Flare Heating & Mechanical Services Limited 11935810 false 2022-05-01 2023-04-30 2023-04-30 The principal activity of the company is the installation of industrial machinery and equipment. Digita Accounts Production Advanced 6.30.9574.0 true true true 11935810 2022-05-01 2023-04-30 11935810 2023-04-30 11935810 core:CurrentFinancialInstruments 2023-04-30 11935810 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 11935810 bus:SmallEntities 2022-05-01 2023-04-30 11935810 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 11935810 bus:FullAccounts 2022-05-01 2023-04-30 11935810 bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 11935810 bus:RegisteredOffice 2022-05-01 2023-04-30 11935810 bus:Director1 2022-05-01 2023-04-30 11935810 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11935810 core:OtherRelatedParties 2022-05-01 2023-04-30 11935810 1 2022-05-01 2023-04-30 11935810 countries:EnglandWales 2022-05-01 2023-04-30 11935810 2021-05-01 2022-04-30 11935810 2022-04-30 11935810 core:CurrentFinancialInstruments 2022-04-30 11935810 core:CurrentFinancialInstruments core:WithinOneYear 2022-04-30 iso4217:GBP xbrli:pure

Registration number: 11935810

Flare Heating & Mechanical Services Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2023

 

Flare Heating & Mechanical Services Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Flare Heating & Mechanical Services Limited

(Registration number: 11935810)
Balance Sheet as at 30 April 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

28

28

Cash at bank and in hand

 

155

632

 

183

660

Creditors: Amounts falling due within one year

5

(5,940)

(5,140)

Net liabilities

 

(5,757)

(4,480)

Capital and reserves

 

Called up share capital

10

10

Retained earnings

(5,767)

(4,490)

Shareholders' deficit

 

(5,757)

(4,480)

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 November 2023 and signed on its behalf by:
 

.........................................
K R Tarbox
Director

 

Flare Heating & Mechanical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis by virtue of the continued support of the directors.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

Flare Heating & Mechanical Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

4

Debtors

Current

2023
£

2022
£

Other debtors

28

28

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Other creditors

5,940

5,140

6

Related party transactions

Summary of transactions with other related parties


 Flare Heating & Mechanical Services Limited had an interest free loan with Southern Maintenance Solutions (UK) Limited. At the balance sheet date the amount due to Southern Maintenance Solutions (UK) Limited was £5,390 (2022: £4,590).

Southern Maintenance Solutions (UK) Limited is a related party by virtue of common control of directors.

7

Parent and ultimate parent undertaking

The company's immediate parent is KT and DB Holdings Limited, incorporated in England and Wales.