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Company Registration No. 05550908 (England and Wales)
Frangus Limited Unaudited accounts for the year ended 31 July 2025
Frangus Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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Frangus Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
35,670
36,171
Current assets
Debtors
5
31,387
33,467
Cash at bank and in hand
41,661
32,949
73,048
66,416
Creditors: amounts falling due within one year
6
(30,781)
(44,385)
Net current assets
42,267
22,031
Net assets
77,937
58,202
Capital and reserves
Called up share capital
7
2
2
Profit and loss account
77,935
58,200
Shareholders' funds
77,937
58,202
For the year ending 31 July 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 22 February 2026 and were signed on its behalf by
Mrs J S Thomson Director Company Registration No. 05550908
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Frangus Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Frangus Limited is a private company, limited by shares, registered in England and Wales, registration number 05550908. The registered office is Halfway House, Jubilee Road, Mitcheldean, Gloucestershire, GL17 0EE.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
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
25% on cost
Motor vehicles
25% reducing balance
Computer equipment
33% on cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
14,263
42,627
27,080
83,970
Additions
500
39,451
3,769
43,720
Disposals
-
(39,027)
-
(39,027)
At 31 July 2025
14,763
43,051
30,849
88,663
Depreciation
At 1 August 2024
12,719
10,657
24,423
47,799
Charge for the year
810
10,763
3,378
14,951
On disposals
-
(9,757)
-
(9,757)
At 31 July 2025
13,529
11,663
27,801
52,993
Net book value
At 31 July 2025
1,234
31,388
3,048
35,670
At 31 July 2024
1,544
31,970
2,657
36,171
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Frangus Limited Notes to the Accounts for the year ended 31 July 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
26,076
25,032
Accrued income and prepayments
5,311
8,435
31,387
33,467
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
7,148
15,944
Taxes and social security
21,828
25,733
Loans from directors
171
1,129
Accruals
1,634
1,579
30,781
44,385
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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