Company Registration No. 13904009 (England and Wales)
Freston Analytics UK Limited
Unaudited accounts
for the year ended 31 December 2024
Freston Analytics UK Limited
Unaudited accounts
Contents
Freston Analytics UK Limited
Company Information
for the year ended 31 December 2024
Directors
Nishana Nazimuddin
Jaseem Ahamed Achoth
Company Number
13904009 (England and Wales)
Registered Office
Parkside
London Road
Ipswich
Suffolk
IP2 0SS
England
Accountants
The Tax Lead Limited
37 Orsett Road
Grays
Essex
RM17 5DS
Freston Analytics UK Limited
Statement of financial position
as at 31 December 2024
Tangible assets
13,249
6,181
Debtors
1,225,793
3,650,067
Cash at bank and in hand
2,697,711
1,019,558
Creditors: amounts falling due within one year
(110,186)
(1,124,952)
Net current assets
3,813,318
3,544,673
Total assets less current liabilities
3,826,567
3,550,854
Creditors: amounts falling due after more than one year
(1,203)
-
Net assets
3,825,364
3,550,854
Called up share capital
100
100
Profit and loss account
3,825,264
3,550,754
Shareholders' funds
3,825,364
3,550,854
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 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 19 September 2025 and were signed on its behalf by
Jaseem Ahamed Achoth
Director
Company Registration No. 13904009
Freston Analytics UK Limited
Notes to the Accounts
for the year ended 31 December 2024
Freston Analytics UK Limited is a private company, limited by shares, registered in England and Wales, registration number 13904009. The registered office is Parkside, London Road, Ipswich, Suffolk, IP2 0SS, 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 pound sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
33.33% Straight Line
Computer equipment
33.33% Straight Line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Freston Analytics UK Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
1,271
6,043
7,314
Additions
340
11,561
11,901
At 31 December 2024
1,611
17,604
19,215
At 1 January 2024
67
1,066
1,133
Charge for the year
541
4,292
4,833
At 31 December 2024
608
5,358
5,966
At 31 December 2024
1,003
12,246
13,249
At 31 December 2023
1,204
4,977
6,181
Amounts falling due within one year
Trade debtors
40,605
1,716,553
Accrued income and prepayments
30,489
518,514
Amounts falling due after more than one year
Other debtors
1,141,840
1,415,000
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
414
-
Trade creditors
7,942
49,240
Taxes and social security
88,742
820,330
Other creditors
1,572
5,125
Loans from directors
2,690
(266)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,203
-
8
Average number of employees
During the year the average number of employees was 25 (2023: 20).