Company Registration No. 07379990 (England and Wales)
Freyloe Limited
Unaudited accounts
for the year ended 31 March 2026
Freyloe Limited
Statement of financial position
as at 31 March 2026
Tangible assets
18,398
19,389
Cash at bank and in hand
50,252
50,908
Creditors: amounts falling due within one year
(27,999)
(29,967)
Net current assets
40,014
39,153
Called up share capital
100
100
Profit and loss account
58,312
58,442
Shareholders' funds
58,412
58,542
For the year ending 31 March 2026 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 3 July 2026 and were signed on its behalf by
C J Stening
Director
Company Registration No. 07379990
Freyloe Limited
Notes to the Accounts
for the year ended 31 March 2026
Freyloe Limited is a private company, limited by shares, registered in England and Wales, registration number 07379990. The registered office is 77 Childs Way, Sheringham, Norfolk, NR26 8TX, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% reducing balance basis
Fixtures & fittings
15% reducing balance basis
Computer equipment
20% reducing balance basis
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Freyloe Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
20,491
2,590
2,060
25,141
Additions
5,500
-
1,839
7,339
Disposals
(5,991)
-
-
(5,991)
At 31 March 2026
20,000
2,590
3,899
26,489
At 1 April 2025
3,523
1,467
762
5,752
Charge for the year
5,000
177
383
5,560
On disposals
(3,221)
-
-
(3,221)
At 31 March 2026
5,302
1,644
1,145
8,091
At 31 March 2026
14,698
946
2,754
18,398
At 31 March 2025
16,968
1,123
1,298
19,389
Amounts falling due within one year
Trade debtors
17,500
18,212
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
25,024
28,001
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).