WARE FRAMES LTD - Filleted accounts

Registered number

07147627

WARE FRAMES LTD

Unaudited Filleted Accounts

28 February 2025

WARE FRAMES LTD
Registered number:		07147627
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,001			5,503

Current assets
Stocks		12,500			16,700
Debtors	4	28,636			28,636
Cash at bank and in hand		11,418			18,733
		52,554			64,069

Creditors: amounts falling due within one year	5	(83,358)			(85,649)

Net current liabilities			(30,804)			(21,580)

Net liabilities			(28,803)			(16,077)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(28,903)			(16,177)

Shareholder's funds			(28,803)			(16,077)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Deborah Wareing
Director
Approved by the board on 30 December 2025

WARE FRAMES LTD
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	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 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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		8		7


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 March 2024				14,007
	At 28 February 2025				14,007

	Depreciation
	At 1 March 2024				8,504
	Charge for the year				3,502
	At 28 February 2025				12,006

	Net book value
	At 28 February 2025				2,001
	At 29 February 2024				5,503


4	Debtors		2025		2024
£				£

	Other debtors		28,636		28,636


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		13,098		23,280
	Trade creditors		48,320		33,563
	Corporation tax		-		7,065
	Other taxes and social security		21,940		21,741
			83,358		85,649


6	Controlling party

	The Company was controlled throughout the year by the directors by virtue of the fact that they own all of the ordinary shares.


7	Other information

	WARE FRAMES LTD is a private company limited by shares and incorporated in England. Its registered office is:
	90 Brixon Hill
	London
	SW2 1QN