Firlex 1702 Limited 04513839 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is On 30 June 2011, the entire issued share capital of the company was acquired by Blackwater valley Veterinary Centres Limited and on 30 August 2011 the company changed its name to Firlex 1702 Limited (previously itself called Blackwater Valley Veterinary Centres Limited). Immediately following the acquisition, the trade and net assets of the company were transferred (hived up) to Blackwater Valley Veterinary Centres Limited, with the consideration for the transfer taking the form of an intercompany loan account. Since that date, the company has been dormant. Digita Accounts Production Advanced 6.30.9574.0 true 04513839 2023-07-01 2024-06-30 04513839 2024-06-30 04513839 core:CurrentFinancialInstruments 2024-06-30 04513839 bus:SmallEntities 2023-07-01 2024-06-30 04513839 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 04513839 bus:FullAccounts 2023-07-01 2024-06-30 04513839 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04513839 bus:RegisteredOffice 2023-07-01 2024-06-30 04513839 bus:Director1 2023-07-01 2024-06-30 04513839 bus:Director2 2023-07-01 2024-06-30 04513839 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04513839 countries:EnglandWales 2023-07-01 2024-06-30 04513839 2022-07-01 2023-06-30 04513839 2023-06-30 04513839 core:CurrentFinancialInstruments 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 04513839

Prepared for the registrar

Firlex 1702 Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2024

 

Firlex 1702 Limited

(Registration number: 04513839)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

112,580

112,580

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

112,480

112,480

Shareholders' funds

 

112,580

112,580

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 7 October 2024 and signed on its behalf by:
 


Mr D Vuckovic
Director


Mr M Vuckovic
Director

 

Firlex 1702 Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

 

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
230 Frimley Green Road
Frimley Green
Hampshire
GU16 6LL

 

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Judgements

No significant judgements have been made by management in preparing these financial statements.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. All trade debtors are repayable within one year and hence are included at the undiscounted cost of cash expected to be received. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the debtors.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Firlex 1702 Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Financial instruments


Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

 Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

 
 

 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

 

4

Debtors

2024
 £

2023
 £

Other debtors

112,580

112,580

 

112,580

112,580

 

5

Parent and ultimate parent undertaking

The company is controlled by the parent company, Blackwater Valley Veterinary Centres Limited, which owns 100% of the called up shared capital.