REGISTERED NUMBER: 15326964 (England and Wales)

NO CHOICE (FROME) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

4TH DECEMBER 2023 TO 31ST DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J A Still

Mrs D J Still

Mr M W Still

REGISTERED OFFICE:

Tudor House

16 Cathedral Road

United Kingdom

Cardiff

CF11 9LJ

REGISTERED NUMBER:

15326964 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Tangible assets

4

313,660

CURRENT ASSETS

Stocks

20,701

Debtors

5

27,370

Cash at bank and in hand

197,766

245,837

CREDITORS

Amounts falling due within one year

6

539,597

NET CURRENT LIABILITIES

(293,760

)

TOTAL ASSETS LESS CURRENT LIABILITIES

19,900

PROVISIONS FOR LIABILITIES

5,068

NET ASSETS

14,832

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

14,732

14,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th September 2025 and were signed on its behalf by:

Mrs D J Still - Director

1.	STATUTORY INFORMATION

No Choice (Frome) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

over the duration of the lease

Improvements to property

-

5% straight line on cost

Plant and machinery

-

20% straight line on cost

Fixtures and fittings

-

20% straight line on cost

Computer equipment

-

20% straight line on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4.	TANGIBLE FIXED ASSETS

Improvements

Short

to

Plant and

leasehold

property

machinery

£

£

£

COST

Additions

20,042

116,152

183,091

At 31st December 2024

20,042

116,152

183,091

DEPRECIATION

Charge for period

835

4,618

28,678

At 31st December 2024

835

4,618

28,678

NET BOOK VALUE

At 31st December 2024

19,207

111,534

154,413

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

Additions

32,759

1,300

353,344

At 31st December 2024

32,759

1,300

353,344

DEPRECIATION

Charge for period

5,395

158

39,684

At 31st December 2024

5,395

158

39,684

NET BOOK VALUE

At 31st December 2024

27,364

1,142

313,660

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

343

Other debtors

27,027

27,370

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

69,783

Amounts owed to group undertakings

441,234

Taxation and social security

12,615

Other creditors

15,965

539,597

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

£

Within one year

45,000

Between one and five years

138,750

183,750