1 January 2023 false No description of principal activity Taxfiler 2024.5 11095272business:PrivateLimitedCompanyLtd2023-01-012023-12-31 110952722022-12-31 110952722023-01-012023-12-31 11095272business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 11095272business:FilletedAccounts2023-01-012023-12-31 110952722023-12-31 11095272business:Director12023-01-012023-12-31 11095272business:RegisteredOffice2023-01-012023-12-31 110952722022-12-31 11095272core:WithinOneYear2023-12-31 11095272core:WithinOneYear2022-12-31 11095272core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 11095272core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 11095272core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 11095272core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 11095272core:PreviouslyStatedAmount2023-12-31 11095272core:PreviouslyStatedAmount2022-12-31 11095272business:SmallEntities2023-01-012023-12-31 11095272countries:EnglandWales2023-01-012023-12-31 11095272core:ComputerEquipment2023-01-012023-12-31 11095272core:ComputerEquipment2022-12-31 11095272core:ComputerEquipment2023-12-31 110952722022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11095272 (England and Wales)
Flair Tech Ltd Unaudited accounts for the year ended 31 December 2023
Flair Tech Ltd Unaudited accounts Contents
Page
- 2 -
Flair Tech Ltd Company Information for the year ended 31 December 2023
Director
Mohamed Ikram Mohamed Ilyas
Company Number
11095272 (England and Wales)
Registered Office
Phoenix Business Centre Office 10, Rosslyn Crescent Harrow Middlesex HA1 2SP England
Accountants
Metropolitan Accountants Ltd Phoenix Business Centre Office 10, Rosslyn Crescent Harrow Middlesex HA1 2SP
- 3 -
Flair Tech Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,266 
- 
Current assets
Debtors
11,400 
7,400 
Cash at bank and in hand
605 
1,596 
12,005 
8,996 
Creditors: amounts falling due within one year
(13,074)
(8,841)
Net current (liabilities)/assets
(1,069)
155 
Net assets
197 
155 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
97 
55 
Shareholders' funds
197 
155 
For the year ending 31 December 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 5 September 2024 and were signed on its behalf by
Mohamed Ikram Mohamed Ilyas Director Company Registration No. 11095272
- 4 -
Flair Tech Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Flair Tech Ltd is a private company, limited by shares, registered in England and Wales, registration number 11095272. The registered office is Phoenix Business Centre, Office 10, Rosslyn Crescent, Harrow, Middlesex, HA1 2SP , 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:
Computer equipment
33% at cost
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
1,327 
Additions
1,899 
At 31 December 2023
3,226 
Depreciation
At 1 January 2023
1,327 
Charge for the year
633 
At 31 December 2023
1,960 
Net book value
At 31 December 2023
1,266 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
11,400 
7,400 
- 5 -
Flair Tech Ltd Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
12,859 
8,744 
Other creditors
37 
50 
Loans from directors
178 
47 
13,074 
8,841 
7
Average number of employees
During the year the average number of employees was 2 (2022: 3).
- 6 -