General Information
FRYDAYS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03157457, registration address Laurel House, Aston Ingham Road, Kilcot, Newent, GL18 1NS.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Land and Buildings |
25 Straight Line |
| Plant and Machinery |
25 Straight Line
|
| Fixtures and Fittings |
25 Straight Line
|
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation, and are stated at cost.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
| 2. |
Average number of employees
Average number of employees during the year was 8 (2024 : 7).
|
| 3. |
Intangible fixed assets
| Cost |
Goodwill |
|
Total |
| |
£ |
|
£ |
| At 01 April 2024 |
127,500 |
|
127,500 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 March 2025 |
127,500 |
|
127,500 |
| Amortisation |
| At 01 April 2024 |
121,125 |
|
121,125 |
| Charge for year |
6,375 |
|
6,375 |
| On disposals |
- |
|
- |
| At 31 March 2025 |
127,500 |
|
127,500 |
| Net book values |
| At 31 March 2025 |
- |
|
- |
| At 31 March 2024 |
6,375 |
|
6,375 |
|
| 4. |
Tangible fixed assets
| Cost or valuation |
Land and Buildings |
|
Plant and Machinery |
|
Fixtures and Fittings |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
| At 01 April 2024 |
961,462 |
|
94,459 |
|
7,090 |
|
1,063,011 |
| Additions |
- |
|
- |
|
- |
|
- |
| Disposals |
- |
|
- |
|
- |
|
- |
| At 31 March 2025 |
961,462 |
|
94,459 |
|
7,090 |
|
1,063,011 |
| Depreciation |
| At 01 April 2024 |
109,859 |
|
92,593 |
|
3,967 |
|
206,419 |
| Charge for year |
13,735 |
|
751 |
|
1,418 |
|
15,904 |
| On disposals |
- |
|
- |
|
- |
|
- |
| At 31 March 2025 |
123,594 |
|
93,344 |
|
5,385 |
|
222,323 |
| Net book values |
| Closing balance as at 31 March 2025 |
837,868 |
|
1,115 |
|
1,705 |
|
840,688 |
| Opening balance as at 01 April 2024 |
837,868 |
|
1,115 |
|
1,705 |
|
840,688 |
|
| 5. |
Stocks
|
2025
£ |
|
2024
£ |
| Stocks |
1,290 |
|
1,290 |
|
1,290 |
|
1,290 |
|
| 6. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Prepayments & Accrued Income |
1,063 |
|
1,063 |
|
1,063 |
|
1,063 |
|
| 6. |
Debtors: amounts falling due after one year
|
2025
£ |
|
2024
£ |
| Other Debtors |
2,293 |
|
2,293 |
|
2,293 |
|
2,293 |
|
| 7. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
10,259 |
|
10,259 |
| Corporation Tax |
38,098 |
|
38,098 |
| PAYE & Social Security |
260 |
|
260 |
| Accrued Expenses |
2,225 |
|
2,225 |
| Other Creditors |
66 |
|
66 |
| Directors' Current Accounts |
34,556 |
|
34,556 |
| VAT |
16,368 |
|
16,345 |
|
101,832 |
|
101,809 |
|
| 8. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Other Creditors |
3,750 |
|
3,750 |
|
3,750 |
|
3,750 |
|
| 9. |
Provisions for liabilities
|
2025
£ |
|
2024
£ |
| Deferred Tax |
847 |
|
847 |
| Charged to Profit & Loss |
(379) |
|
(379) |
|
468 |
|
468 |
|
3
|