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Company Registration No. 09983901 (England and Wales)
FRC Timber Frames Limited Unaudited accounts for the year ended 31 March 2024
FRC Timber Frames Limited Unaudited accounts Contents
Page
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FRC Timber Frames Limited Company Information for the year ended 31 March 2024
Director
Thomas Kempin
Company Number
09983901 (England and Wales)
Registered Office
Parkdene Wilton Road Melton Mowbray Leicestershire LE13 0UJ England
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FRC Timber Frames Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,875 
- 
Tangible assets
34,257 
59,629 
36,132 
59,629 
Current assets
Inventories
150,000 
100,000 
Debtors
(171,550)
543,550 
Cash at bank and in hand
(100,001)
- 
(121,551)
643,550 
Creditors: amounts falling due within one year
(161,803)
(802,256)
Net current liabilities
(283,354)
(158,706)
Total assets less current liabilities
(247,222)
(99,077)
Creditors: amounts falling due after more than one year
(30,744)
(55,183)
Net liabilities
(277,966)
(154,260)
Capital and reserves
Called up share capital
12 
12 
Profit and loss account
(277,978)
(154,272)
Shareholders' funds
(277,966)
(154,260)
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 director acknowledges his 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 and authorised for issue on 8 April 2025 and were signed on its behalf by
Thomas Kempin Director Company Registration No. 09983901
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FRC Timber Frames Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
FRC Timber Frames Limited is a private company, limited by shares, registered in England and Wales, registration number 09983901. The registered office is Parkdene, Wilton Road, Melton Mowbray, Leicestershire, LE13 0UJ, 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.
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% RB
Motor vehicles
25% RB
Fixtures & fittings
25% RB
Computer equipment
25% RB
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. The rate of Amortisation is 25% per annum.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
- 
Additions
2,500 
At 31 March 2024
2,500 
Amortisation
At 1 April 2023
- 
Charge for the year
625 
At 31 March 2024
625 
Net book value
At 31 March 2024
1,875 
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FRC Timber Frames Limited Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
39,237 
160,447 
2,540 
934 
203,158 
Disposals
(15,000)
(27,829)
- 
- 
(42,829)
At 31 March 2024
24,237 
132,618 
2,540 
934 
160,329 
Depreciation
At 1 April 2023
17,592 
125,068 
635 
234 
143,529 
Charge for the year
3,161 
7,607 
476 
175 
11,419 
On disposals
(6,000)
(22,876)
- 
- 
(28,876)
At 31 March 2024
14,753 
109,799 
1,111 
409 
126,072 
Net book value
At 31 March 2024
9,484 
22,819 
1,429 
525 
34,257 
At 31 March 2023
21,645 
35,379 
1,905 
700 
59,629 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
121,434 
79,550 
Trade debtors
178,686 
97,751 
Amounts due from group undertakings etc.
(471,671)
- 
Other debtors
1 
366,249 
(171,550)
543,550 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
140,825 
Obligations under finance leases and hire purchase contracts
34,701 
31,167 
Trade creditors
144,780 
434,567 
Amounts owed to group undertakings and other participating interests
(66,378)
85,713 
Taxes and social security
24,124 
94,207 
Other creditors
13,512 
12,377 
Loans from directors
8,384 
- 
Accruals
2,680 
3,400 
161,803 
802,256 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
31,027 
Obligations under finance leases and hire purchase contracts
30,744 
24,156 
30,744 
55,183 
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FRC Timber Frames Limited Notes to the Accounts for the year ended 31 March 2024
9
Average number of employees
During the year the average number of employees was 12 (2023: 9).
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