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REGISTERED NUMBER: 11732190 (England and Wales)















Unaudited Financial Statements for the Period 1 January 2024 to 30 April 2025

for

FRANKLIN & ASSOCIATES LTD

FRANKLIN & ASSOCIATES LTD (REGISTERED NUMBER: 11732190)






Contents of the Financial Statements
for the Period 1 January 2024 to 30 April 2025




Page

Income Statement 1

Balance Sheet 2


FRANKLIN & ASSOCIATES LTD (REGISTERED NUMBER: 11732190)

Income Statement
for the Period 1 January 2024 to 30 April 2025

Period
1.1.24
to Year Ended
30.4.25 31.12.23
£    £   

TURNOVER 57,155 93,805

Other income - 289

Cost of raw materials and consumables (1,387 ) (1,539 )

Staff costs - (387 )

Depreciation and other amounts written off assets (14,061 ) (4,566 )

Other charges (45,378 ) (46,381 )

Taxation (1,974 ) (8,850 )

(LOSS)/PROFIT (5,645 ) 32,371

FRANKLIN & ASSOCIATES LTD (REGISTERED NUMBER: 11732190)

Balance Sheet
30 April 2025

30.4.25 31.12.23
£    £    £    £   
FIXED ASSETS 11,810 25,871

CURRENT ASSETS 224 4,713

CREDITORS
Amounts falling due within one year (11,304 ) (24,209 )
NET CURRENT LIABILITIES (11,080 ) (19,496 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

730

6,375

CAPITAL AND RESERVES 730 6,375

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Franklin & Associates Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11732190

Registered office: 28 Cleve Wood Road
Thornbury
Sth Gloucestershire
BS35 2GA

2. CLOSE OF BUSINESS

Stephen Franklin, the Managing Director, has been diagnosed with Parkinson's Disease and has suffered a heart attack. He has spent these last months sub-contracting out his work while resigning from working with his longstanding clients. He is unable to continue working and to this end is closing the company, Franklin & Associates Ltd.

The motor vehicle and computer equipment have been valued and have been found to be of lower value than previous depreciation has accounted for. Therefore, the actual amounts that could be raised for the items are accurately valued to date.

Mr Franklin has taken on last year's Corporation Tax bill personally and is discharging this at a monthly sum of £ 349 with Advantis.

This year's Corporation Tax will be paid from the sale of the motor vehicle as will the re-payment on the Director's Loan Account, which has arisen due to him also personally paying off other creditors of the Company.

3. AVERAGE NUMBER OF EMPLOYEES

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

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Advances to Directors are to be repaid within nine months of the year-end and the balance outstanding at any time carries an interest charge of 3.55 % per annum.


FRANKLIN & ASSOCIATES LTD (REGISTERED NUMBER: 11732190)

Balance Sheet - continued
30 April 2025



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2025 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 in accordance with the micro-entity provisions.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by:





S R Franklin - Director