Free Turn Holdings Limited |
Registered number: |
13049494 |
Balance Sheet |
as at 30 June 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Called up share capital not paid |
|
|
|
741 |
|
|
741 |
|
Current assets |
Debtors |
4 |
|
497,499 |
|
|
507,339 |
|
|
Net current assets |
|
|
|
497,499 |
|
|
507,339 |
|
Total assets less current liabilities |
|
|
|
498,240 |
|
|
508,080 |
|
Creditors: amounts falling due after more than one year |
5 |
|
|
(18,000) |
|
|
(18,000) |
|
|
|
Net assets |
|
|
|
480,240 |
|
|
490,080 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
823 |
|
|
823 |
Share premium |
|
|
|
499,918 |
|
|
499,918 |
Profit and loss account |
|
|
|
(20,501) |
|
|
(10,661) |
|
Shareholders' funds |
|
|
|
480,240 |
|
|
490,080 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Gemma Irene Batterby |
Director |
Approved by the board on 18 March 2025 |
|
Free Turn Holdings Limited |
Notes to the Accounts |
for the year ended 30 June 2024 |
|
|
1 |
General Information |
|
|
Free Turn Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13049494. The registered office is 12-13 Little Newport Street, London, WC2H 7JJ |
|
2 |
Accounting policies |
|
2.1 |
Basis of preparation |
|
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. |
|
2.2 |
Small group |
|
Free Turn Holdings Ltd is the parent company of a small group and has chosen not to prepare group accounts. |
|
|
3 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
4 |
|
4 |
|
|
|
|
|
|
|
|
|
|
4 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Inter-company indebtedness |
497,499 |
|
507,339 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
£ |
£ |
|
|
Other loans |
18,000 |
|
18,000 |
|
|
|
|
|
|
|
18,000 |
|
18,000 |
|
|
|
|
|
|
|
|
|
6 |
Share Capital |
|
|
|
|
|
|
2024 |
|
2023 |
£ |
£ |
|
Allotted, Called up and fully paid |
83 |
|
83 |
|
Allotted, Called up and unpaid |
741 |
|
741 |
|
|
|
|
|
|
824 |
|
824 |
|
|
|
|
|
|
|
|
|
7 |
Related party transactions |
|
|
At the year end the company was owed £497,499 (2023 - £507,339) by Free Turn Limted, a wholly owned subsidiary. |
|
8 |
Transactions with directors |
|
|
At the year end the company owed Adela Debuse the wife of a director £18,000 (2023 - £18,000), the debt is unsecured and interest free. |