Fresco Bon Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: NI602320

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,038,347		1,401,457
Investments	5		7,300		7,300

			2,045,647		1,408,757
CURRENT ASSETS
Debtors		68,072		53,913
Cash at bank and in hand		4,022		18,717

		72,094		72,630
Creditors: Amounts Falling Due Within One Year		(1,267,315 )		(1,364,000 )

NET CURRENT ASSETS (LIABILITIES)			(1,195,221 )		(1,291,370 )

TOTAL ASSETS LESS CURRENT LIABILITIES			850,426		117,387

Creditors: Amounts Falling Due After More Than One Year			(423,057 )		(453,838 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(309,616 )		(109,616 )

NET ASSETS/(LIABILITIES)			117,753		(446,067 )

CAPITAL AND RESERVES
Called up share capital	6		100		100
Revaluation reserve	7		1,086,600		486,600
Profit and Loss Account			(968,947 )		(932,767 )

SHAREHOLDERS' FUNDS			117,753		(446,067)

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Fresco Bon Limited

Abridged Balance Sheet (continued)

As At 31 March 2025

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Henry Diamond

Director

31/07/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Fresco Bon Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI602320 . The registered office is Lesley House, 3a Carnmoney Road, Newtownabbey, Antrim, BT36 6HL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	4% Straight line
Plant & Machinery	20% Straight line
Motor Vehicles	25% Straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 3)

4. Tangible Assets

	Total
	£
Cost or Valuation
As at 1 April 2024	2,048,447
Additions	8,120
Revaluation	800,000

As at 31 March 2025	2,856,567

Depreciation
As at 1 April 2024	646,990
Provided during the period	171,230

As at 31 March 2025	818,220

Net Book Value
As at 31 March 2025	2,038,347

As at 1 April 2024	1,401,457

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Fresco Bon Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

5. Investments

	Total
	£
Cost or Valuation
As at 1 April 2024	7,300

As at 31 March 2025	7,300

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	7,300

As at 1 April 2024	7,300

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

7. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	486,600
Surplus on revaluation	600,000

As at 31 March 2025	1,086,600

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