REGISTERED NUMBER: 09438420 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

FREEDOM BI-FOLDS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E M Barry-Walsh

REGISTERED OFFICE:

Unit 2 Northwood Farm Buildings

Andover Down

Andover

Hampshire

SP11 6LJ

REGISTERED NUMBER:

09438420 (England and Wales)

ACCOUNTANTS:

LFM

Chartered Certified Accountants

The Stables

23b Lenten Street

Alton

Hampshire

GU34 1HG

FIXED ASSETS

Tangible assets

4

124,682

110,828

CURRENT ASSETS

Stocks

30,000

21,400

Debtors

5

127,770

62,801

Cash at bank

6,119

89,182

163,889

173,383

CREDITORS

Amounts falling due within one year

6

210,337

191,606

NET CURRENT LIABILITIES

(46,448

)

(18,223

)

TOTAL ASSETS LESS CURRENT LIABILITIES

78,234

92,605

CREDITORS

Amounts falling due after more than one year

7

(38,883

)

(26,120

)

PROVISIONS FOR LIABILITIES

(31,171

)

(27,707

)

NET ASSETS

8,180

38,778

CAPITAL AND RESERVES

Called up share capital

130

120

Share premium

4,950

4,950

Retained earnings

3,100

33,708

SHAREHOLDERS' FUNDS

8,180

38,778

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 1 June 2026 and were signed by:

E M Barry-Walsh - Director

1.	STATUTORY INFORMATION

Freedom Bi-Folds 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 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.

Plant and machinery etc

-

20% straight line, 20% on reducing balance and 10% straight line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

204,061

Additions

57,241

Disposals

(23,370

)

At 31 December 2025

237,932

DEPRECIATION

At 1 January 2025

93,233

Charge for year

36,958

Eliminated on disposal

(16,941

)

At 31 December 2025

113,250

NET BOOK VALUE

At 31 December 2025

124,682

At 31 December 2024

110,828

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

59,152

38,386

Other debtors

68,618

24,415

127,770

62,801

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

44,899

10,000

Hire purchase contracts (see note 8)

18,474

7,796

Trade creditors

95,115

85,924

Taxation and social security

50,197

41,544

Other creditors

1,652

46,342

210,337

191,606

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

6,630

Hire purchase contracts (see note 8)

38,883

19,490

38,883

26,120

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

18,474

7,796

Between one and five years

38,883

19,490

57,357

27,286

Non-cancellable

operating leases

2025

2024

£

£

Within one year

8,525

22,601

Between one and five years

-

8,525

8,525

31,126

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

E M Barry-Walsh

Balance outstanding at start of year

-

-

Amounts advanced

156,122

131,047

Amounts repaid

(94,000

)

(131,047

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

62,122

-

Amounts outstanding at year end repaid by 31st March 2026.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is E M Barry-Walsh.