Company Registration No. 13225467 (England and Wales)
FRA SOLUTION LTD
Unaudited accounts
for the year ended 28 February 2025
FRA SOLUTION LTD
Unaudited accounts
Contents
FRA SOLUTION LTD
Company Information
for the year ended 28 February 2025
Directors
ADRIAN POPESCU
EUGEN ANDRONE
Company Number
13225467 (England and Wales)
Registered Office
1
FINCH CLOSE
HATFIELD
AL10 8RH
FRA SOLUTION LTD
Statement of financial position
as at 28 February 2025
Tangible assets
69,468
55,105
Cash at bank and in hand
4,310
85,757
Creditors: amounts falling due within one year
(135,647)
(114,864)
Net current liabilities
(18,633)
(28,068)
Total assets less current liabilities
50,835
27,037
Creditors: amounts falling due after more than one year
(31,950)
(10,905)
Called up share capital
100
100
Profit and loss account
18,785
16,032
Shareholders' funds
18,885
16,132
For the year ending 28 February 2025 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 24 June 2025 and were signed on its behalf by
ADRIAN POPESCU
Director
Company Registration No. 13225467
FRA SOLUTION LTD
Notes to the Accounts
for the year ended 28 February 2025
FRA SOLUTION LTD is a private company, limited by shares, registered in England and Wales, registration number 13225467. The registered office is 1, FINCH CLOSE, HATFIELD, AL10 8RH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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
Straight Line over 3 Years
Motor vehicles
Straight Line over 5 Years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2024
4,143
101,482
105,625
Additions
11,827
48,757
60,584
Disposals
-
(18,083)
(18,083)
At 28 February 2025
15,970
132,156
148,126
At 1 March 2024
1,381
49,139
50,520
Charge for the year
5,323
30,048
35,371
On disposals
-
(7,233)
(7,233)
At 28 February 2025
6,704
71,954
78,658
At 28 February 2025
9,266
60,202
69,468
At 29 February 2024
2,762
52,343
55,105
FRA SOLUTION LTD
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
Amounts falling due after more than one year
Accrued income and prepayments
-
100
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
55,586
-
Obligations under finance leases and hire purchase contracts
24,045
9,840
Taxes and social security
23,106
52,086
Loans from directors
30,234
1,573
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
31,950
10,905
8
Operating lease commitments
2025
2024
At 28 February 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
24,045
9,840
Later than one year and not later than five years
31,950
10,905
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).