REGISTERED NUMBER: 00722696 (England and Wales)

FRANKUM & KAYE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

5,914

7,885

Investments

5

1,960,000

1,960,050

1,965,914

1,967,935

CURRENT ASSETS

Debtors

6

1,207

1,065

Cash in hand

26,165

33,672

27,372

34,737

CREDITORS

Amounts falling due within one year

7

235,045

235,807

NET CURRENT LIABILITIES

(207,673

)

(201,070

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,758,241

1,766,865

CREDITORS

Amounts falling due after more than one year

8

22,952

28,249

NET ASSETS

1,735,289

1,738,616

CAPITAL AND RESERVES

Called up share capital

100

100

Capital redemption reserve

284

284

Retained earnings

1,734,905

1,738,232

1,735,289

1,738,616

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 January 2026 and were signed on its behalf by:

Mrs L L Pichelski - Director

1.	STATUTORY INFORMATION

Frankum & Kaye Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00722696

Registered office:

6-7 Castle Gate

Castle Street

Hertford

Hertfordshire

SG14 1HD

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

and 30 April 2025

26,000

DEPRECIATION

At 1 May 2024

18,115

Charge for year

1,971

At 30 April 2025

20,086

NET BOOK VALUE

At 30 April 2025

5,914

At 30 April 2024

7,885

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2024

1,960,050

Disposals

(50

)

At 30 April 2025

1,960,000

NET BOOK VALUE

At 30 April 2025

1,960,000

At 30 April 2024

1,960,050

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,207

1,065

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,297

5,296

Taxation and social security

-

192

Other creditors

229,748

230,319

235,045

235,807

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

22,952

28,249

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

7,062

9.	RELATED PARTY DISCLOSURES

The company owns 50% Frankum Mews Limited. The directors believe that with the benefit of capital introduced and work undertaken by the other 50% shareholder and planning permission for the redevelopment of the site that the value of their investment in Frankum Mews Limited has been preserved.

10.	ULTIMATE CONTROLLING PARTY

The company was controlled by the directors by virtue of their shareholding.