TFA Frankby Ltd - Filleted accounts

Registered number

14540396

TFA Frankby Ltd

Filleted Accounts

31 December 2024

TFA Frankby Ltd
Registered number:		14540396
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Current assets
Stocks		-			7,213
Debtors	3	18,786			9,207
Cash at bank and in hand		429			4,523
		19,215			20,943

Creditors: amounts falling due within one year	4	(18,497)			(20,942)

Net current assets			718			1

Net assets			718			1

Capital and reserves
Called up share capital			1			1
Profit and loss account			717			-

Shareholder's funds			718			1

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Philip Senior
Director
Approved by the board on 3 October 2025

TFA Frankby Ltd
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2024		2023
Number			Number

	Average number of persons employed by the company	0		0


3	Debtors	2024		2023
£			£

	Trade debtors and prepayments	12,268		-
	Other debtors	6,518		9,207
		18,786		9,207


4	Creditors: amounts falling due within one year	2024		2023
£			£

	Trade creditors aand accruals	13,319		19,872
	Taxation and social security costs	4,591		216
	Other creditors	587		854
		18,497		20,942


5	Other information

	TFA Frankby Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Farmer's Arms
	167 Hillbark Road
	Wirral
	Merseyside
	CH48 1NJ