Company registration number:
06171344
Flypress Engineering Limited
Unaudited filleted financial statements
for the year ended
31 March 2024
Flypress Engineering Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Flypress Engineering Limited
Directors and other information
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Directors |
Mr S R Parr |
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Mrs C C Parr |
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Secretary |
Mrs C C Parr |
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Company number |
06171344 |
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Registered office |
Unit 6, Fletcher Industrial Estate |
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Clovelly Road |
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Bideford |
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Devon |
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EX39 3EU |
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Business address |
Unit 6, Fletcher Industrial Estate |
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Clovelly Road |
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Bideford |
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Devon |
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EX39 3EU |
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Accountants |
Giffords LLP |
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Office 8 The Barns |
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Caddsdown Industrial Park |
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Bideford |
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Devon |
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EX39 3BT |
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Flypress Engineering Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Flypress Engineering Limited
Year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Flypress Engineering Limited for the year ended 31 March 2024 which comprise the statement of financial position and 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 at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Flypress Engineering Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Flypress Engineering Limited and state those matters that we have agreed to state to the board of directors of Flypress Engineering Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Flypress Engineering Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Flypress Engineering Limited 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 profit of Flypress Engineering Limited. You consider that Flypress Engineering Limited 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 Flypress Engineering Limited. 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.
Giffords LLP
Chartered Accountants
Office 8 The Barns
Caddsdown Industrial Park
Bideford
Devon
EX39 3BT
Date: 30 August 2024
Flypress Engineering Limited
Statement of financial position
31 March 2024
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2024 |
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2023 |
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£ |
£ |
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£ |
£ |
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Fixed assets |
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239,027 |
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226,177 |
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________ |
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________ |
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Current assets |
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338,415 |
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302,275 |
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Prepayments and accrued income |
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61 |
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315 |
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________ |
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________ |
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338,476 |
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302,590 |
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Creditors: amounts falling due within one year |
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(
64,176) |
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(
75,881) |
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________ |
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Net current assets |
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274,300 |
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226,709 |
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Total assets less current liabilities |
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513,327 |
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452,886 |
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Creditors: amounts falling due after more than one year |
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(
8,078) |
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(
11,618) |
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Accruals and deferred income |
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(
2,315) |
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(
2,310) |
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________ |
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Net assets |
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502,934 |
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438,958 |
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Capital and reserves |
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502,934 |
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438,958 |
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________ |
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________ |
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Notes to the financial statements
Flypress Engineering Limited
Year ended 31 March 2024
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2023:
5
).
2.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2024 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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Mr S R &
Mrs C C Parr |
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184,259 |
184,259 |
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________ |
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The director's had a loan with the company during the year. The rate of interest charged on this loan was 2.25% per annum.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
23 August 2024
, and are signed on behalf of the board by:
Mr S R Parr
Director
Company registration number:
06171344
The company is a private company limited by shares, registered in England & Wales.