1 August 2023 false No description of principal activity Taxfiler 2024.6 04807620business:PrivateLimitedCompanyLtd2023-08-012024-07-31 048076202023-07-31 048076202023-08-012024-07-31 04807620business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 04807620business:FilletedAccounts2023-08-012024-07-31 048076202024-07-31 04807620business:Director12023-08-012024-07-31 04807620business:Director22023-08-012024-07-31 04807620business:Director32023-08-012024-07-31 04807620business:Director42023-08-012024-07-31 04807620business:RegisteredOffice2023-08-012024-07-31 048076202023-07-31 04807620core:WithinOneYear2024-07-31 04807620core:WithinOneYear2023-07-31 04807620core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 04807620core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 04807620core:CapitalContributionReservecore:PreviouslyStatedAmount2024-07-31 04807620core:CapitalContributionReservecore:PreviouslyStatedAmount2023-07-31 04807620core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 04807620core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 04807620core:PreviouslyStatedAmount2024-07-31 04807620core:PreviouslyStatedAmount2023-07-31 04807620business:SmallEntities2023-08-012024-07-31 04807620countries:EnglandWales2023-08-012024-07-31 04807620core:PlantMachinery2023-08-012024-07-31 04807620core:FurnitureFittings2023-08-012024-07-31 04807620core:OtherPropertyPlantEquipment2023-08-012024-07-31 04807620core:ComputerEquipment2023-07-31 04807620core:ComputerEquipment2023-08-012024-07-31 04807620core:ComputerEquipment2024-07-31 04807620business:OrdinaryShareClass12023-08-012024-07-31 04807620business:OrdinaryShareClass12022-08-012023-07-31 048076202022-08-012023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 04807620 (England and Wales)
Friday 02 Limited Unaudited accounts for the year ended 31 July 2024
Friday 02 Limited Unaudited accounts Contents
Page
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Friday 02 Limited Company Information for the year ended 31 July 2024
Directors
Alexander Stevenson Gregory Martin Alexander Stevenson Gregory Martin
Company Number
04807620 (England and Wales)
Registered Office
Tresor, Maker Lane Millbrook Torpoint Cornwall PL10 1EB United Kingdom
Accountants
Integrated Accounts Ltd ICPA 22 Little Preston Street Brighton East Sussex BN1 2HQ
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Friday 02 Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,150 
63,326 
Current assets
Debtors
4,259 
37,862 
Cash at bank and in hand
118,259 
284,237 
122,518 
322,099 
Creditors: amounts falling due within one year
25,871 
(4,810)
Net current assets
148,389 
317,289 
Total assets less current liabilities
165,539 
380,615 
Provisions for liabilities
Deferred tax
(3,554)
(3,554)
Net assets
161,985 
377,061 
Capital and reserves
Called up share capital
400 
400 
Capital contribution reserve
10,846 
10,846 
Profit and loss account
150,739 
365,815 
Shareholders' funds
161,985 
377,061 
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 20 July 2023 and were signed on its behalf by
Alexander Stevenson Director Company Registration No. 04807620
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Friday 02 Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Friday 02 Limited is a private company, limited by shares, registered in England and Wales, registration number 04807620. The registered office is Tresor, Maker Lane, Millbrook, Torpoint, Cornwall, PL10 1EB, United Kingdom.
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:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Other tangible fixed assets
25% Reducing Balance
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2023
186,497 
Revaluations
(16,990)
Disposals
(42,443)
At 31 July 2024
127,064 
Depreciation
At 1 August 2023
123,171 
Charge for the year
13,137 
On disposals
(26,394)
At 31 July 2024
109,914 
Net book value
At 31 July 2024
17,150 
At 31 July 2023
63,326 
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Friday 02 Limited Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
4,004 
5,056 
Accrued income and prepayments
- 
26,707 
Other debtors
255 
6,099 
4,259 
37,862 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
(192)
1,535 
Taxes and social security
(25,679)
1,388 
Loans from directors
- 
1,887 
(25,871)
4,810 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
400 Ordinary shares of £1 each
400 
400 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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