Company Registration No. 11037446 (England and Wales)
Flamingo Associates Limited
Unaudited accounts
for the year ended 31 October 2023
Flamingo Associates Limited
Unaudited accounts
Contents
Flamingo Associates Limited
Company Information
for the year ended 31 October 2023
Directors
Elizabeth McQuillan
Philip McQuillan
Company Number
11037446 (England and Wales)
Registered Office
Top Floor
126 Bold St
Fleetwood
Lancashire
FY7 6HW
Accountants
Brambles Consulting & Finance Ltd
Top Floor
126 Bold Street
Fleetwood
Lancashire
FY7 6HW
Flamingo Associates Limited
Statement of financial position
as at 31 October 2023
Tangible assets
64,983
78,794
Cash at bank and in hand
16,092
33,198
Creditors: amounts falling due within one year
(30,141)
(35,887)
Net current assets
27,361
42,598
Total assets less current liabilities
92,344
121,392
Creditors: amounts falling due after more than one year
(43,731)
(67,218)
Called up share capital
100
100
Profit and loss account
48,513
54,074
Shareholders' funds
48,613
54,174
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 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 31 July 2024 and were signed on its behalf by
Philip McQuillan
Director
Company Registration No. 11037446
Flamingo Associates Limited
Notes to the Accounts
for the year ended 31 October 2023
Flamingo Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 11037446. The registered office is Top Floor, 126 Bold St, Fleetwood, Lancashire, FY7 6HW.
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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2022
3,493
74,794
780
2,538
81,605
Additions
140
785
-
1,884
2,809
At 31 October 2023
3,633
75,579
780
4,422
84,414
At 1 November 2022
1,459
-
451
901
2,811
Charge for the year
543
15,115
82
880
16,620
At 31 October 2023
2,002
15,115
533
1,781
19,431
At 31 October 2023
1,631
60,464
247
2,641
64,983
At 31 October 2022
2,034
74,794
329
1,637
78,794
Flamingo Associates Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
15,241
19,268
Deferred tax asset
-
4,091
Accrued income and prepayments
4,214
7,447
Other debtors
21,000
13,522
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,690
6,690
Obligations under finance leases and hire purchase contracts
17,449
17,449
Taxes and social security
6,002
1,827
Loans from directors
-
1,421
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
34,896
52,345
8
Transactions with related parties
In the year the Directors loaned the company £1,421 (2021: £0).
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Average number of employees
During the year the average number of employees was 2 (2022: 2).