Company Registration No. 11091193 (England and Wales)
Frankiss Ltd
Unaudited accounts
for the year ended 31 December 2025
Frankiss Ltd
Unaudited accounts
Contents
Frankiss Ltd
Company Information
for the year ended 31 December 2025
Directors
John Frankiss
Rebecca Frankiss
Company Number
11091193 (England and Wales)
Registered Office
The Hidden House
New Street
Falmouth
Cornwall
TR11 3HX
Accountants
Carolyn Lowe
Biglin Lowe Accountants Ltd
Bosnoweth
Budock Water
Cornwall
TR11 5PE
Frankiss Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
35,880
40,087
Cash at bank and in hand
20,280
6,037
Creditors: amounts falling due within one year
(16,706)
(21,884)
Net current assets/(liabilities)
13,526
(2,153)
Total assets less current liabilities
49,657
38,437
Provisions for liabilities
Deferred tax
(6,663)
(9,109)
Called up share capital
100
100
Profit and loss account
42,894
29,228
Shareholders' funds
42,994
29,328
For the year ending 31 December 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 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 15 September 2026 and were signed on its behalf by
Rebecca Frankiss
Director
Company Registration No. 11091193
Frankiss Ltd
Notes to the Accounts
for the year ended 31 December 2025
Frankiss Ltd is a private company, limited by shares, registered in England and Wales, registration number 11091193. The registered office is The Hidden House, New Street, Falmouth, Cornwall, TR11 3HX.
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:
Plant & machinery
15% reducing balance
Motor vehicles
4 years straight line
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
Frankiss Ltd
Notes to the Accounts
for the year ended 31 December 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
47,584
5,000
35,535
88,119
At 31 December 2025
47,584
5,000
37,486
90,070
At 1 January 2025
22,744
5,000
20,288
48,032
Charge for the year
3,727
-
2,431
6,158
At 31 December 2025
26,471
5,000
22,719
54,190
At 31 December 2025
21,113
-
14,767
35,880
At 31 December 2024
24,840
-
15,247
40,087
Amounts falling due within one year
Accrued income and prepayments
3,233
-
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
3,410
6,112
Taxes and social security
5,568
1,230
Loans from directors
7,728
10,257
Frankiss Ltd
Notes to the Accounts
for the year ended 31 December 2025
8
Average number of employees
During the year the average number of employees was 10 (2024: 10).