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REGISTERED NUMBER: 01069913 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Econofreeze (Morpeth) Limited

Econofreeze (Morpeth) Limited (Registered number: 01069913)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Econofreeze (Morpeth) Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr N Wake
Mrs C Wake
Miss J Wake
Mrs M L Drozdowicz





REGISTERED OFFICE: Arctic House
78 Newgate Street
Morpeth
Northumberland
NE61 1BU





REGISTERED NUMBER: 01069913 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

Econofreeze (Morpeth) Limited (Registered number: 01069913)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 18,183 20,497

CURRENT ASSETS
Stocks 108,090 110,456
Debtors 5 18,176 15,260
Cash at bank and in hand 417,458 389,898
543,724 515,614
CREDITORS
Amounts falling due within one year 6 53,060 55,586
NET CURRENT ASSETS 490,664 460,028
TOTAL ASSETS LESS CURRENT
LIABILITIES

508,847

480,525

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 508,845 480,523
SHAREHOLDERS' FUNDS 508,847 480,525

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Econofreeze (Morpeth) Limited (Registered number: 01069913)

Balance Sheet - continued
31 December 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by:





Mr N Wake - Director


Econofreeze (Morpeth) Limited (Registered number: 01069913)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Econofreeze (Morpeth) 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

Econofreeze (Morpeth) Limited (Registered number: 01069913)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Land and Plant and Motor Office
buildings machinery vehicles equipment Totals
£ £ £ £ £
COST
At 1 January 2024 25,995 10,562 30,871 3,632 71,060
Additions - - - 1,009 1,009
At 31 December 2024 25,995 10,562 30,871 4,641 72,069
DEPRECIATION
At 1 January 2024 17,086 10,099 21,728 1,650 50,563
Charge for year 520 69 2,286 448 3,323
At 31 December 2024 17,606 10,168 24,014 2,098 53,886
NET BOOK VALUE
At 31 December 2024 8,389 394 6,857 2,543 18,183
At 31 December 2023 8,909 463 9,143 1,982 20,497

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Trade debtors 17,953 15,260
Prepayments 223 -
18,176 15,260

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Trade creditors 32,163 36,414
Corporation tax 10,632 12,501
Social security and other taxes 1,576 1,354
VAT 5,861 2,894
Other creditors 1,119 794
Directors' loan accounts 29 29
Accrued expenses 1,680 1,600
53,060 55,586

Econofreeze (Morpeth) Limited

Report of the Accountants to the Directors of
Econofreeze (Morpeth) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


25 July 2025