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REGISTERED NUMBER: 11010716 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Fireflux Ltd

Fireflux Ltd (Registered number: 11010716)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Fireflux Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: W D Crooks
Mrs J Crooks





SECRETARY: Mrs J Crooks





REGISTERED OFFICE: Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD





REGISTERED NUMBER: 11010716 (England and Wales)





ACCOUNTANTS: Tomkinson Teal Limited
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

Fireflux Ltd (Registered number: 11010716)

Balance Sheet
31 January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 5,370 26,125

CURRENT ASSETS
Stocks 10,644 21,189
Debtors 5 18,802 49,459
Cash at bank 8,011 6,726
37,457 77,374
CREDITORS
Amounts falling due within one year 6 (183,461 ) (148,023 )
NET CURRENT LIABILITIES (146,004 ) (70,649 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(140,634

)

(44,524

)

CREDITORS
Amounts falling due after more than one
year

7

(6,688

)

(19,740

)
NET LIABILITIES (147,322 ) (64,264 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (147,422 ) (64,364 )
SHAREHOLDERS' FUNDS (147,322 ) (64,264 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

Fireflux Ltd (Registered number: 11010716)

Balance Sheet - continued
31 January 2024


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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by:




W D Crooks - Director



Mrs J Crooks - Director


Fireflux Ltd (Registered number: 11010716)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Fireflux Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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.

Going concern
The financial statements have been prepared on a going concern basis, which places reliance on the continued support of the company's directors and shareholders.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 5 ) .

Fireflux Ltd (Registered number: 11010716)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 February 2023 56,395 4,314 60,709
Additions - 125 125
Disposals (31,395 ) - (31,395 )
At 31 January 2024 25,000 4,439 29,439
DEPRECIATION
At 1 February 2023 30,540 4,044 34,584
Charge for year 5,000 275 5,275
Eliminated on disposal (15,790 ) - (15,790 )
At 31 January 2024 19,750 4,319 24,069
NET BOOK VALUE
At 31 January 2024 5,250 120 5,370
At 31 January 2023 25,855 270 26,125

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 February 2023 31,395
Disposals (31,395 )
At 31 January 2024 -
DEPRECIATION
At 1 February 2023 15,790
Eliminated on disposal (15,790 )
At 31 January 2024 -
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 15,605

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,412 41,009
Amounts owed by participating interests 1,564 5,000
Other debtors 7,826 3,450
18,802 49,459

Fireflux Ltd (Registered number: 11010716)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,324 5,324
Hire purchase contracts 1,021 6,767
Trade creditors 8,854 31,111
Amounts owed to participating interests 158,750 96,000
Taxation and social security 1,115 6,621
Other creditors 8,397 2,200
183,461 148,023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 6,688 11,630
Hire purchase contracts - 8,110
6,688 19,740

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

British & Continental Finance Co. Ltd

A company under common control


The loan is interest free and there are no fixed repayment terms in operation.

2024 2023
£    £   
Amount due to related party at the balance sheet date 52,075 -

Cawarden Demo Co Limited

A company under common control


The loan is interest free and there are no fixed repayment terms in operation.

2024 2023
£    £   
Amount due to related party at the balance sheet date 106,675 96,000

Fireflux Ltd (Registered number: 11010716)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

9. RELATED PARTY DISCLOSURES - continued

Cawarden Co.Limited

A company under common control


The loan is interest free and there are no fixed repayment terms in operation.

2024 2023
£    £   
Amount due from related party at the balance sheet date 1,564 5,000

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Fireflux Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fireflux Ltd for the year ended 31 January 2024 which comprise the Profit and loss, Balance Sheet, Statement of Changes in Equity and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Fireflux Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Fireflux Ltd and state those matters that we have agreed to state to the Board of Directors of Fireflux Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fireflux Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Fireflux Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Fireflux Ltd. You consider that Fireflux Ltd 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 financial statements of Fireflux Ltd. 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 financial statements.






Tomkinson Teal Limited
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


20 March 2024