REGISTERED NUMBER: 00933203 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

D A Frankum Ltd

Page

Company information

1

Statement of financial position

2

Notes to the financial statements

4

Director:

L G Frankum

Secretary:

Mrs S E Frankum

Registered office:

6 Wendell Road

Shepherds Bush

London

W12 9RT

Registered number:

00933203 (England and Wales)

Accountants:

bk plus

Chartered Certified Accountants

The Gatehouse

2 Devonhurst Place

Heathfield Terrace

Chiswick

London

W4 4JD

Fixed assets

Investments

4

887,723

887,723

Investment property

5

10,650,000

9,721,214

11,537,723

10,608,937

Current assets

Debtors

6

37,729

61,550

Cash at bank

664,889

581,964

702,618

643,514

Creditors

Amounts falling due within one year

7

57,411

73,873

Net current assets

645,207

569,641

Total assets less current liabilities

12,182,930

11,178,578

Creditors

Amounts falling due after more than one year

8

(3,400,000

)

(3,400,000

)

Provisions for liabilities

(480,304

)

(326,934

)

Net assets

8,302,626

7,451,644

Capital and reserves

Called up share capital

20,000

20,000

Retained earnings

8,282,626

7,431,644

8,302,626

7,451,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 July 2026 and were signed by:

L G Frankum - Director

1.	Statutory information

D A Frankum Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover includes rents receivable from investment properties and it is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company has elected to apply the provisions of section 11 'Basic Financial Instruments' and section 12 'Other Financial Instruments Issues' of FRS 102 to all its financial instruments.

The company only enters into basic financial transactions that result in the recognition of financial assets and liabilities like cash and bank balances, trade and other debtors and creditors, loans from banks and other third parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	Employees and directors

The average number of employees during the year was 2 (2025 - 2 ) .

4.	Fixed asset investments

Interest in

joint

Other

venture

investments

Totals

£

£

£

Cost

At 1 April 2025

and 31 March 2026

827,000

60,723

887,723

Net book value

At 31 March 2026

827,000

60,723

887,723

At 31 March 2025

827,000

60,723

887,723

5.	Investment property

Total

£

Fair value

At 1 April 2025

9,721,214

Revaluations

928,786

At 31 March 2026

10,650,000

Net book value

At 31 March 2026

10,650,000

At 31 March 2025

9,721,214

Fair value at 31 March 2026 is represented by:

£

Valuation in 2021

6,277,544

Valuation in 2022

5,842,456

Valuation in 2023

(847,000

)

Valuation in 2024

(1,198,504

)

Valuation in 2025

(353,282

)

Valuation in 2026

928,786

10,650,000

6.

Debtors: amounts falling due within one year

2026

2025

£

£

Amounts owed by participating interests

1,000

-

Other debtors

36,729

61,550

37,729

61,550

7.

Creditors: amounts falling due within one year

2026

2025

£

£

Taxation and social security

43,776

18,478

Other creditors

13,635

55,395

57,411

73,873

8.

Creditors: amounts falling due after more than one year

2026

2025

£

£

Bank loans

3,400,000

3,400,000

9.	Related party disclosures

During the year the company loaned the director £31,729. The loan bore interest at 3.75% and was fully repaid after the year end.