Fraggie Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: NI621347

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		396,282		396,282

			396,282		396,282
CURRENT ASSETS
Debtors	5	2,383		-
Cash at bank and in hand		2,079		4,273

		4,462		4,273
Creditors: Amounts Falling Due Within One Year	6	(382,943 )		(371,967 )

NET CURRENT ASSETS (LIABILITIES)			(378,481 )		(367,694 )

TOTAL ASSETS LESS CURRENT LIABILITIES			17,801		28,588

Creditors: Amounts Falling Due After More Than One Year	7		(8,380 )		(19,167 )

NET ASSETS			9,421		9,421

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			9,321		9,321

SHAREHOLDERS' FUNDS			9,421		9,421

Page 1

Page 2

Fraggie Limited

Balance Sheet (continued)

As At 31 December 2024

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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Brendan Collins

Director

29/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Fraggie Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI621347 . The registered office is 6 Linenhall Street, Limavady, BT49 0HQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

Nil

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 January 2024	396,282

As at 31 December 2024	396,282

Net Book Value
As at 31 December 2024	396,282

As at 1 January 2024	396,282

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	2,383	-

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	30,270	-
Bank loans and overdrafts	10,644	10,000
Corporation tax	(2,680 )	-
Other creditors	312,313	330,201
Director's loan account	32,396	31,766

	382,943	371,967

Page 3

Page 4

Fraggie Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	8,380	19,167

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100