REGISTERED NUMBER: 08146103 (England and Wales)

Financial Statements for the Year Ended 31 August 2025

for

Friends Choice Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Ritesh Rai

Mrs Anju Lata Rai

REGISTERED OFFICE:

Bridge House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

08146103 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Intangible assets

4

90,000

90,000

Tangible assets

5

85,394

75,258

175,394

165,258

CURRENT ASSETS

Stocks

70,630

76,390

Debtors

6

81,124

345,102

Cash at bank and in hand

226,317

73,169

378,071

494,661

CREDITORS

Amounts falling due within one year

7

362,567

446,761

NET CURRENT ASSETS

15,504

47,900

TOTAL ASSETS LESS CURRENT LIABILITIES

190,898

213,158

CREDITORS

Amounts falling due after more than one year

8

183,672

206,650

NET ASSETS

7,226

6,508

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Retained earnings

6,226

5,508

SHAREHOLDERS' FUNDS

7,226

6,508

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 April 2026 and were signed on its behalf by:

Mr Ritesh Rai - Director

1.	STATUTORY INFORMATION

Friends Choice Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 represent net sales excluding Value Added Tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

90,000

NET BOOK VALUE

At 31 August 2025

90,000

At 31 August 2024

90,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

5,781

199,474

205,255

Additions

-

30,039

30,039

At 31 August 2025

5,781

229,513

235,294

DEPRECIATION

At 1 September 2024

-

129,997

129,997

Charge for year

-

19,903

19,903

At 31 August 2025

-

149,900

149,900

NET BOOK VALUE

At 31 August 2025

5,781

79,613

85,394

At 31 August 2024

5,781

69,477

75,258

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

75,263

344,000

Other debtors

5,861

1,102

81,124

345,102

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

85,952

70,171

Taxation and social security

9,738

7,815

Other creditors

266,877

368,775

362,567

446,761

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Other creditors

183,672

206,650

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000