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REGISTERED NUMBER: 11077880 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 November 2023

for

FLOH Consulting Limited

FLOH Consulting Limited (Registered number: 11077880)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FLOH Consulting Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: A E Maguire
L Maguire





REGISTERED OFFICE: 66 Wentworth Street
Spitalfields
London
E1 7BB





REGISTERED NUMBER: 11077880 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
Kepier House
Belmont Business Park
Durham
DH1 1TW

FLOH Consulting Limited (Registered number: 11077880)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 87,685 4,974

CURRENT ASSETS
Debtors 5 147,579 184,582
Cash at bank 725,602 429,184
873,181 613,766
CREDITORS
Amounts falling due within one year 6 118,548 99,670
NET CURRENT ASSETS 754,633 514,096
TOTAL ASSETS LESS CURRENT
LIABILITIES

842,318

519,070

PROVISIONS FOR LIABILITIES 8 613 1,244
NET ASSETS 841,705 517,826

CAPITAL AND RESERVES
Called up share capital 9 300 300
Retained earnings 841,405 517,526
SHAREHOLDERS' FUNDS 841,705 517,826

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

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 Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 August 2024 and were signed on its behalf by:



A E Maguire - Director


FLOH Consulting Limited (Registered number: 11077880)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

FLOH Consulting Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates value added tax or other sales taxes.

Income recognition
Income is recognised when the conditions constrained within a contract for services have been met.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and impairment.

Financial instruments
Basic financial instruments are recognised at amortised cost with charges recognised in the profit and loss account.

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

FLOH Consulting Limited (Registered number: 11077880)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2022 610 - 8,352 8,962
Additions 4,178 99,989 - 104,167
At 30 November 2023 4,788 99,989 8,352 113,129
DEPRECIATION
At 1 December 2022 335 - 3,653 3,988
Charge for year 611 18,748 2,097 21,456
At 30 November 2023 946 18,748 5,750 25,444
NET BOOK VALUE
At 30 November 2023 3,842 81,241 2,602 87,685
At 30 November 2022 275 - 4,699 4,974

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 145,268 169,582
Prepayments and accrued income 2,311 15,000
147,579 184,582

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 63 650
Taxation and social security 109,223 88,634
Other creditors 3,239 -
Directors' current accounts 884 8,686
Accruals and deferred income 5,139 1,700
118,548 99,670

FLOH Consulting Limited (Registered number: 11077880)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year - 1,384

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 613 1,244

Deferred
tax
£   
Balance at 1 December 2022 1,244
Accelerated capital allowances (631 )
Balance at 30 November 2023 613

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 A Ordinary £1 100 100
100 B Ordinary £1 100 100
100 C Ordinary £1 100 100
300 300

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions conducted at market rate.

There were no related party transactions non concluded under normal market conditions, except for the following:

2023 2022
£    £   
Amounts owed to directors 884 8,686

No interest was charged.