| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Period 1 January 2024 to 30 April 2025 |
| for |
| FRANKLIN & ASSOCIATES LTD |
| REGISTERED NUMBER: |
| 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 |
| Other income |
| Cost of raw materials and consumables | ( |
) | ( |
) |
| Staff costs | ( |
) |
| Depreciation and other amounts written off assets | ( |
) | ( |
) |
| Other charges | ( |
) | ( |
) |
| Taxation | ( |
) | ( |
) |
| (LOSS)/PROFIT | ( |
) |
| FRANKLIN & ASSOCIATES LTD (REGISTERED NUMBER: 11732190) |
| Balance Sheet |
| 30 April 2025 |
| 30.4.25 | 31.12.23 |
| £ | £ | £ | £ |
| FIXED ASSETS |
| CURRENT ASSETS |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| NOTES TO THE FINANCIAL STATEMENTS |
| 1. | STATUTORY INFORMATION |
| Franklin & Associates Ltd is a |
| Registered number: |
| Registered office: |
| 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 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 were approved by the Board of Directors and authorised for issue on |