Company Registration No. 11746966 (England and Wales)
W FRIAR LIMITED
Unaudited accounts
for the year ended 31 March 2025
W FRIAR LIMITED
Unaudited accounts
Contents
W FRIAR LIMITED
Company Information
for the year ended 31 March 2025
Company Number
11746966 (England and Wales)
Registered Office
Whitefriars
Friary Road
Ascot
SL5 9HD
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
W FRIAR LIMITED
Statement of financial position
as at 31 March 2025
Investments
600,831
600,000
Cash at bank and in hand
5,896
250,217
Creditors: amounts falling due within one year
(53,351)
(53,021)
Net current (liabilities)/assets
(2,898)
292,000
Net assets
597,933
892,000
Called up share capital
2
2
Profit and loss account
597,931
891,998
Shareholders' funds
597,933
892,000
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 September 2025 and were signed on its behalf by
Edward Moss
Director
Company Registration No. 11746966
W FRIAR LIMITED
Notes to the Accounts
for the year ended 31 March 2025
W FRIAR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11746966. The registered office is Whitefriars , Friary Road, Ascot , SL5 9HD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
W FRIAR LIMITED
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment
5
Investments
Other investments
Valuation at 1 April 2024
600,000
Valuation at 31 March 2025
600,831
Amounts falling due within one year
Deferred tax asset
8,402
-
Accrued income and prepayments
34,205
15,899
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
53,351
52,896
Allotted, called up and fully paid:
1 A Ordinary shares of £1 each
1
1
1 B Ordinary shares of £1 each
1
1
W FRIAR LIMITED
Notes to the Accounts
for the year ended 31 March 2025
9
Transactions with related parties
Frenchfriar Ltd:
The company is related to Frenchfriar Ltd by virtue of common shareholders and directors. The amount owed from Frenchfriar Ltd at the balance sheet date was £85,727.
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).