Company registration number 04482578 (England and Wales)
FRANKLINWEST LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
FRANKLINWEST LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
FRANKLINWEST LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
824
-
0
Investments
4
75
75
899
75
Current assets
Stocks
483,557
818,247
Debtors
5
182
1,327
Cash at bank and in hand
1,813
28,435
485,552
848,009
Creditors: amounts falling due within one year
6
(777,897)
(1,207,676)
Net current liabilities
(292,345)
(359,667)
Net liabilities
(291,446)
(359,592)
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
(291,448)
(359,594)
Total equity
(291,446)
(359,592)

For the financial 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.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 22 December 2025
Mr N  Franklin
Director
Company registration number 04482578 (England and Wales)
FRANKLINWEST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

FranklinWest Limited is a private company limited by shares incorporated in England and Wales. The registered office is 38 West Street, Dormansland, Lingfield, Surrey, England, RH7 6QS.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 accounts are presented in £ sterling.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

 

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
25% Reducing balance
1.4
Fixed asset investments
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
FRANKLINWEST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024
-
0
Additions
1,099
At 31 March 2025
1,099
Depreciation and impairment
At 1 April 2024
-
0
Depreciation charged in the year
275
At 31 March 2025
275
Carrying amount
At 31 March 2025
824
At 31 March 2024
-
0
4
Fixed asset investments
2025
2024
£
£
Other investments other than loans
75
75
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
182
1,327
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
256,540
674,086
Other creditors
519,957
532,290
Accruals and deferred income
1,400
1,300
777,897
1,207,676
2025-03-312024-04-01falsefalsefalse22 December 2025CCH SoftwareCCH Accounts Production 2025.300No description of principal activityNeil Franklin044825782024-04-012025-03-31044825782025-03-31044825782024-03-3104482578core:OtherPropertyPlantEquipment2025-03-3104482578core:OtherPropertyPlantEquipment2024-03-3104482578core:WithinOneYear2025-03-3104482578core:WithinOneYear2024-03-3104482578core:CurrentFinancialInstruments2025-03-3104482578core:CurrentFinancialInstruments2024-03-3104482578core:ShareCapital2025-03-3104482578core:ShareCapital2024-03-3104482578core:RetainedEarningsAccumulatedLosses2025-03-3104482578core:RetainedEarningsAccumulatedLosses2024-03-3104482578bus:Director12024-04-012025-03-3104482578core:ComputerEquipment2024-04-012025-03-31044825782023-04-012024-03-3104482578core:OtherPropertyPlantEquipment2024-03-3104482578core:OtherPropertyPlantEquipment2024-04-012025-03-3104482578core:CurrentFinancialInstrumentscore:WithinOneYear2025-03-3104482578core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3104482578bus:PrivateLimitedCompanyLtd2024-04-012025-03-3104482578bus:SmallCompaniesRegimeForAccounts2024-04-012025-03-3104482578bus:FRS1022024-04-012025-03-3104482578bus:AuditExemptWithAccountantsReport2024-04-012025-03-3104482578bus:FullAccounts2024-04-012025-03-31xbrli:purexbrli:sharesiso4217:GBP