Frobisher Limited - Filleted accounts

Registered number

02634156

Frobisher Limited

Filleted Accounts

31 December 2025

Frobisher Limited
Registered number:		02634156
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		9,204			10,653
Investments	4		1,152			1,152
			10,356			11,805

Current assets
Debtors	5	1,699,258			1,734,127
Cash at bank and in hand		149,010			59,526
		1,848,268			1,793,653

Creditors: amounts falling due within one year	6	(1,242,665)			(1,143,738)

Net current assets			605,603			649,915

Net assets			615,959			661,720

Capital and reserves
Called up share capital			100			100
Profit and loss account			615,859			661,620

Shareholders' funds			615,959			661,720

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




N T Wolstenholme
Director
Approved by the board on 15 September 2026

Frobisher Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment			over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					4		4


3	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 January 2025			470		141,210		141,680
	Additions			-		1,463		1,463
	At 31 December 2025			470		142,673		143,143

	Depreciation
	At 1 January 2025			-		131,027		131,027
	Charge for the year			-		2,912		2,912
	At 31 December 2025			-		133,939		133,939

	Net book value
	At 31 December 2025			470		8,734		9,204
	At 31 December 2024			470		10,183		10,653


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 January 2025							1,152

	At 31 December 2025							1,152


5	Debtors					2025		2024
£							£

	Trade debtors					18,605		5
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					1,333,186		1,261,973
	Other debtors					347,467		472,149
						1,699,258		1,734,127


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					25,704		18,676
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					1,205,750		1,115,310
	Taxation and social security costs					1,962		1,545
	Other creditors					9,249		8,207
						1,242,665		1,143,738


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Loan charged at HMRC official rate	166,559		5,624		(3,500)		168,683

	short term loan	7,373		-		(500)		6,873

		173,932		5,624		(4,000)		175,556


8	Other information

	Frobisher Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Hoplands Estate
	Kings Somborne
	Stockbridge
	Hampshire
	SO20 6QH