Company registration number 10903712 (England and Wales)
FLEX OCCUPATIONAL HEALTH LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023
PAGES FOR FILING WITH REGISTRAR
FLEX OCCUPATIONAL HEALTH LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
FLEX OCCUPATIONAL HEALTH LIMITED
BALANCE SHEET
AS AT
30 APRIL 2023
30 April 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
21,673
25,059
Current assets
Debtors
4
20,754
10,309
Cash at bank and in hand
66,778
43,515
87,532
53,824
Creditors: amounts falling due within one year
5
(24,332)
(19,078)
Net current assets
63,200
34,746
Net assets
84,873
59,805
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
84,773
59,705
Total equity
84,873
59,805

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their 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 by the board of directors and authorised for issue on 3 August 2023 and are signed on its behalf by:
Mrs S Fowler
Director
Company Registration No. 10903712
FLEX OCCUPATIONAL HEALTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023
- 2 -
1
Accounting policies
Company information

Flex Occupational Health Limited is a private company limited by shares incorporated in England and Wales. The registered office is 20 Royston Road, London, SE20 7QN.

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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% reducing balance
Computers
20% reducing balance
Motor vehicles
20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

FLEX OCCUPATIONAL HEALTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2023
1
Accounting policies
(Continued)
- 3 -
1.5
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.6
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

 

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
3
3
3
Tangible fixed assets
Plant and equipment
Computers
Motor vehicles
Total
£
£
£
£
Cost
At 1 May 2022
-
0
3,232
28,600
31,832
Additions
1,453
580
-
0
2,033
At 30 April 2023
1,453
3,812
28,600
33,865
Depreciation and impairment
At 1 May 2022
-
0
1,053
5,720
6,773
Depreciation charged in the year
291
552
4,576
5,419
At 30 April 2023
291
1,605
10,296
12,192
Carrying amount
At 30 April 2023
1,162
2,207
18,304
21,673
At 30 April 2022
-
0
2,179
22,880
25,059
FLEX OCCUPATIONAL HEALTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2023
- 4 -
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
20,607
10,309
Other debtors
147
-
0
20,754
10,309
5
Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
14,797
5,648
Other creditors
9,535
13,430
24,332
19,078
2023-04-302022-05-01false03 August 2023CCH SoftwareCCH Accounts Production 2023.200No description of principal activityMrs Sarah FowlerMr Sam Fowler109037122022-05-012023-04-30109037122023-04-30109037122022-04-3010903712core:PlantMachinery2023-04-3010903712core:ComputerEquipment2023-04-3010903712core:MotorVehicles2023-04-3010903712core:PlantMachinery2022-04-3010903712core:ComputerEquipment2022-04-3010903712core:MotorVehicles2022-04-3010903712core:CurrentFinancialInstrumentscore:WithinOneYear2023-04-3010903712core:CurrentFinancialInstrumentscore:WithinOneYear2022-04-3010903712core:CurrentFinancialInstruments2023-04-3010903712core:CurrentFinancialInstruments2022-04-3010903712core:ShareCapital2023-04-3010903712core:ShareCapital2022-04-3010903712core:RetainedEarningsAccumulatedLosses2023-04-3010903712core:RetainedEarningsAccumulatedLosses2022-04-3010903712bus:Director12022-05-012023-04-3010903712core:PlantMachinery2022-05-012023-04-3010903712core:ComputerEquipment2022-05-012023-04-3010903712core:MotorVehicles2022-05-012023-04-30109037122021-05-012022-04-3010903712core:PlantMachinery2022-04-3010903712core:ComputerEquipment2022-04-3010903712core:MotorVehicles2022-04-30109037122022-04-3010903712core:WithinOneYear2023-04-3010903712core:WithinOneYear2022-04-3010903712bus:PrivateLimitedCompanyLtd2022-05-012023-04-3010903712bus:SmallCompaniesRegimeForAccounts2022-05-012023-04-3010903712bus:FRS1022022-05-012023-04-3010903712bus:AuditExemptWithAccountantsReport2022-05-012023-04-3010903712bus:Director22022-05-012023-04-3010903712bus:FullAccounts2022-05-012023-04-30xbrli:purexbrli:sharesiso4217:GBP