| Registered Number:07716846 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2024
Freedom Support Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Freedom Support Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
375,985
355,942
2
3
325,000
320,851
700,985
676,793
| Trade and other receivables |
240,881
223,196
4
75,092
| Cash and cash equivalents |
151,375
374,571
315,973
| Trade and other payables: amounts falling due within one year |
(215,125)
(267,331)
5
100,848
107,240
Net current assets
| Total assets less current liabilities |
808,225
777,641
| Trade and other payables: amounts falling due after more than |
| one year |
(212,156)
(120,417)
6
(19,426)
(15,179)
| Provisions for liabilities |
668,382
Net assets
550,306
10
10
4,149
-
664,222
550,295
1
1
668,382
550,306
Shareholders' funds
| For the year ended 31 December 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 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 proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 December 2024
Freedom Support Limited
Statement of Financial Position Continued
| Mrs Katy Beckett Director |
| These financial statements were approved and authorised for issue by the Board on 18 June 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
Freedom Support Limited
Notes to the Financial Statements
Statutory Information
| Freedom Support Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 07716846. |
Staffordshire House
96 Stone Road
Stafford
Staffordshire
ST16 2RS
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
| Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. |
| The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain |
| assets. |
Revenue recognition
| Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Investment property
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 December 2024
Freedom Support Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
476,005
28,910
41,065
64,139
57,421
284,470
53,626
11,065
767
39,495
2,299
-
-
-
(21,815)
-
-
(21,815)
284,470
81,819
41,832
39,975
507,816
59,720
| Provision for depreciation and impairment |
120,063
19,285
26,499
43,374
30,905
-
Charge for year
30,673
6,827
2,303
14,338
7,205
-
(18,905)
-
-
(18,905)
-
-
131,831
26,112
28,802
38,807
38,110
-
284,470
21,610
43,012
13,030
13,863
375,985
284,470
26,516
20,765
14,566
9,625
355,942
320,851
4,149
325,000
325,000
320,851
| 4. Trade and other receivables |
2023
2024
210,167
234,284
13,029
6,597
240,881
223,196
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For the year ended 31 December 2024
Freedom Support Limited
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
| Bank loans and overdraft (secured) |
-
13,410
89,375
62,500
| Taxation and social security |
81,909
46,980
96,047
92,235
267,331
215,125
| 6. Trade and other payables: amounts falling due after more than one year |
2023
2024
120,417
46,875
| Bank loans and overdraft (secured) |
-
156,450
-
8,831
120,417
212,156
| 7. Directors advances and guarantees |
Loaned
Repaid
Mrs Katy Beckett
DLA
3,856
3,184
3,856
3,184
3,856
3,184
3,856
3,184
Mr Mark Anthony Beckett
DLA
3,856
3,184
3,856
3,184
3,856
3,184
3,856
3,184
| 8. Average number of persons employed |
During the year the average number of employees was 45 (2023 : 50)
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