Selwood Freeman Ltd

Selwood Freeman Ltd
Statement of Financial Position
As at 31 March 2025

	2025		2024
	£	£	£	£
Fixed assets		449,186		449,186
Current assets	10,545		2,621
Creditors: amount falling due within one year	(2,790)		(900)
Net current assets		7,755		1,721
Total assets less current liabilities		456,941		450,907
Creditors: amount falling due after more than one year		(455,531)		(456,491)
Net assets		1,410		(5,584)


Capital and reserves		1,410		(5,584)

NOTES TO THE ACCOUNTS

General Information

Selwood Freeman Ltd is a private company, limited by shares, registered in England and Wales, registration number 14819805, registration address Leigh Court Business Centre, Pill Road, Abbots Leigh, North Somerset, BS8 3RA.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

Related parties

During the year the company entered into the following transactions with related parties:

	Amount due from/to related party				Provision for doubtful debt from the related party
	2025 £		2024 £		2025 £		2024 £
C Selwood Family Loan	(73,535)		(74,495)		-		-

As at the year end the company owed £73,535 (2024: £74,495). There are no fixed repayment terms associated with the monies advanced nor interest charged on the outstanding balance.

4.	Director’s loan

M Freeman

As at the year end the company owed M Freeman £74,496 (2024: £74,496) in the form of a directors' loan account. There are no fixed repayment terms associated with the monies advanced and no interest is charged on the outstanding amount.

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 10 December 2025 and were signed on its behalf by:

--------------------------------
C Selwood
Director

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M Freeman
Director

Registered Number: 14819805
England and Wales
Unaudited Financial Statements

for the year ended 31 March 2025
for
SELWOOD FREEMAN LTD