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Company Registration No. SC462238 (Scotland)
FRANKIE & LOLA'S LTD
Financial Statements
for the Period from 01 October 2023 to 30 September 2024
Amended Accounts
These accounts replace the original accounts. This report is now the statutory accounts for the period ending 30 September 2024 for
FRANKIE & LOLA'S LTD
These are prepared as at the date of the original accounts.
Signed:
25 June 2026

FRANKIE & LOLA'S LTD

Financial Statements for the period ending 30 September 2024

CONTENTS PAGE
Company Information 2
Statement of Financial Position 3
Notes to the Accounts 4
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FRANKIE & LOLA'S LTD

Financial Statements for the period ending 30 September 2024

Company Information

Company Details
Company Number SC462238
Registered Office FRANKIE & LOLAS LTD CLYDE OFFICES 2ND FLOOR 48 WEST GEORGE STREET
GLASGOW
G2 1BP
Directors
Directors who held office during the period were:
David Christopher CAPALDI   
Scott HOWIE Resigned   28/01/2025
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FRANKIE & LOLA'S LTD

Financial Statements for the period ending 30 September 2024

Statement of Financial Position

12345678
Notes 2024 2023
£ £
Fixed Assets
Tangible assets 5 900,086 1,002,382
Current Assets
Stocks 8,000 4,000
Debtors due 43,217 88,620
Cash at bank and in hand 34,724 65,812
85,941 158,432
Creditors
Amount falling due within one year (590,649) (1,287,680)
Net Current Assets (504,708) (1,129,248)
Total Assets less current liabilities 395,378 (126,866)
Creditors due after more than one year (650,940) (230,965)
Provision for liabilities (42,349) (46,175)
Net Assets (297,911) (404,006)
Capital and Reserves
Called up Share Capital 100 100
Retained earnings at end of year (298,011) (404,106)
Shareholder funds (297,911) (404,006)
For the year ending 30/09/2024 the company was entitled to exemption 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
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 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.
Approved by the Board on 25 June 2025
D Capaldi
Company Registration No. SC462238
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FRANKIE & LOLA'S LTD

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

1. Statutory Information
FRANKIE & LOLA'S LTD is a private company, limited by shares, registered in Scotland, registration number SC462238.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision ofservices in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.
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FRANKIE & LOLA'S LTD

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

Tangible Fixed Asset Policy
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
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FRANKIE & LOLA'S LTD

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

Notes to Accounts Amendment
The previously filed accounts did not comply with the Companies Act 2006
These accounts are a significant amenedment to the previously filed accounts
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FRANKIE & LOLA'S LTD

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 73
2023 76
4. Principal Activity
The principle activity of the corporation is a children's play area
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FRANKIE & LOLA'S LTD

Financial Statements for the period ending 30 September 2024

Notes to the Accounts

5. Fixed Assets
Land and buildings Plant and Machinery Fixtures and Fittings Computer Equipment Total
Cost or valuation £ £ £ £ £
At 01/10/2023 569,811 590,381 194,256 87,554 1,442,002
Additions - 5,895 10,845 290 17,030
At 30/09/2024 569,811 596,276 205,101 87,844 1,459,032
Depreciation
At 01/10/2023 92,272 242,589 61,589 43,170 439,620
Charge for the year 40,401 44,843 20,963 13,119 119,326
At 30/09/2024 132,673 287,432 82,552 56,289 558,946
Net Book Value
At 30/09/2024 437,138 308,844 122,549 31,555 900,086
At 30/09/2023 477,539 347,792 132,667 44,384 1,002,382
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