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REGISTERED NUMBER: 09643049 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

FROST CONTRACTS LIMITED

FROST CONTRACTS LIMITED (REGISTERED NUMBER: 09643049)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FROST CONTRACTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: L M Frost
Mrs E M Frost





REGISTERED OFFICE: 2 Hawthorne Road
North Kilworth
Lutterworth
Leicestershire
LE17 6EU





REGISTERED NUMBER: 09643049 (England and Wales)





ACCOUNTANTS: AEH Accountancy Ltd
Church Farm
Main Street
Willey
Warwickshire
CV23 0SH

FROST CONTRACTS LIMITED (REGISTERED NUMBER: 09643049)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 17,057 17,058
Cash at bank 1 1
17,058 17,059
CREDITORS
Amounts falling due within one year 5 17,833 17,834
NET CURRENT LIABILITIES (775 ) (775 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(775

)

(775

)

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 (875 ) (875 )
SHAREHOLDERS' FUNDS (775 ) (775 )

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 24 March 2025 and were signed on its behalf by:





L M Frost - Director


FROST CONTRACTS LIMITED (REGISTERED NUMBER: 09643049)

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

1. STATUTORY INFORMATION

Frost Contracts Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the Company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant, Actual results may differ from these estimates.

Financial instruments
Financial assets
Receivables are stated at amortised cost using the effective interest rate method. A provision for impairment of receivables is established where there is objective evidence that the company will not be able to collect all amounts due according to the original terms of payment. Receivables are considered for impairment on a case by case basis and any provision is based on the directors' assessment of the amount recoverable on each receivable.

Financial liabilities
The company's financial liabilities include trade and other payables, which are measured at amortised cost using the effective interest rate method. Financial liabilities are recognised when the company becomes a party to the contractual agreements of the instrument. Interest-related charges are recognised as an expense in the period in which they are incurred.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts 17,057 17,058

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 17,012 17,012
Tax 221 221
VAT - 1
Accrued expenses 600 600
17,833 17,834

FROST CONTRACTS LIMITED (REGISTERED NUMBER: 09643049)

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

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

7. RESERVES
Retained
earnings
£   

At 1 July 2023 (875 )
Profit for the year -
At 30 June 2024 (875 )

8. RELATED PARTY DISCLOSURES

As at the year ended 30 June 2023, there was a balance owed by the directors to the company of £17,058 (2022 £10,212). This amount is included within debtors on the balance sheet and has been repaid within nine months of the year end.

9. ULTIMATE CONTROLLING PARTY

The Ultimate Controlling Party is Mr L M Frost and Mrs E M Frost