Company Registration No. NI659710 (Northern Ireland)
Flat White Digital Ltd
Unaudited accounts
for the year ended 31 March 2023
Flat White Digital Ltd
Unaudited accounts
Contents
Flat White Digital Ltd
Company Information
for the year ended 31 March 2023
Directors
Christopher Donald McEldowney
Virginia Mendez Meson
Company Number
NI659710 (Northern Ireland)
Registered Office
8 Church Road
Helens Bay
Bangor
BT19 1TP
Accountants
Nuvem 9 Ltd
The Mount Business Centre
Woodstock Link
Belfast
County Antrim
BT6 8DD
Flat White Digital Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
1,273
1,684
Cash at bank and in hand
25,268
50,337
Creditors: amounts falling due within one year
(13,496)
(33,951)
Net current assets
11,772
17,163
Called up share capital
10
10
Profit and loss account
13,035
18,837
Shareholders' funds
13,045
18,847
For the year ending 31 March 2023 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 7 November 2023 and were signed on its behalf by
Christopher Donald McEldowney
Director
Company Registration No. NI659710
Flat White Digital Ltd
Notes to the Accounts
for the year ended 31 March 2023
Flat White Digital Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI659710. The registered office is 8 Church Road , Helens Bay , Bangor, BT19 1TP.
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.
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 Year Straight Line
Computer equipment
3 Year Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
420
4,221
4,641
At 31 March 2023
420
4,651
5,071
At 1 April 2022
225
2,732
2,957
Charge for the year
84
757
841
At 31 March 2023
309
3,489
3,798
At 31 March 2023
111
1,162
1,273
At 31 March 2022
195
1,489
1,684
Flat White Digital Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,913
1,180
Taxes and social security
353
1,207
Loans from directors
7,912
30,560
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).