IRIS Accounts Production v24.2.0.383 05659095 director 1.1.23 31.12.23 31.12.23 0 0 false true false false true false Fair value model 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh056590952022-12-31056590952023-12-31056590952023-01-012023-12-31056590952021-12-31056590952022-01-012022-12-31056590952022-12-3105659095ns15:EnglandWales2023-01-012023-12-3105659095ns14:Euro2023-01-012023-12-3105659095ns10:Director12023-01-012023-12-3105659095ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3105659095ns10:SmallEntities2023-01-012023-12-3105659095ns10:AuditExemptWithAccountantsReport2023-01-012023-12-3105659095ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3105659095ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3105659095ns10:FullAccounts2023-01-012023-12-3105659095ns10:RegisteredOffice2023-01-012023-12-3105659095ns5:CurrentFinancialInstruments2023-12-3105659095ns5:CurrentFinancialInstruments2022-12-3105659095ns5:ShareCapital2023-12-3105659095ns5:ShareCapital2022-12-3105659095ns5:RetainedEarningsAccumulatedLosses2023-12-3105659095ns5:RetainedEarningsAccumulatedLosses2022-12-3105659095ns5:FurnitureFittings2023-01-012023-12-3105659095ns5:FurnitureFittings2022-12-3105659095ns5:FurnitureFittings2023-12-3105659095ns5:FurnitureFittings2022-12-31
REGISTERED NUMBER: 05659095 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 December 2023

for

FLAKLEY LIMITED

FLAKLEY LIMITED (REGISTERED NUMBER: 05659095)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Report of the Director 2

Report of the Accountants 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 6


FLAKLEY LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Allan Dennis Cooper





REGISTERED OFFICE: c/o Trustige Limited
4th Floor, Portman House
2 Portman Street
London
W1H 6DU





REGISTERED NUMBER: 05659095 (England and Wales)





ACCOUNTANTS: Trustige Limited
4th Floor, Portman House,
2 Portman Street
London
W1H 6DU

FLAKLEY LIMITED (REGISTERED NUMBER: 05659095)

Report of the Director
for the Year Ended 31 December 2023

The director presents his report with the financial statements of the company for the year ended 31 December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review had ceased as the company sold its property on 29th May 2020. An application will be made for the company to be dissolved.

DIRECTOR
Allan Dennis Cooper held office during the whole of the period from 1 January 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Allan Dennis Cooper - Director


17 September 2024

FLAKLEY LIMITED

Report of the Accountants to the Director of
Flakley Limited


As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages four to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Trustige Limited
4th Floor, Portman House,
2 Portman Street
London
W1H 6DU


17 September 2024

FLAKLEY LIMITED (REGISTERED NUMBER: 05659095)

Income Statement
for the Year Ended 31 December 2023

2023 2022
€    €   

TURNOVER - -

Administrative expenses 11,762 26,673
OPERATING LOSS and
LOSS BEFORE TAXATION (11,762 ) (26,673 )

Tax on loss - (8,611 )
LOSS FOR THE FINANCIAL YEAR (11,762 ) (18,062 )

FLAKLEY LIMITED (REGISTERED NUMBER: 05659095)

Balance Sheet
31 December 2023

2023 2022
Notes €    €    €    €   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 1 1
1 1

CURRENT ASSETS
Cash at bank 67,546 88,768

CREDITORS
Amounts falling due within one year 6 2,950,943 2,960,403
NET CURRENT LIABILITIES (2,883,397 ) (2,871,635 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,883,396

)

(2,871,634

)

CAPITAL AND RESERVES
Called up share capital 148 148
Retained earnings (2,883,544 ) (2,871,782 )
(2,883,396 ) (2,871,634 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 17 September 2024 and were signed by:





Allan Dennis Cooper - Director


FLAKLEY LIMITED (REGISTERED NUMBER: 05659095)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Flakley 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.

The presentation currency of the financial statements is the Euro (€).


2. ACCOUNTING POLICIES

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

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 - 10% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

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

FLAKLEY LIMITED (REGISTERED NUMBER: 05659095)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
€   
COST
At 1 January 2023
and 31 December 2023 601,694
DEPRECIATION
At 1 January 2023
and 31 December 2023 601,694
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. INVESTMENT PROPERTY
Total
€   
FAIR VALUE
At 1 January 2023
and 31 December 2023 1
NET BOOK VALUE
At 31 December 2023 1
At 31 December 2022 1

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
€    €   
Other creditors 2,950,943 2,960,403

7. RELATED PARTY DISCLOSURES

The company owed the shareholder, Bantic Trading LLC €2,950,944 (31.12.2022: €2,950,944).

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is considered to be Tatiana Trifonova.