accountants
26-30 Marine Place
Buckie
Moray
AB56 1UT
FREEWARD LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF
YEAR ENDED 31 DECEMBER 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Freeward Limited for the year ended 31 December 2024, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the director of Freeward Limited. Our work has been undertaken solely to prepare for your approval the financial statements of Freeward Limited and state those matters that we have agreed to state to you in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Freeward Limited and its director for our work or for this report.
It is your duty to ensure that Freeward Limited 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 loss of Freeward Limited. You consider that Freeward Limited 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 Freeward Limited. 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.
Ritsons Chartered Accountants
26-30 Marine Place Buckie Moray AB56 1UT
14 March 2025
FREEWARD LIMITED
STATEMENT OF FINANCIAL POSITION
31 December 2024
2024
2023
£
£
Fixed assets
2,557
3,009
-------
-------
Current assets
7,145
6,098
Creditors: amounts falling due within one year
37,792
31,772
--------
--------
NET CURRENT LIABILITIES
30,647
25,674
--------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 28,090)
( 22,665)
Accruals and deferred income
1,000
1,000
--------
--------
(29,090)
(23,665)
--------
--------
Capital and reserves
( 29,090)
( 23,665)
--------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 14 March 2025 , and are signed on behalf of the board by:
Mr G Scott
Director
Company registration number: SC253778
The company is a private company limited by shares, registered in Scotland.