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Company Registration No. 05117606 (England and Wales)
Fluent Communications Limited Unaudited accounts for the year ended 31 March 2023
Fluent Communications Limited Unaudited accounts Contents
Page
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Fluent Communications Limited Company Information for the year ended 31 March 2023
Directors
D L Coleman A J Sadler B R Webb
Company Number
05117606 (England and Wales)
Registered Office
Suite 3, First Floor, Harley House Farningham Road Crowborough East Sussex TN6 2JD
Accountants
Martin Yardley 7 Oak End Close Southborough Tunbridge Wells Kent TN4 0TE
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Fluent Communications Limited for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Fluent Communications Limited for the year ended 31 March 2023 as set out on pages 5 - 9 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Fluent Communications Limited, as a body, in accordance with the terms of our engagement letter dated 30 October 2017. Our work has been undertaken solely to prepare for your approval the accounts of Fluent Communications Limited and state those matters that we have agreed to state to the Board of Directors of Fluent Communications Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fluent Communications Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Fluent Communications Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Fluent Communications Limited. You consider that Fluent Communications Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Fluent Communications Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Martin Yardley Chartered Accountants 7 Oak End Close Southborough Tunbridge Wells Kent TN4 0TE 24 November 2023
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Fluent Communications Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,063 
3,813 
Tangible assets
4,502 
12,360 
Investments
3 
3 
7,568 
16,176 
Current assets
Inventories
4,500 
4,500 
Debtors
170,827 
178,381 
Cash at bank and in hand
4 
20 
175,331 
182,901 
Creditors: amounts falling due within one year
(152,402)
(157,200)
Net current assets
22,929 
25,701 
Total assets less current liabilities
30,497 
41,877 
Creditors: amounts falling due after more than one year
(27,647)
(39,572)
Provisions for liabilities
Deferred tax
(1,125)
(2,022)
Net assets
1,725 
283 
Capital and reserves
Called up share capital
6 
6 
Capital redemption reserve
1 
1 
Profit and loss account
1,718 
276 
Shareholders' funds
1,725 
283 
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 24 November 2023 and were signed on its behalf by
D L Coleman Director Company Registration No. 05117606
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Fluent Communications Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Fluent Communications Limited is a private company, limited by shares, registered in England and Wales, registration number 05117606. The registered office is Suite 3, First Floor, Harley House, Farningham Road, Crowborough, East Sussex, TN6 2JD.
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.
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
4 years straight line
Motor vehicles
4 years straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Fluent Communications Limited Notes to the Accounts for the year ended 31 March 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
15,000 
At 31 March 2023
15,000 
Amortisation
At 1 April 2022
11,187 
Charge for the year
750 
At 31 March 2023
11,937 
Net book value
At 31 March 2023
3,063 
At 31 March 2022
3,813 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
23,507 
44,653 
68,160 
Additions
231 
- 
231 
At 31 March 2023
23,738 
44,653 
68,391 
Depreciation
At 1 April 2022
20,205 
35,595 
55,800 
Charge for the year
8,089 
- 
8,089 
At 31 March 2023
28,294 
35,595 
63,889 
Net book value
At 31 March 2023
(4,556)
9,058 
4,502 
At 31 March 2022
3,302 
9,058 
12,360 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2022
3 
Valuation at 31 March 2023
3 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
81,795 
117,560 
Amounts due from group undertakings etc.
72,362 
45,266 
Accrued income and prepayments
4,093 
4,446 
Other debtors
12,577 
11,109 
170,827 
178,381 
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Fluent Communications Limited Notes to the Accounts for the year ended 31 March 2023
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
28,457 
30,479 
Obligations under finance leases and hire purchase contracts
2,010 
2,628 
Trade creditors
27,873 
26,913 
Taxes and social security
55,083 
60,156 
Other creditors
9,299 
4,703 
Accruals
4,730 
6,230 
Deferred income
24,950 
26,091 
152,402 
157,200 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
25,019 
34,934 
Obligations under finance leases and hire purchase contracts
2,628 
4,638 
27,647 
39,572 
10
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
1,125 
2,022 
2023 
2022 
£ 
£ 
Provision at start of year
2,022 
4,370 
Credited to the profit and loss account
(897)
(2,348)
Provision at end of year
1,125 
2,022 
11
Operating lease commitments
2023 
2022 
£ 
£ 
At 31 March 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
16,500 
16,500 
12
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Current account
364 
- 
364 
- 
Current account
4,364 
557 
- 
4,921 
4,728 
557 
364 
4,921 
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Fluent Communications Limited Notes to the Accounts for the year ended 31 March 2023
13
Transactions with related parties
The following amounts in management charges, rent and insurance costs were invoiced to subsidiary companies. Fluent Technologies Limited £114,637 Fluent Voice and Data Limited £68,179
14
Average number of employees
During the year the average number of employees was 11 (2022: 11).
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