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COMPANY REGISTRATION NUMBER: 08487461

Freethought International Ltd

Filleted Unaudited Financial Statements

30 April 2025

Freethought International Ltd

Statement of Financial Position

30 April 2025

| 2025 | 2024
Note | £ | £

Current assets

Stocks | 2,130 | 4,715
Cash at bank and in hand | 6,760 | 17
| ------- | -------
| 8,890 | 4,732

Creditors: amounts falling due within one year | 5 | 14,806 | 10,819
| -------- | --------
Net current liabilities | 5,916 | 6,087
| ------- | -------
Total assets less current liabilities | ( 5,916) | ( 6,087)
| ------- | -------
Net liabilities | ( 5,916) | ( 6,087)
| ------- | -------

Capital and reserves

Called up share capital | 13 | 13
Profit and loss account | ( 5,929) | ( 6,100)
| ------- | -------
Shareholders deficit | ( 5,916) | ( 6,087)
| ------- | -------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have 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 Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 14 January 2026 , and are signed on behalf of the board by:

Mr S Edamaruku |
Director |

Company registration number: 08487461

Freethought International Ltd

Notes to the Financial Statements

Year ended 30 April 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 99 Kenton Road, Harrow, Middlesex, HA3 0AN, UK.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
At the Balance Sheet date, the company has net current liabilities. The director have confirmed that they have the ability and are willing to support the company so that the company will be able to meet its financial obligations as and when they fall due for at least 12 months from the date of approval of these financial statements. On this basis the directors consider that preparing the accounts on the going concern basis is appropriate.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
5. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 597 | 950
Trade creditors | 5,440 | 1,120
Other creditors | 8,769 | 8,749
| -------- | --------
| 14,806 | 10,819
| -------- | --------