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Company Registration No. 10875486 (England and Wales)
Frane Ltd Unaudited accounts for the period from 1 August 2024 to 30 September 2025
Frane Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Frane Ltd Company Information for the period from 1 August 2024 to 30 September 2025
Director
Mrs Fatos KOCAKAYA-RANE
Company Number
10875486 (England and Wales)
Registered Office
122 Lavender Hill Enfield EN2 0QU England
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JT
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Frane Ltd Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
60,000
60,000
Tangible assets
5
28,843
25,545
88,843
85,545
Current assets
Inventories
56,445
60,945
Debtors
6
8,076
8,076
Cash at bank and in hand
37,504
32,592
102,025
101,613
Creditors: amounts falling due within one year
7
(134,565)
(48,292)
Net current (liabilities)/assets
(32,540)
53,321
Total assets less current liabilities
56,303
138,866
Creditors: amounts falling due after more than one year
8
(22,048)
(42,605)
Net assets
34,255
96,261
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
34,155
96,161
Shareholders' funds
34,255
96,261
For the period ending 30 September 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 director acknowledges her 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 and authorised for issue on 3 April 2026 and were signed on its behalf by
Mrs Fatos KOCAKAYA-RANE Director Company Registration No. 10875486
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Frane Ltd Notes to the Accounts for the period from 1 August 2024 to 30 September 2025
1
Statutory information
Frane Ltd is a private company, limited by shares, registered in England and Wales, registration number 10875486. The registered office is 122 Lavender Hill, Enfield, EN2 0QU, 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.
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 period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Land & buildings
18% - reducing balance method
Plant & machinery
18% - reducing balance method
Fixtures & fittings
18% - reducing balance method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Frane Ltd Notes to the Accounts for the period from 1 August 2024 to 30 September 2025
4
Intangible fixed assets
Goodwill
£
Cost
At 1 August 2024
60,000
At 30 September 2025
60,000
Amortisation
At 1 August 2024
-
At 30 September 2025
-
Net book value
At 30 September 2025
60,000
At 31 July 2024
60,000
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
4,307
34,429
13,367
52,103
Additions
-
4,516
5,113
9,629
At 30 September 2025
4,307
38,945
18,480
61,732
Depreciation
At 1 August 2024
1,411
14,918
10,229
26,558
Charge for the period
521
4,325
1,485
6,331
At 30 September 2025
1,932
19,243
11,714
32,889
Net book value
At 30 September 2025
2,375
19,702
6,766
28,843
At 31 July 2024
2,896
19,511
3,138
25,545
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
8,076
8,076
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
5,525
7,457
Trade creditors
15,243
13,027
Taxes and social security
9,128
15,378
Other creditors
103,549
11,310
Accruals
1,120
1,120
134,565
48,292
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Frane Ltd Notes to the Accounts for the period from 1 August 2024 to 30 September 2025
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
22,048
30,078
Obligations under finance leases and hire purchase contracts
-
12,527
22,048
42,605
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
99 Ordinary A shares of £1 each
99
99
1 Ordinary B shares of £1 each
1
1
100
100
10
Transactions with related parties
Included within other creditors is an amount of £103,410 (2024: £11,172) due to the director of the company. There are no terms as to interest or repayment in respect of this balance.
11
Average number of employees
During the period the average number of employees was 11 (2024: 9).
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