Company Registration No. 6345623 (England and Wales)
Fluid Energy Solutions International Limited
Unaudited accounts
for the year ended 31 December 2021
Fluid Energy Solutions International Limited
Unaudited accounts
Contents
Fluid Energy Solutions International Limited
Company Information
for the year ended 31 December 2021
Directors
Tatjana Stream
Graham Lucking
Company Number
6345623 (England and Wales)
Registered Office
Unit 1a Griffin Industrial Estate
Penncricket Lane
Rowley Regis
West Midlands
B65 0SN
Fluid Energy Solutions International Limited
Statement of financial position
as at 31 December 2021
Intangible assets
3,709,945
3,709,945
Cash at bank and in hand
773
12,832
Creditors: amounts falling due within one year
(56,272)
(55,753)
Net current (liabilities)/assets
(9,629)
8,883
Total assets less current liabilities
3,705,366
3,723,878
Creditors: amounts falling due after more than one year
(136,186)
(139,166)
Net assets
3,569,180
3,584,712
Called up share capital
2,936,667
2,936,667
Profit and loss account
632,513
648,045
Shareholders' funds
3,569,180
3,584,712
For the year ending 31 December 2021 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2022 and were signed on its behalf by
Graham Lucking
Director
Company Registration No. 6345623
Fluid Energy Solutions International Limited
Notes to the Accounts
for the year ended 31 December 2021
Fluid Energy Solutions International Limited is a private company, limited by shares, registered in England and Wales, registration number 6345623. The registered office is Unit 1a Griffin Industrial Estate, Penncricket Lane, Rowley Regis, West Midlands, B65 0SN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Original Research and Development Machinery and Equipment has been scrapped. The cost has been transferred to Project Development, reflecting the value in the design heritage files.
Certain items have been reclassified from Fixed Assets to Stock in line with the current trading of the business
European Commission grant
Grants in relation to research and development are credited to capital contribution reserve when receivable.
The related expenditure is capitalised as Intangible Assets.
4
Intangible fixed assets
Other
At 1 January 2021
3,709,945
At 31 December 2021
3,709,945
At 31 December 2021
3,709,945
At 31 December 2020
3,709,945
Fluid Energy Solutions International Limited
Notes to the Accounts
for the year ended 31 December 2021
5
Investments
Subsidiary undertakings
Valuation at 1 January 2021
5,050
Valuation at 31 December 2021
5,050
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
24,790
36,659
7
Creditors: amounts falling due within one year
2021
2020
Trade creditors
30,389
54,206
Taxes and social security
-
40
8
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
89,166
89,166
Allotted, called up and fully paid:
1,666,667 Ordinary shares of £1 each
1,666,667
1,666,667
1,270,000 Preference Shares of £1 each
1,270,000
1,270,000
10
Average number of employees
During the year the average number of employees was 5 (2020: 5).