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Company Registration No. 10328919 (England and Wales)
Ixer And Franklin Limited Unaudited accounts for the year ended 31 August 2025
Ixer And Franklin Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ixer And Franklin Limited Company Information for the year ended 31 August 2025
Director
Steve Ixer
Company Number
10328919 (England and Wales)
Registered Office
C/O 83 Barrack Lane Bognor Regis West Sussex PO21 4DX England
Accountants
Neat Accounting Ltd The Track Station Rd Bognor Regis West Sussex PO21 1QF
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Ixer And Franklin Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Current assets
Inventories
7,500
7,500
Debtors
5
12,247
10,756
19,747
18,256
Creditors: amounts falling due within one year
6
(18,308)
(11,764)
Net current assets
1,439
6,492
Total assets less current liabilities
1,439
6,492
Creditors: amounts falling due after more than one year
7
(1,275)
(6,375)
Net assets
164
117
Capital and reserves
Called up share capital
2
2
Profit and loss account
162
115
Shareholders' funds
164
117
For the year ending 31 August 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 his 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 31 August 2025 and were signed on its behalf by
Steve Ixer Director Company Registration No. 10328919
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Ixer And Franklin Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Ixer And Franklin Limited is a private company, limited by shares, registered in England and Wales, registration number 10328919. The registered office is C/O 83 Barrack Lane, Bognor Regis, West Sussex, PO21 4DX, 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 year, 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.
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
20% Straight Line Basis
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 September 2024
13,235
At 31 August 2025
13,235
Depreciation
At 1 September 2024
13,235
At 31 August 2025
13,235
Net book value
At 31 August 2025
-
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
9,600
(1,055)
Other debtors
2,647
11,811
12,247
10,756
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Ixer And Franklin Limited Notes to the Accounts for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
8,438
6,272
VAT
3,325
2,745
Trade creditors
193
-
Taxes and social security
24,637
24,608
Other creditors
12,942
14,018
Loans from directors
(32,727)
(37,379)
Accruals
1,500
1,500
18,308
11,764
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,275
6,375
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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