IRIS Accounts Production v25.1.4.42 08953664 director 1.4.24 31.3.25 31.3.25 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089536642024-03-31089536642025-03-31089536642024-04-012025-03-31089536642023-03-31089536642023-04-012024-03-31089536642024-03-3108953664ns15:EnglandWales2024-04-012025-03-3108953664ns14:PoundSterling2024-04-012025-03-3108953664ns10:Director12024-04-012025-03-3108953664ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3108953664ns10:SmallEntities2024-04-012025-03-3108953664ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3108953664ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3108953664ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3108953664ns10:FullAccounts2024-04-012025-03-310895366412024-04-012025-03-3108953664ns10:OrdinaryShareClass12024-04-012025-03-3108953664ns10:RegisteredOffice2024-04-012025-03-3108953664ns5:CurrentFinancialInstruments2025-03-3108953664ns5:CurrentFinancialInstruments2024-03-3108953664ns5:ShareCapital2025-03-3108953664ns5:ShareCapital2024-03-3108953664ns5:RetainedEarningsAccumulatedLosses2025-03-3108953664ns5:RetainedEarningsAccumulatedLosses2024-03-3108953664ns5:NetGoodwill2024-04-012025-03-3108953664ns5:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3108953664ns5:PlantMachinery2024-04-012025-03-3108953664ns5:FurnitureFittings2024-04-012025-03-3108953664ns5:MotorVehicles2024-04-012025-03-3108953664ns5:ComputerEquipment2024-04-012025-03-3108953664ns5:NetGoodwill2024-03-3108953664ns5:NetGoodwill2025-03-3108953664ns5:NetGoodwill2024-03-3108953664ns5:LandBuildings2024-03-3108953664ns5:PlantMachinery2024-03-3108953664ns5:FurnitureFittings2024-03-3108953664ns5:LandBuildings2024-04-012025-03-3108953664ns5:LandBuildings2025-03-3108953664ns5:PlantMachinery2025-03-3108953664ns5:FurnitureFittings2025-03-3108953664ns5:LandBuildings2024-03-3108953664ns5:PlantMachinery2024-03-3108953664ns5:FurnitureFittings2024-03-3108953664ns5:MotorVehicles2024-03-3108953664ns5:ComputerEquipment2024-03-3108953664ns5:MotorVehicles2025-03-3108953664ns5:ComputerEquipment2025-03-3108953664ns5:MotorVehicles2024-03-3108953664ns5:ComputerEquipment2024-03-3108953664ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3108953664ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3108953664ns10:OrdinaryShareClass12025-03-31
REGISTERED NUMBER: 08953664 (England and Wales)













ASKFRANK LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025






ASKFRANK LIMITED (REGISTERED NUMBER: 08953664)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ASKFRANK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTOR: Mr. F G Morgan





REGISTERED OFFICE: Bsc Unit 6
Hood Road
Docks
Barry
South Glamorgan
CF62 5QN





REGISTERED NUMBER: 08953664 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

ASKFRANK LIMITED (REGISTERED NUMBER: 08953664)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 97,830 103,740
97,830 103,740

CURRENT ASSETS
Stocks 16,000 16,000
Debtors 6 53,959 51,554
Cash at bank and in hand 18,364 22,653
88,323 90,207
CREDITORS
Amounts falling due within one year 7 145,656 151,670
NET CURRENT LIABILITIES (57,333 ) (61,463 )
TOTAL ASSETS LESS CURRENT LIABILITIES 40,497 42,277

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 40,397 42,177
SHAREHOLDERS' FUNDS 40,497 42,277

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 8th August 2025 and were signed by:





Mr. F G Morgan - Director


ASKFRANK LIMITED (REGISTERED NUMBER: 08953664)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025


1. STATUTORY INFORMATION

Askfrank 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.

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.

Goodwill
Goodwill is amortised on a straight line basis over its anticipated useful life of ten years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2024 - 3 ) .

ASKFRANK LIMITED (REGISTERED NUMBER: 08953664)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2024
and 31st March 2025 10,900
AMORTISATION
At 1st April 2024
and 31st March 2025 10,900
NET BOOK VALUE
At 31st March 2025 -
At 31st March 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1st April 2024 60,000 30,656 8,697
Additions - 1,655 -
At 31st March 2025 60,000 32,311 8,697
DEPRECIATION
At 1st April 2024 - 23,359 6,643
Charge for year - 2,238 514
At 31st March 2025 - 25,597 7,157
NET BOOK VALUE
At 31st March 2025 60,000 6,714 1,540
At 31st March 2024 60,000 7,297 2,054

ASKFRANK LIMITED (REGISTERED NUMBER: 08953664)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st April 2024 55,290 34,078 188,721
Additions - 5,045 6,700
At 31st March 2025 55,290 39,123 195,421
DEPRECIATION
At 1st April 2024 30,872 24,107 84,981
Charge for year 6,104 3,754 12,610
At 31st March 2025 36,976 27,861 97,591
NET BOOK VALUE
At 31st March 2025 18,314 11,262 97,830
At 31st March 2024 24,418 9,971 103,740

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 53,700 51,295
Other debtors 259 259
53,959 51,554

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 72,683 82,980
Trade creditors 22,162 27,668
Taxation and social security 13,796 10,587
Other creditors 37,015 30,435
145,656 151,670

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100