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Company Registration No. 12751653 (England and Wales)
Franek & Co Ltd Unaudited accounts for the year ended 31 July 2024
Franek & Co Ltd Unaudited accounts Contents
Page
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Franek & Co Ltd Company Information for the year ended 31 July 2024
Directors
Ms. Patrycja Agnieszka PALONEK-SZWAGROWSKI Mr. Marek SZWAGROWSKI
Company Number
12751653 (England and Wales)
Registered Office
2 MEDFIELD STREET LONDON SW15 4JZ ENGLAND
Accountants
Murugesu Associates 77 Milson Road West Kensington London W14 0LH
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Franek & Co Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,900 
40,599 
Current assets
Inventories
28,500 
26,500 
Debtors
34,125 
5,125 
Cash at bank and in hand
9,302 
35,584 
71,927 
67,209 
Creditors: amounts falling due within one year
(15,027)
(14,682)
Net current assets
56,900 
52,527 
Net assets
95,800 
93,126 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
95,798 
93,124 
Shareholders' funds
95,800 
93,126 
For the year ending 31 July 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 16 April 2025 and were signed on its behalf by
Mr. Marek SZWAGROWSKI Director Company Registration No. 12751653
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Franek & Co Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Franek & Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 12751653. The registered office is 2 MEDFIELD STREET, LONDON, SW15 4JZ, 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
20% at cost
Motor vehicles
20% at cost
Fixtures & fittings
20% at cost
Computer equipment
20% at cost
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 August 2023
25,500 
9,485 
8,333 
3,753 
1,762 
48,833 
Additions
- 
3,111 
- 
- 
599 
3,710 
At 31 July 2024
25,500 
12,596 
8,333 
3,753 
2,361 
52,543 
Depreciation
At 1 August 2023
- 
3,094 
3,334 
1,102 
704 
8,234 
Charge for the year
- 
2,519 
1,667 
751 
472 
5,409 
At 31 July 2024
- 
5,613 
5,001 
1,853 
1,176 
13,643 
Net book value
At 31 July 2024
25,500 
6,983 
3,332 
1,900 
1,185 
38,900 
At 31 July 2023
25,500 
6,391 
4,999 
2,651 
1,058 
40,599 
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Franek & Co Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
5,125 
5,125 
Other debtors
29,000 
- 
34,125 
5,125 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(26)
1,975 
Trade creditors
4,304 
1,155 
Taxes and social security
8,189 
8,071 
Other creditors
- 
696 
Loans from directors
360 
785 
Accruals
2,200 
2,000 
15,027 
14,682 
7
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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