REGISTERED NUMBER: 06058668 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

FROGNAL GARDENS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Brock

SECRETARY:

Ms I Urban

REGISTERED OFFICE:

305 Finchley Road

London

NW3 6DT

REGISTERED NUMBER:

06058668 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

16,626

20,153

16,626

20,153

CURRENT ASSETS

Stocks

13,400

12,193

Debtors

6

80,096

52,899

Cash at bank

62,466

65,556

155,962

130,648

CREDITORS

Amounts falling due within one year

7

115,513

99,465

NET CURRENT ASSETS

40,449

31,183

TOTAL ASSETS LESS CURRENT LIABILITIES

57,075

51,336

CREDITORS

Amounts falling due after more than one year

8

18,437

14,187

NET ASSETS

38,638

37,149

CAPITAL AND RESERVES

Called up share capital

1

1

Share premium

31,600

31,600

Retained earnings

7,037

5,548

38,638

37,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 10 October 2025 and were signed by:

N Brock - Director

1.	STATUTORY INFORMATION

Frognal Gardens 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

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

Goodwill

Goodwill has now been written off in full.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Stocks

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

Financial instruments

Financial Instruments are classified by the directors as basic or advances following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation

Taxation for the year 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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

There are no material uncertainties that may cast significant doubt about the company's ability to continue as as going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

80,000

AMORTISATION

At 1 February 2024

and 31 January 2025

80,000

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 February 2024

30,425

18,098

40,665

89,188

Additions

2,162

563

11,296

14,021

Disposals

(8,343

)

(2,888

)

-

(11,231

)

At 31 January 2025

24,244

15,773

51,961

91,978

DEPRECIATION

At 1 February 2024

25,043

15,757

28,235

69,035

Charge for year

2,819

1,510

12,817

17,146

Eliminated on disposal

(7,954

)

(2,875

)

-

(10,829

)

At 31 January 2025

19,908

14,392

41,052

75,352

NET BOOK VALUE

At 31 January 2025

4,336

1,381

10,909

16,626

At 31 January 2024

5,382

2,341

12,430

20,153

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

30,506

37,070

Other debtors

49,590

15,829

80,096

52,899

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

15,472

10,000

Trade creditors

904

6,660

Taxation and social security

63,665

60,121

Other creditors

35,472

22,684

115,513

99,465

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

18,437

14,187

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

N Brock

Balance outstanding at start of year

15,829

(264

)

Amounts advanced

115,143

114,593

Amounts repaid

(91,895

)

(98,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

39,077

15,829

Interest on the loan to the director is being charged at the current HMRC rate and there are no set repayment terms.