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Company Registration No. 6345623 (England and Wales)
Fluid Energy Solutions International Limited Unaudited accounts for the year ended 31 December 2022
Fluid Energy Solutions International Limited Unaudited accounts Contents
Page
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Fluid Energy Solutions International Limited Company Information for the year ended 31 December 2022
Director
Graham Lucking
Company Number
6345623 (England and Wales)
Registered Office
Unit 1a Griffin Industrial Estate Penncricket Lane Rowley Regis West Midlands B65 0SN
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Fluid Energy Solutions International Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,708,842 
3,709,945 
Investments
5,050 
5,050 
3,713,892 
3,714,995 
Current assets
Inventories
10,220 
10,220 
Debtors
53,460 
35,650 
Cash at bank and in hand
6,963 
773 
70,643 
46,643 
Creditors: amounts falling due within one year
(97,682)
(56,272)
Net current liabilities
(27,039)
(9,629)
Total assets less current liabilities
3,686,853 
3,705,366 
Creditors: amounts falling due after more than one year
(40,092)
(136,186)
Net assets
3,646,761 
3,569,180 
Capital and reserves
Called up share capital
3,025,833 
2,936,667 
Profit and loss account
620,928 
632,513 
Shareholders' funds
3,646,761 
3,569,180 
For the year ending 31 December 2022 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 director acknowledges his 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 and authorised for issue on 29 September 2023 and were signed on its behalf by
Graham Lucking Director Company Registration No. 6345623
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Fluid Energy Solutions International Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
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 
£ 
Cost
At 1 January 2022
3,709,945 
Disposals
(1,103)
At 31 December 2022
3,708,842 
Amortisation
At 1 January 2022
- 
At 31 December 2022
- 
Net book value
At 31 December 2022
3,708,842 
At 31 December 2021
3,709,945 
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Fluid Energy Solutions International Limited Notes to the Accounts for the year ended 31 December 2022
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2022
5,050 
Valuation at 31 December 2022
5,050 
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
4,026 
- 
Trade debtors
1,892 
24,790 
Amounts due from group undertakings etc.
19,261 
- 
Accrued income and prepayments
25,809 
- 
Other debtors
2,472 
10,860 
53,460 
35,650 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
22,664 
10,742 
Trade creditors
41,924 
30,389 
Amounts owed to group undertakings and other participating interests
27,030 
- 
Taxes and social security
6,024 
- 
Other creditors
- 
15,141 
Accruals
40 
- 
97,682 
56,272 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
40,092 
47,020 
Other creditors
- 
89,166 
40,092 
136,186 
9
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
1,666,667 Ordinary shares of £1 each
1,666,667 
1,666,667 
1,359,166 Preference Shares of £1 each
1,359,166 
1,270,000 
3,025,833 
2,936,667 
Shares issued during the period:
89,166 Preference Shares of £1 each
89,166 
10
Average number of employees
During the year the average number of employees was 5 (2021: 5).
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