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REGISTERED NUMBER: 08344836 (England and Wales)









Financial Statements

for the Year Ended 30 June 2024

for

Free Publishing Limited

Free Publishing Limited (Registered number: 08344836)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Free Publishing Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: T E Brown
Mrs A O Solomons





REGISTERED OFFICE: c/o Parker Cavendish, Suite 301,
Stanmore Business and Innovation Centre
Howard Road
Stanmore
Middlesex
HA7 1FW





REGISTERED NUMBER: 08344836 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
Suite 301, Stanmore Business
and Innovation Centre
Howard Road
Stanmore
Middlesex
HA7 1FW

Free Publishing Limited (Registered number: 08344836)

Statement of Financial Position
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 227
Property, plant and equipment 5 - 49
- 276

CURRENT ASSETS
Debtors 6 15,409 13,419
Cash at bank 5,343 68,533
20,752 81,952
CREDITORS
Amounts falling due within one year 7 (10,053 ) (8,701 )
NET CURRENT ASSETS 10,699 73,251
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,699

73,527

PROVISIONS FOR LIABILITIES - (12 )
NET ASSETS 10,699 73,515

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10,599 73,415
10,699 73,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors and authorised for issue on 23 June 2025 and were signed on its behalf by:





Mrs A O Solomons - Director


Free Publishing Limited (Registered number: 08344836)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Free Publishing Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% Straight line

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Free Publishing Limited (Registered number: 08344836)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2023
and 30 June 2024 2,075
AMORTISATION
At 1 July 2023 1,848
Charge for year 227
At 30 June 2024 2,075
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 227

5. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 July 2023
and 30 June 2024 1,476
DEPRECIATION
At 1 July 2023 1,427
Charge for year 49
At 30 June 2024 1,476
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 49

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,422 2,340
Amounts owed by associates 5,797 5,797
Other debtors 82 -
VAT 1,232 782
Prepayments and accrued income 5,876 4,500
15,409 13,419

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,178 2,854
Social security and other taxes - 145
Directors' current accounts - 288
Accruals and deferred income 6,875 5,414
10,053 8,701