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REGISTERED NUMBER: 03711600 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JANUARY 2024

FOR

FLEXIWIDE LIMITED

FLEXIWIDE LIMITED (REGISTERED NUMBER: 03711600)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FLEXIWIDE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JANUARY 2024







DIRECTORS: P A Cox
R W A Taylor





SECRETARY: K Taylor





REGISTERED OFFICE: 40 Gable Croft
Boley Park
Lichfield
Staffordshire
WS14 9RY





REGISTERED NUMBER: 03711600 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
161 Newhall Street
Birmingham
B3 1SW

FLEXIWIDE LIMITED (REGISTERED NUMBER: 03711600)

BALANCE SHEET
30 JANUARY 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 900 124,782
Cash at bank 1,556 2,002,058
2,456 2,126,840
CREDITORS
Amounts falling due within one year 5 10,776 2,136,451
NET CURRENT LIABILITIES (8,320 ) (9,611 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,320

)

(9,611

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (8,322 ) (9,613 )
(8,320 ) (9,611 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 April 2024 and were signed on its behalf by:





R W A Taylor - Director


FLEXIWIDE LIMITED (REGISTERED NUMBER: 03711600)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JANUARY 2024


1. STATUTORY INFORMATION

Flexiwide Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is the amount receivable for rent, insurance and services in the UK during the financial year, excluding value added tax and trade discounts.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

FLEXIWIDE LIMITED (REGISTERED NUMBER: 03711600)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JANUARY 2024


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 8,409
Amounts owed by group undertakings - 114,767
Other debtors 900 1,606
900 124,782

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 8,596 1,753,985
Taxation and social security 680 333,743
Other creditors 1,500 48,723
10,776 2,136,451

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 January 2024 and 30 January 2023:

2024 2023
£    £   
P A Cox
Balance outstanding at start of year - -
Amounts advanced 450 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 450 -

R W A Taylor
Balance outstanding at start of year - -
Amounts advanced 450 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 450 -