Company Registration No. 14814687 (England and Wales)
Freaak Out Ventures Limited
Unaudited accounts
for the year ended 30 April 2025
Freaak Out Ventures Limited
Unaudited accounts
Contents
Freaak Out Ventures Limited
Company Information
for the year ended 30 April 2025
Directors
Deepiesh Kumar Sethi
Pooja Sethi
Company Number
14814687 (England and Wales)
Registered Office
3 Langton Green
Maidenhead
SL6 0FF
England
Accountants
ABMO Consultancy
37 Taplow Road
Taplow
South Bucks
SL6 0JN
Freaak Out Ventures Limited
Statement of financial position
as at 30 April 2025
Intangible assets
20,250
22,500
Cash at bank and in hand
80,195
49
Creditors: amounts falling due within one year
(515,377)
(30,419)
Net current liabilities
(425,278)
(23,175)
Total assets less current liabilities
(31,310)
(675)
Creditors: amounts falling due after more than one year
(96,738)
-
Provisions for liabilities
Net liabilities
(135,488)
(825)
Called up share capital
100
100
Profit and loss account
(135,588)
(925)
Shareholders' funds
(135,488)
(825)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 November 2025 and were signed on its behalf by
Deepiesh Kumar Sethi
Director
Company Registration No. 14814687
Freaak Out Ventures Limited
Notes to the Accounts
for the year ended 30 April 2025
Freaak Out Ventures Limited is a private company, limited by shares, registered in England and Wales, registration number 14814687. The registered office is 3 Langton Green, Maidenhead, SL6 0FF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 April 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 19 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Straight Line
Motor vehicles
10% Straight Line
Fixtures & fittings
10% Straight Line
Computer equipment
10% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Freaak Out Ventures Limited
Notes to the Accounts
for the year ended 30 April 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
Additions
408,000
8,148
416,148
At 30 April 2025
408,000
8,148
416,148
Charge for the year
40,800
1,630
42,430
At 30 April 2025
40,800
1,630
42,430
At 30 April 2025
367,200
6,518
373,718
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
269,075
-
Taxes and social security
30,874
-
Loans from directors
-
30,419
Freaak Out Ventures Limited
Notes to the Accounts
for the year ended 30 April 2025
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 35 (2024: 0).