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Company Registration No. 08779730 (England and Wales)
Frame Production Limited Unaudited accounts for the year ended 30 November 2024
Frame Production Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Frame Production Limited Company Information for the year ended 30 November 2024
Directors
Cheng Zeng Yue Mu
Company Number
08779730 (England and Wales)
Registered Office
9 Dene Road Dartford DA1 1LX England
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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Frame Production Limited Statement of financial position as at 30 November 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
22,224
29,014
Current assets
Debtors
5
52,996
51,778
Cash at bank and in hand
21,161
-
74,157
51,778
Creditors: amounts falling due within one year
6
(16,246)
181
Net current assets
57,911
51,959
Total assets less current liabilities
80,135
80,973
Creditors: amounts falling due after more than one year
7
(364,946)
(381,946)
Net liabilities
(284,811)
(300,973)
Capital and reserves
Called up share capital
8
50,000
50,000
Profit and loss account
(334,811)
(350,973)
Shareholders' funds
(284,811)
(300,973)
For the year ending 30 November 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 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 11 September 2025 and were signed on its behalf by
Cheng Zeng Director Company Registration No. 08779730
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Frame Production Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Frame Production Limited is a private company, limited by shares, registered in England and Wales, registration number 08779730. The registered office is 9 Dene Road, Dartford, DA1 1LX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% on straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the director and shareholders will continue to financially support the company during this uncertain period.
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Frame Production Limited Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 December 2023
84,938
Additions
3,709
At 30 November 2024
88,647
Depreciation
At 1 December 2023
55,924
Charge for the year
10,499
At 30 November 2024
66,423
Net book value
At 30 November 2024
22,224
At 30 November 2023
29,014
5
Debtors
2024
2023
£
£
Amounts falling due within one year
VAT
7,842
6,356
Trade debtors
44,854
122
Accrued income and prepayments
-
45,000
Other debtors
300
300
52,996
51,778
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
60
13
Taxes and social security
(249)
356
Other creditors
1,810
1,810
Loans from directors
13,425
(3,560)
Accruals
1,200
1,200
16,246
(181)
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
364,946
381,946
Included in amounts falling due after more than one year is director, Mr Cheng Zeng's loan of £54,143 (2023: £65,643), Miss Yue Mu's loan of £316,303 (2023: £316,303) which is payable at the end of five year terms. The loan is unsecured and subordinated in favour of third party creditors.
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Frame Production Limited Notes to the Accounts for the year ended 30 November 2024
8
Share capital
2024
2023
£
£
Allotted, called up and fully paid:
500 Ordinary shares of £100 each
50,000
50,000
9
Controlling party
The ultimate controlling party is Mr. Cheng Zeng, who is the company's director and holds 437 Ordinary Shares. Ms. Yue Mu is the company's director and holds 63 Ordinary Shares.
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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