Company Registration No. 04956129 (England and Wales)
Frost Design London Limited
Unaudited financial statements
For the year ended 31 December 2022
Pages for filing with registrar
FROST DESIGN LONDON LIMITED
Frost Design London Limited
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
FROST DESIGN LONDON LIMITED
Frost Design London Limited
BALANCE SHEET
AS AT
31 DECEMBER 2022
31 December 2022
- 1 -
2022
2021
Notes
£
£
£
£
Current assets
Debtors
4
78
78
Cash at bank and in hand
783
544
861
622
Creditors: amounts falling due within one year
5
(52,703)
(51,304)
Net current liabilities
(51,842)
(50,682)
Capital and reserves
Called up share capital
6
900
900
Profit and loss reserves
(52,742)
(51,582)
Total equity
(51,842)
(50,682)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 31 July 2023
V H Frost
Director
Company Registration No. 04956129
FROST DESIGN LONDON LIMITED
Frost Design London Limited
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
- 2 -
1
Accounting policies
Company information
Frost Design London Limited is a private company limited by shares incorporated in England and Wales. The registered office is 55 Loudoun Road, St John's Wood, London, NW8 0DL.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
1.2
Going concern
The company is dependent upon the support of a director. The director has confirmed that he does not intend to withdraw the existing funds due to him within the next twelve months, without first ensuring that the company's continuing operations will not be adversely affected. Moreover, the director has also confirmed that he will arrange for such additional funds and/or adequate alternative funds to be loaned to the company as and when required in order to enable the company to meet its day to day requirements. The going concern basis is therefore believed to be appropriate, and consequently, the financial statements do not include any adjustments that might result from a withdrawal of funds.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2022
2021
Number
Number
Total
4
Debtors
2022
2021
Amounts falling due within one year:
£
£
Other debtors
78
78
FROST DESIGN LONDON LIMITED
Frost Design London Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
- 3 -
5
Creditors: amounts falling due within one year
2022
2021
£
£
Other creditors
52,703
51,304
6
Called up share capital
2022
2021
2022
2021
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
900
900
900
900