ACCOUNTS - Final Accounts preparation

Commitments under operating leases

At 31 March 2025 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Company registration number: 12968457

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	WHERE'S THE FRAME LIMITED


WHERE'S THE FRAME LIMITED

COMPANY INFORMATION

Director	M Bierens


Registered number	12968457


Registered office	91 Warrington Crescent
	Warrington Crescent
	Flat 2
	London
	W9 1EH


Accountants	Menzies LLP
	Chartered Accountants
	Magna House
	18-32 London Road
	Staines-Upon-Thames
	TW18 4BP


WHERE'S THE FRAME LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 6


WHERE'S THE FRAME LIMITED REGISTERED NUMBER:12968457

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		1,040		2,080
			1,040		2,080
Current assets
Debtors: amounts falling due after more than one year	5	29,728		29,728
Debtors: amounts falling due within one year	5	20,416		5,006
Cash at bank and in hand		43,772		31,762
		93,916		66,496
Creditors: amounts falling due within one year	6	(31,431)		(18,696)
Net current assets			62,485		47,800
Total assets less current liabilities			63,525		49,880
Creditors: amounts falling due after more than one year	7		(28,080)		(28,080)

Net assets			35,445		21,800

Capital and reserves
Called up share capital	100	100
Profit and loss account	35,345	21,700
	35,445	21,800

Page 1


WHERE'S THE FRAME LIMITED REGISTERED NUMBER:12968457

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

M Bierens

Director

Date: 10 December 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2


WHERE'S THE FRAME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Where's The Frame Limited is a private Company limited by shares incorporated in England and Wales. The address of the principal place of business is Flat 2, First Floor, 91 Warrington Crescent, London, W9 1EH.
The financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is generated throught the provision of art and consultancy services to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3


WHERE'S THE FRAME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives range as follows:

Long-term leasehold property

years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Employees

The average number of monthly employees, including directors, during the year was 1 (2024 - 1).

4.	Tangible fixed assets

		Leasehold property
		£
	Cost or valuation
	At 1 April 2024	3,120
	At 31 March 2025	3,120
	Depreciation
	At 1 April 2024	1,040
	Charge for the year on financed assets	1,040
	At 31 March 2025	2,080
	Net book value
	At 31 March 2025	1,040
	At 31 March 2024	2,080

Page 4


WHERE'S THE FRAME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Debtors
		2025	2024
		£	£

Due after more than one year
Other debtors	29,728	29,728
	29,728	29,728

					2025	2024
					£	£

Due within one year
Trade debtors	19,810	4,400
Other debtors	606	606
	20,416	5,006

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	16,336	11,259
Other creditors	195	-
Accruals and deferred income	14,900	7,437
	31,431	18,696

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Other loans	28,080	28,080
	28,080	28,080

Page 5


WHERE'S THE FRAME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Not later than 1 year	54,000	54,000
Later than 1 year and not later than 5 years	121,500	54,000
	175,500	108,000

Page 6