Fredince Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 11126464

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		70,631		114,668

			70,631		114,668
CURRENT ASSETS
Debtors	5	271,856		160,934
Cash at bank and in hand		1,288,481		1,299,202

		1,560,337		1,460,136
Creditors: Amounts Falling Due Within One Year	6	(72,854 )		(89,067 )

NET CURRENT ASSETS (LIABILITIES)			1,487,483		1,371,069

TOTAL ASSETS LESS CURRENT LIABILITIES			1,558,114		1,485,737

PROVISIONS FOR LIABILITIES
Deferred Taxation			(17,658 )		(28,667 )

NET ASSETS			1,540,456		1,457,070

CAPITAL AND RESERVES
Called up share capital	7		10		10
Profit and Loss Account			1,540,446		1,457,060

SHAREHOLDERS' FUNDS			1,540,456		1,457,070

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Fredince Ltd

Balance Sheet (continued)

As At 31 December 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr Shaun Hillier

Director

15/05/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Fredince Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11126464 . The registered office is 4 Oak Tree Close, Trowbridge, BA14 9BD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	20%
Plant & Machinery	20%
Motor Vehicles	25%

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost or Valuation
As at 1 January 2025	144,974	38,000	182,974
Disposals	(11,875 )	-	(11,875 )

As at 31 December 2025	133,099	38,000	171,099

Depreciation
As at 1 January 2025	38,223	30,083	68,306
Provided during the period	24,245	7,917	32,162

As at 31 December 2025	62,468	38,000	100,468

Net Book Value
As at 31 December 2025	70,631	-	70,631

As at 1 January 2025	106,751	7,917	114,668

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Fredince Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	98,120
Prepayments and accrued income	46,820	61,596
Directors Loan - 2	204,528	(609 )

	251,348	159,107
Due after more than one year
Amounts owed by associates	20,508	1,827

	271,856	160,934

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	523	1,587
Corporation tax	38,719	64,144
Other taxes and social security	1,304	1,859
VAT	26,005	14,869
Other creditors	6,003	6,308
Accruals and deferred income	300	300

	72,854	89,067

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10	10

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2025
	£	£	£	£	£
Dr Shaun Hillier	-	204,528	-	-	204,528

The above loan is unsecured, interest free and repayable on demand.

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