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REGISTERED NUMBER: 09667200 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

FRAGENCY LTD

FRAGENCY LTD (Registered number: 09667200)

Contents of the Financial Statements
for the Year Ended 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FRAGENCY LTD

Company Information
for the Year Ended 31 JULY 2024







DIRECTORS: D Jeshani
G Raghvani





REGISTERED OFFICE: Alpha House
296 Kenton Road
Harrow
HA3 8DD





REGISTERED NUMBER: 09667200 (England and Wales)





ACCOUNTANTS: Frasers Young Limited
Chartered Certified Accountants
Alpha House
296 Kenton Road
Harrow
HA3 8DD

FRAGENCY LTD (Registered number: 09667200)

Balance Sheet
31 JULY 2024

31.7.24 31.7.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 92,163 115,203
Investment property 5 820,475 820,475
912,638 935,678

CURRENT ASSETS
Debtors 6 15,300 12,000
Cash at bank 44,678 35,970
59,978 47,970
CREDITORS
Amounts falling due within one year 7 (492,535 ) (542,365 )
NET CURRENT LIABILITIES (432,557 ) (494,395 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

480,081

441,283

PROVISIONS FOR LIABILITIES (47,132 ) -
NET ASSETS 432,949 441,283

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 432,849 441,183
SHAREHOLDERS' FUNDS 432,949 441,283

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

FRAGENCY LTD (Registered number: 09667200)

Balance Sheet - continued
31 JULY 2024


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 29 April 2025 and were signed on its behalf by:




D Jeshani - Director



G Raghvani - Director


FRAGENCY LTD (Registered number: 09667200)

Notes to the Financial Statements
for the Year Ended 31 JULY 2024


1. STATUTORY INFORMATION

FRAGENCY LTD 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Integral fixtures - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

FRAGENCY LTD (Registered number: 09667200)

Notes to the Financial Statements - continued
for the Year Ended 31 JULY 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Integral and
fixtures fittings Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 132,506 92,500 225,006
DEPRECIATION
At 1 August 2023 64,663 45,140 109,803
Charge for year 13,568 9,472 23,040
At 31 July 2024 78,231 54,612 132,843
NET BOOK VALUE
At 31 July 2024 54,275 37,888 92,163
At 31 July 2023 67,843 47,360 115,203

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 820,475
NET BOOK VALUE
At 31 July 2024 820,475
At 31 July 2023 820,475

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 15,300 12,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Amounts owed to associates 490,825 540,825
Other creditors 1,710 1,540
492,535 542,365

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the Directors.