| Registered number: 9471056 | ||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||
| Prepared By: | ||||||||
| Rolyat Limited | ||||||||
| Accountants | ||||||||
| 175 Cole Valley Road | ||||||||
| Birmingham | ||||||||
| B28 0DG | ||||||||
| Friction Free Fluids Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Staffs | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 9471056 | ||||||||
| ACCOUNTANTS | ||||||||
| Rolyat Limited | ||||||||
| Accountants | ||||||||
| 175 Cole Valley Road | ||||||||
| Birmingham | ||||||||
| B28 0DG | ||||||||
| Friction Free Fluids Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/03/2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Friction Free Fluids Ltd | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 4 | |||||||||
| Cash at bank and in hand | ||||||||||
| 204,686 | 124,630 | |||||||||
| CREDITORS: Amounts falling due within one year | 5 | |||||||||
| NET CURRENT ASSETS | 69,177 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 6 | 87,500 | - | |||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 8 | |||||||||
| Profit and loss account | 54,219 | 84,003 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Friction Free Fluids Ltd | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Commercial Vehicles | reducing balance 25% | |||||||
| Equipment | reducing balance 25% | |||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 2 | |||||
| 3. TANGIBLE FIXED ASSETS | ||||||
| Commercial | ||||||
| Vehicles | Equipment | Total | ||||
| £ | £ | £ | ||||
| Cost | ||||||
| At 01/04/2024 | 23,995 | 1,225 | 25,220 | |||
| At 31/03/2025 | 23,995 | 1,225 | 25,220 | |||
| Depreciation | ||||||
| At 01/04/2024 | 5,999 | 794 | 6,793 | |||
| For the year | 4,499 | 108 | 4,607 | |||
| At 31/03/2025 | 10,498 | 902 | 11,400 | |||
| Net Book Amounts | ||||||
| At 31/03/2025 | 13,820 | |||||
| At 31/03/2024 | 18,427 | |||||
| Friction Free Fluids Ltd | ||||||||
| 4. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 54,829 | 41,286 | ||||||
| Deferred loan costs <1yr | 1,380 | - | ||||||
| Prepayments | 437 | 281 | ||||||
| Directors current account | 99,726 | - | ||||||
| 156,372 | 41,567 | |||||||
| Amounts falling due over more than one year | ||||||||
| Deferred loan costs >1yr | 5,405 | - | ||||||
| 5,405 | - | |||||||
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| UK corporation tax | 42,991 | 44,200 | ||||||
| VAT | 11,359 | 9,985 | ||||||
| PAYE control | 194 | 166 | ||||||
| Directors current account | - | 274 | ||||||
| Loans <1yr | 17,972 | - | ||||||
| Accruals | 799 | 828 | ||||||
| 73,315 | 55,453 | |||||||
| 6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Loans >1yr | 87,500 | - | ||||||
| 87,500 | - | |||||||
| Friction Free Fluids Ltd | ||||||||
| 7. PROVISIONS FOR LIABILITIES | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Deferred taxation | 3,372 | 3,501 | ||||||
| 3,372 | 3,501 | |||||||
| 8. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 100 | 100 | |||||||
| 100 | 100 | |||||||