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REGISTERED NUMBER: 09665908 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Frank Mann Ltd

Frank Mann Ltd (Registered number: 09665908)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Frank Mann Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: T J Cowell





SECRETARY: Mrs K M Cowell





REGISTERED OFFICE: Clayhill Farm
Marden Road
Cranbrook
Kent
TN17 2LP





REGISTERED NUMBER: 09665908 (England and Wales)





ACCOUNTANTS: APT
44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN

Frank Mann Ltd (Registered number: 09665908)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Investments 4 1,782,700 1,780,373

CURRENT ASSETS
Cash at bank 292 556

CREDITORS
Amounts falling due within one year 5 253,420 281,104
NET CURRENT LIABILITIES (253,128 ) (280,548 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,529,572

1,499,825

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings 1,529,560 1,499,813
SHAREHOLDERS' FUNDS 1,529,572 1,499,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 June 2025 and were signed by:





T J Cowell - Director


Frank Mann Ltd (Registered number: 09665908)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Frank Mann 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.

The functional and presentational currency of the company is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

Going concern
Current liabilities exceed current assets, however, after reviewing the company's forecasts and projections, the members have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Preparation of consolidated financial statements
The financial statements contain information about Frank Mann Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Other investments
Other investments are shown at fair value or where fair value cannot be readily ascertained at cost less impairment. Any aggregate or surplus arising from changes in fair value is recognised through profit and loss.

Financial instruments
Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost, using the effective interest rate method.

Basic financial liabilities including trade and other payables are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.


Frank Mann Ltd (Registered number: 09665908)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Provision for liabilities
Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Dividends
Dividends are recognised as liabilities once they are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. FIXED ASSET INVESTMENTS

31.3.25 31.3.24
£    £   
Shares in group undertakings 10 10
Other investments not loans 1,782,690 1,780,363
1,782,700 1,780,373

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 April 2024
and 31 March 2025 10
NET BOOK VALUE
At 31 March 2025 10
At 31 March 2024 10

Frank Mann Ltd (Registered number: 09665908)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


4. FIXED ASSET INVESTMENTS - continued

Investments (neither listed nor unlisted) were as follows:
31.3.25 31.3.24
£    £   
Brought forward 1,780,363 1,780,363
Capital introduced 2,327 -
1,782,690 1,780,363

Investments (neither listed nor unlisted) represents the company's capital account balance in Clayhill Agri LLP at cost.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Amounts owed to group undertakings - 12,500
Other creditors 253,420 268,604
253,420 281,104

6. RELATED PARTY DISCLOSURES

Included within other creditors is a balance of £252,821 (2024: £268,604) owed to key management personnel at the period end. The loan is interest free and repayable on demand.

During the period the company received dividends totalling £95,284 (2024: £136,700) from its subsidiary Manufacturing Recruitment Limited. As at the balance sheet date the company owed its subsidiary £nil (2024: £12,500) and this is included in creditors falling due within one year. The loan is interest free and repayable on demand.

Frank Mann Limited is connected with Clayhill Agri LLP through common directors, shareholders and members. During the period the company received a profit share of £2,327 (2023: £nil) from Clayhill Agri LLP.