1 January 2024 false No description of principal activity Taxfiler 2024.6 11122174 business:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11122174 2023-12-31 11122174 2024-01-01 2024-12-31 11122174 business:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11122174 business:FilletedAccounts 2024-01-01 2024-12-31 11122174 2024-12-31 11122174 business:Director1 2024-01-01 2024-12-31 11122174 business:RegisteredOffice 2024-01-01 2024-12-31 11122174 2023-12-31 11122174 core:WithinOneYear 2024-12-31 11122174 core:WithinOneYear 2023-12-31 11122174 core:AfterOneYear 2024-12-31 11122174 core:AfterOneYear 2023-12-31 11122174 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 11122174 core:ShareCapital core:PreviouslyStatedAmount 2023-12-31 11122174 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 11122174 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-12-31 11122174 core:PreviouslyStatedAmount 2024-12-31 11122174 core:PreviouslyStatedAmount 2023-12-31 11122174 business:SmallEntities 2024-01-01 2024-12-31 11122174 countries:EnglandWales 2024-01-01 2024-12-31 11122174 core:LandBuildings 2024-01-01 2024-12-31 11122174 core:PlantMachinery 2024-01-01 2024-12-31 11122174 core:FurnitureFittings 2024-01-01 2024-12-31 11122174 core:ComputerEquipment 2024-01-01 2024-12-31 11122174 core:IntangibleAssetsOtherThanGoodwill 2023-12-31 11122174 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 11122174 core:IntangibleAssetsOtherThanGoodwill 2024-01-01 2024-12-31 11122174 core:LandBuildings 2023-12-31 11122174 core:PlantMachinery 2023-12-31 11122174 core:FurnitureFittings 2023-12-31 11122174 core:ComputerEquipment 2023-12-31 11122174 core:LandBuildings 2024-12-31 11122174 core:PlantMachinery 2024-12-31 11122174 core:FurnitureFittings 2024-12-31 11122174 core:ComputerEquipment 2024-12-31 11122174 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11122174 (England and Wales)
FRMD LONDON LIMITED Unaudited accounts for the year ended 31 December 2024
FRMD LONDON LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
FRMD LONDON LIMITED Company Information for the year ended 31 December 2024
Director
Alejandro Joaquin De Sarriera
Company Number
11122174 (England and Wales)
Registered Office
103 LOWER CLAPTON ROAD LONDON E5 0NP United Kingdom
Accountants
Addition Financial Limited The Office Group 1 Lyric Square Hammersmith London W6 0NB
- 3 -
FRMD LONDON LIMITED Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Intangible assets
4
1,282
2,182
Tangible assets
5
8,597
17,046
9,879
19,228
Current assets
Debtors
6
18,727
26,235
Cash at bank and in hand
34,026
2,253
52,753
28,488
Creditors: amounts falling due within one year
7
(43,529)
(56,631)
Net current assets/(liabilities)
9,224
(28,143)
Total assets less current liabilities
19,103
(8,915)
Creditors: amounts falling due after more than one year
8
(37,719)
(5,495)
Net liabilities
(18,616)
(14,410)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(18,617)
(14,411)
Shareholders' funds
(18,616)
(14,410)
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 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 15 September 2025 and were signed on its behalf by
Alejandro Joaquin De Sarriera Director Company Registration No. 11122174
- 4 -
FRMD LONDON LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
FRMD LONDON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11122174. The registered office is 103 LOWER CLAPTON ROAD, LONDON, E5 0NP, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided on a straight line basis over their estimated useful lives:
Land & buildings
5 years
Plant & machinery
5 years
Fixtures & fittings
5 years
Computer equipment
3 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
£
Cost
At 1 January 2024
4,500
At 31 December 2024
4,500
Amortisation
At 1 January 2024
2,318
Charge for the year
900
At 31 December 2024
3,218
Net book value
At 31 December 2024
1,282
At 31 December 2023
2,182
- 5 -
FRMD LONDON LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
2,948
22,465
24,246
547
50,206
At 31 December 2024
2,948
22,465
24,246
547
50,206
Depreciation
At 1 January 2024
1,545
16,027
15,041
547
33,160
Charge for the year
590
3,303
4,556
-
8,449
At 31 December 2024
2,135
19,330
19,597
547
41,609
Net book value
At 31 December 2024
813
3,135
4,649
-
8,597
At 31 December 2023
1,403
6,438
9,205
-
17,046
6
Debtors
2024
2023
£
£
Amounts falling due within one year
VAT
3,065
-
Trade debtors
2,284
5,516
Accrued income and prepayments
4,417
6,258
9,766
11,774
Amounts falling due after more than one year
Accrued income and prepayments
-
14,461
Other debtors
8,961
-
8,961
14,461
7
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
-
4,172
VAT
-
17,339
Trade creditors
39,855
14,766
Taxes and social security
136
-
Other creditors
1,227
1,462
Loans from directors
1,861
18,442
Accruals
450
450
43,529
56,631
8
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
37,719
5,495
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).
- 6 -