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Company Registration No. 11608883 (England and Wales)
FLASH TACKLE LTD Unaudited accounts for the year ended 31 October 2023
FLASH TACKLE LTD Unaudited accounts Contents
Page
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FLASH TACKLE LTD Company Information for the year ended 31 October 2023
Director
Carl Pringle
Company Number
11608883 (England and Wales)
Registered Office
4 SEABURN VIEW NEW HARTLEY WHITLEY BAY NE25 0SB ENGLAND
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FLASH TACKLE LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
41,499 
42,332 
Current assets
Inventories
140,903 
128,096 
Debtors
63,857 
147,634 
Cash at bank and in hand
97,030 
37,521 
301,790 
313,251 
Creditors: amounts falling due within one year
(86,658)
(107,657)
Net current assets
215,132 
205,594 
Total assets less current liabilities
256,631 
247,926 
Creditors: amounts falling due after more than one year
(17,657)
(27,409)
Provisions for liabilities
Deferred tax
(7,885)
(8,043)
Net assets
231,089 
212,474 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
231,088 
212,473 
Shareholders' funds
231,089 
212,474 
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 31 July 2024 and were signed on its behalf by
Carl Pringle Director Company Registration No. 11608883
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FLASH TACKLE LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
FLASH TACKLE LTD is a private company, limited by shares, registered in England and Wales, registration number 11608883. The registered office is 4 SEABURN VIEW, NEW HARTLEY, WHITLEY BAY, NE25 0SB, 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:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
19,023 
48,670 
208 
67,901 
Additions
13,000 
- 
- 
13,000 
At 31 October 2023
32,023 
48,670 
208 
80,901 
Depreciation
At 1 November 2022
7,848 
17,601 
120 
25,569 
Charge for the year
6,044 
7,767 
22 
13,833 
At 31 October 2023
13,892 
25,368 
142 
39,402 
Net book value
At 31 October 2023
18,131 
23,302 
66 
41,499 
At 31 October 2022
11,175 
31,069 
88 
42,332 
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FLASH TACKLE LTD Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,393 
32,108 
Other debtors
60,464 
115,526 
63,857 
147,634 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
15,170 
9,719 
VAT
19,374 
40,177 
Trade creditors
21,011 
10,290 
Taxes and social security
2,999 
13,395 
Other creditors
70 
125 
Loans from directors
27,034 
32,951 
Accruals
1,000 
1,000 
86,658 
107,657 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
17,657 
27,409 
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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