Frank Choice Communications Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 10374504 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

FOR

FRANK CHOICE COMMUNICATIONS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs J C Husdan

REGISTERED OFFICE:

72 Ashley Drive

Bramhall

Stockport

Cheshire

SK7 1EP

REGISTERED NUMBER:

10374504 (England and Wales)

ACCOUNTANTS:

Walker Begley Limited

Chartered Accountants

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

FIXED ASSETS

Tangible assets

4

11,003

1,391

CURRENT ASSETS

Debtors

12,119

8,355

Cash at bank

4,723

32,518

16,842

40,873

CREDITORS

Amounts falling due within one year

26,945

38,287

NET CURRENT (LIABILITIES)/ASSETS

(10,103

)

2,586

TOTAL ASSETS LESS CURRENT LIABILITIES

900

3,977

PROVISIONS FOR LIABILITIES

341

264

NET ASSETS

559

3,713

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

558

3,712

SHAREHOLDERS' FUNDS

559

3,713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2022 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 June 2023 and were signed by:

Mrs J C Husdan - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

50% on cost and 25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2021

4,737

Additions

9,297

At 30 September 2022

14,034

DEPRECIATION

At 1 October 2021

3,346

Charge for year

(315

)

At 30 September 2022

3,031

NET BOOK VALUE

At 30 September 2022

11,003

At 30 September 2021

1,391

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director has received an unsecured interest free loan from the company. The loan has no fixed repayment terms and the balance outstanding at 30 September 2022 was £8,124.