FRANKLIN BROS LIMITED

Company Registration Number:
07726135 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

FRANKLIN BROS LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

FRANKLIN BROS LIMITED

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 4,923,739 4,923,739
Investments: 4 1,161,725 1,161,725
Total fixed assets: 6,085,464 6,085,464
Current assets
Debtors:   13,169 86,485
Cash at bank and in hand: 34,062 324,064
Total current assets: 47,231 410,549
Creditors: amounts falling due within one year:   (96,254) (368,247)
Net current assets (liabilities): (49,023) 42,302
Total assets less current liabilities: 6,036,441 6,127,766
Creditors: amounts falling due after more than one year:   (4,261,303) (4,398,146)
Total net assets (liabilities): 1,775,138 1,729,620
Capital and reserves
Called up share capital: 99 99
Revaluation reserve:5312,934312,934
Other reserves: (960,000) (960,000)
Profit and loss account: 2,422,105 2,376,587
Shareholders funds: 1,775,138 1,729,620

The notes form part of these financial statements

FRANKLIN BROS LIMITED

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 May 2025
and signed on behalf of the board by:

Name: Mr G. E. D. Franklin
Status: Director

The notes form part of these financial statements

FRANKLIN BROS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FRANKLIN BROS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

FRANKLIN BROS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 4,923,739
At 31 August 2024 4,923,739
Net book value
At 31 August 2024 4,923,739
At 31 August 2023 4,923,739

FRANKLIN BROS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Fixed investments

The investment figure of £1,161,725 relates to the shares purchased in the two subsiduaries being Mill House Farm Ltd and Nene Transport (Lincs) Limited.

FRANKLIN BROS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Revaluation reserve

2024
£
Balance at 01 September 2023 312,934
Surplus or deficit after revaluation 0
Balance at 31 August 2024 312,934