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Econofreeze (Morpeth) Limited
Unaudited Financial Statements
for the year ended 31 December 2025
Company registration number 01069913
(England and Wales)

Company Information

For the year ended 31 December 2025
Directors Drozdowicz, Marie Louise
Wake, Catherine
Wake, Jacinta
Wake, Norman

Company secretary Wake, Norman

Registered office Arctic House
78 Newgate Street
Morpeth
NE61 1BU

Registered number 01069913

Accountant AWS Accountancy Ltd
3 Berrymoor Court
Cramlington
Northumberland
NE23 7RZ

Statement of Financial Position

As at 31 December 2025
Notes
2025
2024
£
£
£
£
Fixed assets
Tangible assets
4
35,693
18,183
35,693
18,183
Current assets
Stocks
5
110,128
108,090
Debtors
6
14,114
18,176
Cash at bank and in hand
7
430,869
417,458
555,111
543,724
Creditors
Amounts falling due within one year
8
(36,470)
(53,060)
(36,470)
(53,060)
Net current assets (liabilities)
518,641
490,664
Total assets less current liabilities
554,334
508,847
Net assets (liabilities)
554,334
508,847
Capital and reserves
Called up share capital
2
2
Profit and loss account
554,332
508,845
Total equity
554,334
508,847

The company is a private company limited by shares and registered in England and Wales. It 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 financial statements.
The financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company's profit and loss account under section 444 (5A) of the Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 18 September 2026 and are signed on its behalf by:

Wake, Jacinta
Wake, Jacinta
Director

Company registration number 01069913

Notes to the Financial Statements

For the year ended 31 December 2025

1. Statutory information

The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The financial statements are presented in sterling and this is the functional currency of the company.

2. Accounting policies

2.1. Basis of preparation

The financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

The financial statements have been prepared under the historical cost convention in accordance with the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received and receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering services.

2.3. Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Rate
Method
%
Land and buildings
2
Straight-line
Plant and machinery
15
Reducing balance
Motor vehicles
25
Reducing balance
Office and computer equipment
15
Reducing balance

3. Employees

The average number of employees during the year was 3 (2024: 4).

4. Tangible fixed assets

Land and buildings
Plant and machinery
Motor vehicles
Office equipment
Total
£
£
£
£
£
Cost
At 1 January 2025
25,995
10,562
30,871
4,641
72,069
Additions
11,858
-
11,417
-
23,275
At 31 December 2025
37,853
10,562
42,288
4,641
95,344
Depreciation and impairment
At 1 January 2025
17,606
10,168
24,014
2,098
53,886
Charge for the period
757
59
4,569
380
5,765
At 31 December 2025
18,363
10,227
28,583
2,478
59,651
Net book value
At 31 December 2025
19,490
335
13,705
2,163
35,693
At 31 December 2024
8,389
394
6,857
2,543
18,183

5. Stocks and work in progress

2025
2024
£
£
Other stocks
110,128
108,090
Total
110,128
108,090

6. Debtors

2025
2024
£
£
Trade debtors
13,884
17,953
Prepayments and accrued income
230
223
Total due within one year
14,114
18,176
Total due after one year
-
-
Total
14,114
18,176

7. Cash at bank and in hand

2025
2024
£
£
Cash at bank
422,511
403,741
Cash in hand
8,358
13,717
Total
430,869
417,458

8. Creditors due within one year

2025
2024
£
£
Trade creditors
18,722
32,163
Other creditors
1,079
1,119
Directors loan account
29
29
Taxation and social security
14,870
18,069
Accruals and deferred income
1,770
1,680
Total
36,470
53,060