Flex Aviation Limited |
Notes to the Accounts |
for the year ended 31 January 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. The company has not traded and has remained dormant throughout the current or previous period. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Plant and machinery |
over 5 years |
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2 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
1 |
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1 |
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3 |
Tangible fixed assets |
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Plant and machinery etc |
£ |
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Cost |
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At 1 February 2023 |
2,660 |
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At 31 January 2024 |
2,660 |
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Depreciation |
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At 1 February 2023 |
1,298 |
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At 31 January 2024 |
1,298 |
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Net book value |
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At 31 January 2024 |
1,362 |
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At 31 January 2023 |
1,362 |
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4 |
Debtors |
2024 |
|
2023 |
£ |
£ |
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Deferred tax asset |
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|
104 |
|
104 |
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5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
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Director's account |
24,372 |
|
24,372 |
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Other creditors |
263 |
|
263 |
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24,635 |
|
24,635 |
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6 |
Other information |
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Flex Aviation Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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3 Holmer Terrace |
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Holmer |
|
Hereford |
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HR4 9RH |