Registration number: 08022645

137 Freehouse Limited

Contents

Company Information	1
Directors' Report	2
Accountants' Report	3
Abridged Profit and Loss Account	4
Statement of Comprehensive Income	5
Abridged Balance Sheet	6 to 7
Statement of Changes in Equity	8
Notes to the Unaudited Abridged Financial Statements	9 to 11

137 Freehouse Limited

Company Information

Directors

Matthew James Wright Julie Marie Glanville Mr David Vyvyan Leveaux Mr Kurran Mohit Tejas Tailor

Registered office

Unit 3 Colindeep Lane London NW9 6BX

Accountants

Sterling Associates Chartered Certified Accountants5 Theobald Court Theobald Street Elstree Hertfordshire WD6 4RN

137 Freehouse Limited

Directors' Report for the Year Ended 31 December 2024

The directors present their report and the abridged financial statements for the year ended 31 December 2024.

Directors of the company

The directors who held office during the year were as follows:

A Nagata (ceased 13 June 2025)

Matthew James Wright

Julie Marie Glanville

Mr David Vyvyan Leveaux

Mr Kurran Mohit Tejas Tailor

Principal activity

The principal activity of the company is that of managing the freehold company owned by the company from funds contributed by the members.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 11 September 2025 and signed on its behalf by:
 

......................................... Mr David Vyvyan Leveaux Director

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
137 Freehouse Limited
for the Year Ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 137 Freehouse Limited for the year ended 31 December 2024 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of 137 Freehouse Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of 137 Freehouse Limited and state those matters that we have agreed to state to the Board of Directors of 137 Freehouse Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 137 Freehouse Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that 137 Freehouse Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of 137 Freehouse Limited. You consider that 137 Freehouse Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of 137 Freehouse Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Sterling Associates
Chartered Certified Accountants
5 Theobald Court
Theobald Street
Elstree
Hertfordshire
WD6 4RN

11 September 2025

137 Freehouse Limited

Abridged Profit and Loss Account for the Year Ended 31 December 2024

	Note	2024 £	2023 £
Gross surplus		150	1,269
Administrative expenses		(1,062)	(692)
Other interest receivable and similar income		-	3
(Deficit)/surplus before tax		(912)	580
(Deficit)/surplus for the financial year		(912)	580

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

137 Freehouse Limited

Statement of Comprehensive Income for the Year Ended 31 December 2024

	2024 £	2023 £
(Deficit)/surplus for the year	(912)	580
Total comprehensive income for the year	(912)	580

137 Freehouse Limited

(Registration number: 08022645)
Abridged Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	52,480	52,480
Current assets
Debtors		2,980	3,374
Cash at bank and in hand		279	2
		3,259	3,376
Prepayments and accrued income		93	88
Creditors: Amounts falling due within one year		(350)	-
Net current assets		3,002	3,464
Total assets less current liabilities		55,482	55,944
Accruals and deferred income		(1,590)	(1,140)
Net assets		53,892	54,804
Reserves
Retained earnings		53,892	54,804
Surplus		53,892	54,804

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 11 September 2025 and signed on its behalf by:
 

137 Freehouse Limited

(Registration number: 08022645)
Abridged Balance Sheet as at 31 December 2024

......................................... Mr David Vyvyan Leveaux Director

137 Freehouse Limited

Statement of Changes in Equity for the Year Ended 31 December 2024

	Retained earnings £	Total £
At 1 January 2024	54,804	54,804
Deficit for the year	(912)	(912)
At 31 December 2024	53,892	53,892

	Retained earnings £	Total £
At 1 January 2023	54,224	54,224
Surplus for the year	580	580
At 31 December 2023	54,804	54,804

137 Freehouse Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a company limited by guarantee, incorporated in Engalnd and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £Nil towards the assets of the company in the event of liquidation.

The address of its registered office is:
Unit 3
Colindeep Lane
London
NW9 6BX
England

These financial statements were authorised for issue by the Board on 11 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

137 Freehouse Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

137 Freehouse Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Short leasehold land and buildings £	Total £
Cost or valuation
At 1 January 2024	52,480	52,480
At 31 December 2024	52,480	52,480
Depreciation
Carrying amount
At 31 December 2024	52,480	52,480
At 31 December 2023	52,480	52,480

Included within the net book value of land and buildings above is £52,480 (2023 - £52,480) in respect of short leasehold land and buildings.