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Company Registration No. 10749100 (England and Wales)
FLAWAYS LTD Unaudited accounts for the year ended 31 May 2023
FLAWAYS LTD Unaudited accounts Contents
Page
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FLAWAYS LTD Company Information for the year ended 31 May 2023
Director
Flavius Felician Ciupa
Company Number
10749100 (England and Wales)
Registered Office
10 Abbeydore Grove Monkston Milton Keynes MK10 9HH England
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FLAWAYS LTD Statement of financial position as at 31 May 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
541 
Current assets
Investments
(9)
Cash at bank and in hand
1,126 
1,117 
Creditors: amounts falling due within one year
1,720 
Net current assets
2,837 
Net assets
3,378 
Capital and reserves
Called up share capital
1 
Profit and loss account
3,377 
Shareholders' funds
3,378 
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 19 January 2024 and were signed on its behalf by
Flavius Felician Ciupa Director Company Registration No. 10749100
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FLAWAYS LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
FLAWAYS LTD is a private company, limited by shares, registered in England and Wales, registration number 10749100. The registered office is 10 Abbeydore Grove, Monkston, Milton Keynes, MK10 9HH, England.
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.
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:
Motor vehicles
1
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2022
7,041 
At 31 May 2023
7,041 
Depreciation
Charge for the year
6,500 
At 31 May 2023
6,500 
Net book value
At 31 May 2023
541 
5
Investments held as current assets
2023 
£ 
Listed investments
(9)
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FLAWAYS LTD Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
£ 
Bank loans and overdrafts
(5,247)
VAT
(73)
Taxes and social security
786 
Other creditors
2,814 
(1,720)
7
Average number of employees
During the year the average number of employees was 0.
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