Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 April 2023 false 1 January 2024 31 December 2024 31 December 2024 04761432 Dr D Jay Dr D Jay iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04761432 2023-12-31 04761432 2024-12-31 04761432 2024-01-01 2024-12-31 04761432 frs-core:CurrentFinancialInstruments 2024-12-31 04761432 frs-core:Non-currentFinancialInstruments 2024-12-31 04761432 frs-core:MotorVehicles 2024-12-31 04761432 frs-core:MotorVehicles 2024-01-01 2024-12-31 04761432 frs-core:MotorVehicles 2023-12-31 04761432 frs-core:RevaluationReserve 2024-01-01 2024-12-31 04761432 frs-core:RevaluationReserve 2023-12-31 04761432 frs-core:RevaluationReserve 2024-12-31 04761432 frs-core:ShareCapital 2024-12-31 04761432 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04761432 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04761432 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04761432 frs-bus:SmallEntities 2024-01-01 2024-12-31 04761432 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04761432 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04761432 frs-bus:Director1 2024-01-01 2024-12-31 04761432 frs-bus:Director1 2023-12-31 04761432 frs-bus:Director1 2024-12-31 04761432 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 04761432 frs-countries:EnglandWales 2024-01-01 2024-12-31 04761432 2023-03-31 04761432 2023-12-31 04761432 2023-04-01 2023-12-31 04761432 frs-core:CurrentFinancialInstruments 2023-12-31 04761432 frs-core:Non-currentFinancialInstruments 2023-12-31 04761432 frs-core:RevaluationReserve 2023-12-31 04761432 frs-core:ShareCapital 2023-12-31 04761432 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04761432
Frostlinx Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Deans
Gibson House Hurricane Close
Stafford
Staffordshire
ST16 1GZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04761432
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 45,750 -
Investment Properties 5 1,140,499 1,240,499
1,186,249 1,240,499
CURRENT ASSETS
Debtors 6 139,251 85,236
Cash at bank and in hand 61,829 47,272
201,080 132,508
Creditors: Amounts Falling Due Within One Year 7 (35,876 ) (63,432 )
NET CURRENT ASSETS (LIABILITIES) 165,204 69,076
TOTAL ASSETS LESS CURRENT LIABILITIES 1,351,453 1,309,575
Creditors: Amounts Falling Due After More Than One Year 8 (106,317 ) (111,703 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (48,215 ) (49,934 )
NET ASSETS 1,196,921 1,147,938
CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 12 261,656 263,375
Profit and Loss Account 935,165 884,463
SHAREHOLDERS' FUNDS 1,196,921 1,147,938
Page 1
Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr D Jay
Director
10 September 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Frostlinx Ltd is a private company, limited by shares, registered in England & Wales.  The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of 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.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
When the outcome of a transaction can be estimated reliably, turnover from rental properties and rendering of medical services is recognised by reference to the stage of completion at the balance sheet date.  
Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable. 
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.  Cost includes costs directly attributeable to making the asset capable of operating as intended.  Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.
Motor Vehicles - 25% reducing balance
2.4. Investment Properties
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.
2.5. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Income Statement, 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 balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assesments in periods different from those in which they aare recognised in financial statements.  Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.6. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 January 2024 -
Additions 61,000
As at 31 December 2024 61,000
Depreciation
As at 1 January 2024 -
Provided during the period 15,250
As at 31 December 2024 15,250
Net Book Value
As at 31 December 2024 45,750
As at 1 January 2024 -
5. Investment Property
31 December 2024
£
Fair Value
As at 1 January 2024 1,240,499
Disposals (100,000 )
As at 31 December 2024 1,140,499
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
31 December 2024 31 December 2023
£ £
Cost 859,430 927,190
Investment property was valued on an open market basis on 31 December 2024 by Dr D Jay.
6. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Trade debtors 1,050 24,570
Prepayments and accrued income 138 614
Other debtors 31,855 31,855
Director's loan account 106,208 28,197
139,251 85,236
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7. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Bank loans and overdrafts 2,000 1,997
Other loans 3,382 3,273
Corporation tax 21,354 46,590
Accruals and deferred income 9,140 11,572
35,876 63,432
8. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 31 December 2023
£ £
Bank loans 2,499 4,503
Other loans 103,818 107,200
106,317 111,703
Of the creditors falling due after more than one year the following amounts are due after more than five years.  This relates to the mortgage shown under other loans.
31 December 2024 31 December 2023
£ £
Other Creditors 88,638 92,643
9. Secured Creditors
Bank loans are secured against the properties Apt 304, 39 Pwell Street, Birmingham, B1 3DH, 49 Griffin Gardens, Harborne, Birmingham, B17 0HU and Flat 3, 4 Old Abbey Gardens, Birmingham, B17 0JS.
Of the creditors the following amounts are secured.
31 December 2024 31 December 2023
£ £
Other Creditors 107,201 110,474
10. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 100 100
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Page 6
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Dr Dayanand Jay 28,197 108,610 30,599 - 106,208
Interest has been charged at a rate of 2.25% on the above loan and is repayable on demand.
12. Reserves
Revaluation Reserve
£
As at 1 January 2024 263,375
Deferred tax movement in relation to property (1,719 )
As at 31 December 2024 261,656
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