Franfind Limited - Period Ending 2023-12-31

Franfind Limited

trading as FranFIND Limited

Profit and Loss Account for the Year Ended 31 December 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Franfind Limited

trading as FranFIND Limited

(Registration number: 03447345)
Balance Sheet as at 31 December 2023

	Note	2023 £	2022 £
Creditors: Amounts falling due within one year	3	(3,984)	(3,984)
Capital and reserves
Called up share capital	4	100	100
Retained earnings		(4,084)	(4,084)
Shareholders' deficit		(3,984)	(3,984)

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 27 February 2024 and signed on its behalf by:
 

......................................... Ms Angela Bachfeld Director

Franfind Limited

trading as FranFIND Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
5 North Court
Armstrong Road
Maidstone
Kent
ME15 6JZ
United Kingdom

The principal place of business is:
Klein Rietz 17
15848
Rietz-Neuendorf
Germany

These financial statements were authorised for issue by the Board on 27 February 2024.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Franfind Limited

trading as FranFIND Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Creditors

	Note	2023 £	2022 £
Due within one year
Amounts due to related parties		3,984	3,984

4	Share capital

Allotted, called up and fully paid shares

	2023		2022
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

5	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).