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Company Registration No. 10328919 (England and Wales)
Ixer And Franklin Limited Unaudited accounts for the year ended 31 August 2024
Ixer And Franklin Limited Unaudited accounts Contents
Page
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Ixer And Franklin Limited Company Information for the year ended 31 August 2024
Director
Steve Ixer
Company Number
10328919 (England and Wales)
Registered Office
C/O 8, Lulworth Close Hayling Island Hampshire PO11 0NY England
Accountants
Babcock Tax and Accountancy Ltd The Florins 8 Lulworth Close Hayling Island Hampshire PO11 0NY
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Ixer And Franklin Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
7,500 
20,000 
Debtors
10,756 
20,525 
18,256 
40,525 
Creditors: amounts falling due within one year
(11,764)
(28,909)
Net current assets
6,492 
11,616 
Total assets less current liabilities
6,492 
11,616 
Creditors: amounts falling due after more than one year
(6,375)
(11,475)
Net assets
117 
141 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
115 
139 
Shareholders' funds
117 
141 
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 31 August 2024 and were signed on its behalf by
Steve Ixer Director Company Registration No. 10328919
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Ixer And Franklin Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Ixer And Franklin Limited is a private company, limited by shares, registered in England and Wales, registration number 10328919. The registered office is C/O 8, Lulworth Close, Hayling Island, Hampshire, PO11 0NY, 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:
Motor vehicles
20% Straight Line Basis
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 September 2023
13,235 
At 31 August 2024
13,235 
Depreciation
At 1 September 2023
13,235 
At 31 August 2024
13,235 
Net book value
At 31 August 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(1,055)
14,056 
Other debtors
11,811 
6,469 
10,756 
20,525 
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Ixer And Franklin Limited Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,272 
5,512 
VAT
2,745 
(1,758)
Trade creditors
- 
3,449 
Taxes and social security
24,608 
25,149 
Other creditors
14,018 
9,988 
Loans from directors
(37,379)
(14,931)
Accruals
1,500 
1,500 
11,764 
28,909 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,375 
11,475 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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