| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 23 February 2024 to 28 February 2025 |
| for |
| Framesports Ltd |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 23 February 2024 to 28 February 2025 |
| for |
| Framesports Ltd |
| Framesports Ltd (Registered number: 15515721) |
| Contents of the Financial Statements |
| for the Period 23 February 2024 to 28 February 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Framesports Ltd |
| Company Information |
| for the Period 23 February 2024 to 28 February 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Management Accountants |
| Drumsheugh Toll |
| 2 Belford Road |
| Edinburgh |
| Midlothian |
| EH4 3BL |
| Framesports Ltd (Registered number: 15515721) |
| Balance Sheet |
| 28 February 2025 |
| Notes | £ |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| RESERVES |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps 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 Sections 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Framesports Ltd (Registered number: 15515721) |
| Notes to the Financial Statements |
| for the Period 23 February 2024 to 28 February 2025 |
| 1. | STATUTORY INFORMATION |
| Framesports Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Going Concern |
| At the balance sheet date, the company's liabilities exceed its assets. The financial statements have been prepared on a going concern basis, which assumes that the Company will continue in operational existence for the foreseeable future. The Directors believe that the financial statements should be prepared on a going concern basis and appropriate funding will be available if required. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Financial instruments |
| The Company only enters into basic financial instrument transactions that result in the recognition of financialassets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties. |
| Debt instruments (other than those wholly repayable or receivable within one year), including loans and otheraccounts receivable and payable are initially measured at present value of future cash flows and subsequently amortised at cost using the effective interest method. Where loans have been consolidated, this has been treated as a new loan agreement and the effective rate of interest has been recalculated. |
| Creditors payable within one year, typically trade payables, are measured, initially and subsequently at the undiscounted amount of the cash or other consideration expected to be paid. |
| Debtors receivable within one year, typically trade debtors, are measured initially and subsequently at theundiscounted amount of the cash or other consideration expected to be received. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Other creditors |
| Directors' current accounts | 13,313 |
| Accrued expenses |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary | 0.01 | - |
| with a nominal value of £0.01 |
| Framesports Ltd (Registered number: 15515721) |
| Notes to the Financial Statements - continued |
| for the Period 23 February 2024 to 28 February 2025 |
| 6. | RELATED PARTY DISCLOSURES |
| At the year end the company was due the directors £13,312. This loan is interest free and has no fixed repayment terms. |