Registration number: 08038365

Freeman and Clarke Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Freeman and Clarke Limited

(Registration number: 08038365)
Balance Sheet as at 30 December 2024

	Note	30 December 2024 £	30 December 2023 £
Current assets
Debtors	5	1,304,088	1,562,595
Investments	6	3	3
Cash at bank and in hand		244,207	547,946
		1,548,298	2,110,544
Creditors: Amounts falling due within one year	7	(1,364,883)	(1,822,625)
Net assets		183,415	287,919
Capital and reserves
Called up share capital	8	100	100
Retained earnings		183,315	287,819
Shareholders' funds		183,415	287,919

For the financial year ending 30 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 September 2025 and signed on its behalf by:
 

G G Freeman Director

S G Clarke Director

Freeman and Clarke Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 December 2024

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
30 St Giles'
Oxford
OX1 3LE

These financial statements were authorised for issue by the Board on 25 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 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 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities, net of value added tax.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website development	3 years straight line

Freeman and Clarke Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 December 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees and benefits relating toemployee service in the current prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, this excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4	Intangible assets

	Website Development	Total £
Cost or valuation
At 31 December 2023	2,400	2,400
At 30 December 2024	2,400	2,400
Amortisation
At 31 December 2023	2,400	2,400
At 30 December 2024	2,400	2,400
Carrying amount
At 30 December 2024	-	-

Freeman and Clarke Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 December 2024

5

Debtors

	30 December 2024 £	30 December 2023 £
Trade debtors	1,166,200	1,374,988
Amounts owed by group undertakings	76,526	148,928
Other debtors	61,362	38,679
Total current trade and other debtors	1,304,088	1,562,595

6	Current asset investments

	30 December 2024 £	30 December 2023 £
Other investments	3	3

Freeman and Clarke Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 December 2024

7

Creditors

Creditors: amounts falling due within one year

	Note	30 December 2024 £	30 December 2023 £
Due within one year
Trade creditors		1,285,166	1,710,698
Amounts owed to group undertakings and undertakings in which the company has a participating interest		2,003	-
Taxation and social security		46,358	57,031
Accruals and deferred income		31,356	23,575
Other creditors		-	31,321
		1,364,883	1,822,625

8	Share capital

Allotted, called up and fully paid shares

	30 December 2024		30 December 2023
	No.	£	No.	£
A Ordinary shares of £1 each	90	90	90	90
B Ordinary shares of £1 each	10	10	10	10
	100	100	100	100