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Registered Number: 14143776


 

 

 

FR8 TECHNOLOGY LTD



Abridged Accounts
 


Period of accounts

Start date: 01 December 2023

End date: 30 November 2024
Report to the directors on the preparation of the unaudited statutory accounts of FR8 TECHNOLOGY LTD for the year ended 30 November 2024.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FR8 TECHNOLOGY LTD for the year ended 30 November 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of FR8 TECHNOLOGY LTD, as a body, in accordance with the terms of our engagement letter dated 01 October 2024. Our work has been undertaken solely to prepare for your approval the accounts of FR8 TECHNOLOGY LTD and state those matters that we have agreed to state to the Board of Directors of FR8 TECHNOLOGY LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FR8 TECHNOLOGY LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that FR8 TECHNOLOGY LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of FR8 TECHNOLOGY LTD. You consider that FR8 TECHNOLOGY LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of FR8 TECHNOLOGY LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
30 November 2024.



....................................................
RAGAVAN AND CO LTD
CHARTERED CERTIFIED ACCOUNTANTS
240 GROVE LANE
BIRMINGHAM
WEST MIDLANDS
B20 2EY
28 August 2025
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Intangible fixed assets 3 12,232    12,232 
12,232    12,232 
Current assets      
Debtors 746   
Cash at bank and in hand 66,418    5,605 
67,164    5,605 
Creditors: amount falling due within one year (126,918)   (33,397)
Net current assets (59,754)   (27,792)
 
Total assets less current liabilities (47,522)   (15,560)
Net assets (47,522)   (15,560)
 

Capital and reserves
     
Called up share capital 4 1,000    1,000 
Profit and loss account (48,522)   (16,560)
Shareholders' funds (47,522)   (15,560)
 


For the year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 28 August 2025 and were signed on its behalf by:


-------------------------------
THOMAS HUGHES
Director
2
General Information
FR8 TECHNOLOGY LTD is a private company, limited by shares, registered in , registration number 14143776, registration address 16 , St Marks Road, Dudley, DY2 7SD.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Research and development expenditure
Research and development expenditure is charged to the income statement in the period in which it is incurred.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Licences and patents
Licences and patents are stated at cost less amortisation. Amortisation of licences is calculated on a straight line basis over the life of the licence. Amortisation of patents is calculated on a straight line basis over the estimated expected useful economic life of the patents of years.
2.

Average number of employees


Average number of employees during the year was 2 (2023 : 0).
3.

Intangible fixed assets

Cost Patents   Total
  £   £
At 01 December 2023 12,232    12,232 
Additions  
Disposals  
At 30 November 2024 12,232    12,232 
Net book values
At 30 November 2024 12,232    12,232 
At 30 November 2023 12,232    12,232 


4.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
100,000 Class A shares of £0.01 each 1,000    1,000 
1,000    1,000 

3