Company Registration No. 10774722 (England and Wales)
FRANKO ELECTRICAL LTD.
Unaudited accounts
for the year ended 31 May 2025
FRANKO ELECTRICAL LTD.
Unaudited accounts
Contents
FRANKO ELECTRICAL LTD.
Company Information
for the year ended 31 May 2025
Director
Joseph Anthony PIRIS
Company Number
10774722 (England and Wales)
Registered Office
9 FAIROAK CLOSE
KENLEY
CR8 5LJ
ENGLAND
Accountants
Henson Waithe Ltd
Accountants and Tax Advisors (MAAT)
Croydon Greater London
Brigstock Road
Thornton Heath
Surrey
CR7 7jd
FRANKO ELECTRICAL LTD.
Statement of financial position
as at 31 May 2025
Creditors: amounts falling due within one year
(10,523)
(18,611)
Net current assets/(liabilities)
5,759
(8,217)
Net assets/(liabilities)
5,759
(8,217)
Called up share capital
1
1
Profit and loss account
5,758
(8,218)
Shareholders' funds
5,759
(8,217)
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 11 September 2025 and were signed on its behalf by
Joseph Anthony PIRIS
Director
Company Registration No. 10774722
FRANKO ELECTRICAL LTD.
Notes to the Accounts
for the year ended 31 May 2025
FRANKO ELECTRICAL LTD. is a private company, limited by shares, registered in England and Wales, registration number 10774722. The registered office is 9 FAIROAK CLOSE, KENLEY, CR8 5LJ, ENGLAND.
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.
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:
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Other debtors
9,197
10,394
Amounts falling due after more than one year
FRANKO ELECTRICAL LTD.
Notes to the Accounts
for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,999
2,879
Taxes and social security
5,964
2,711
Proposed dividends
-
10,000
Loans from directors
-
1,801
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).