Company Registration No. 05133927 (England and Wales)
Flixels Limited
Unaudited accounts
for the year ended 31 October 2023
Flixels Limited
Unaudited accounts
Contents
Flixels Limited
Company Information
for the year ended 31 October 2023
Company Number
05133927 (England and Wales)
Registered Office
31 Pollards Drive
Horsham
West Sussex
RH13 5HQ
England
Accountants
SA Ledgers Ltd
57 Canbury Park Road
Kingston
KT2 6LQ
Flixels Limited
Statement of financial position
as at 31 October 2023
Tangible assets
15,343
18,256
Cash at bank and in hand
1,197
5,138
Creditors: amounts falling due within one year
(4,484)
(6,259)
Net current liabilities
(3,287)
(1,121)
Total assets less current liabilities
12,056
17,135
Creditors: amounts falling due after more than one year
(361,957)
(326,714)
Net liabilities
(349,901)
(309,579)
Called up share capital
1
1
Profit and loss account
(349,902)
(309,580)
Shareholders' funds
(349,901)
(309,579)
For the year ending 31 October 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 28 July 2024 and were signed on its behalf by
Nigel Rogers
Director
Company Registration No. 05133927
Flixels Limited
Notes to the Accounts
for the year ended 31 October 2023
Flixels Limited is a private company, limited by shares, registered in England and Wales, registration number 05133927. The registered office is 31 Pollards Drive, Horsham, West Sussex, RH13 5HQ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Whilst the balance sheet indicates net liabilities, the director has confirmed that he will not withdraw any funds from the company in the foreseeable future and not to the detriment of any other creditors.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
88,510
16,056
3,199
107,765
At 31 October 2023
88,510
16,056
6,898
111,464
At 1 November 2022
76,238
12,205
1,066
89,509
Charge for the year
3,736
578
2,298
6,612
At 31 October 2023
79,974
12,783
3,364
96,121
At 31 October 2023
8,536
3,273
3,534
15,343
At 31 October 2022
12,272
3,851
2,133
18,256
Flixels Limited
Notes to the Accounts
for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,494
4,443
Taxes and social security
-
826
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
361,957
326,714
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).