1 April 2023 false No description of principal activity Taxfiler 2024.6 10654371business:PrivateLimitedCompanyLtd2023-04-012024-03-31 106543712023-03-31 106543712023-04-012024-03-31 10654371business:AuditExemptWithAccountantsReport2023-04-012024-03-31 10654371business:FilletedAccounts2023-04-012024-03-31 106543712024-03-31 10654371business:Director12023-04-012024-03-31 10654371business:RegisteredOffice2023-04-012024-03-31 106543712023-03-31 10654371core:WithinOneYear2024-03-31 10654371core:WithinOneYear2023-03-31 10654371core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 10654371core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 10654371core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 10654371core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10654371core:PreviouslyStatedAmount2024-03-31 10654371core:PreviouslyStatedAmount2023-03-31 10654371business:SmallEntities2023-04-012024-03-31 10654371countries:EnglandWales2023-04-012024-03-31 10654371core:LandBuildings2023-04-012024-03-31 10654371core:FurnitureFittings2023-04-012024-03-31 10654371core:ComputerEquipment2023-04-012024-03-31 10654371core:LandBuildings2023-03-31 10654371core:FurnitureFittings2023-03-31 10654371core:ComputerEquipment2023-03-31 10654371core:LandBuildings2024-03-31 10654371core:FurnitureFittings2024-03-31 10654371core:ComputerEquipment2024-03-31 106543712022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10654371 (England and Wales)
Flique 1 Ltd Unaudited accounts for the year ended 31 March 2024
Flique 1 Ltd Unaudited accounts Contents
Page
- 2 -
Flique 1 Ltd Company Information for the year ended 31 March 2024
Director
Leah Susan Julie Price
Company Number
10654371 (England and Wales)
Registered Office
3 Sandy Field Way Botley Southampton SO32 2GA England
Accountants
365 Accounts Ltd 44 Brookwood Road Southampton Hampshire SO16 9AJ
- 3 -
Flique 1 Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
50,942 
61,241 
Current assets
Inventories
2,920 
8,025 
Debtors
32,854 
33,755 
Cash at bank and in hand
5,107 
9,365 
40,881 
51,145 
Creditors: amounts falling due within one year
(91,314)
(120,663)
Net current liabilities
(50,433)
(69,518)
Net assets/(liabilities)
509 
(8,277)
Capital and reserves
Called up share capital
500 
500 
Profit and loss account
9 
(8,777)
Shareholders' funds
509 
(8,277)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 20 November 2024 and were signed on its behalf by
Leah Susan Julie Price Director Company Registration No. 10654371
- 4 -
Flique 1 Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Flique 1 Ltd is a private company, limited by shares, registered in England and Wales, registration number 10654371. The registered office is 3 Sandy Field Way, Botley, Southampton, SO32 2GA, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
10% Straight line method
Fixtures & fittings
15% Reducing balance method
Computer equipment
33.33% Reducing balance method
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
90,000 
9,076 
1,995 
101,071 
At 31 March 2024
90,000 
9,076 
1,995 
101,071 
Depreciation
At 1 April 2023
36,000 
2,441 
1,389 
39,830 
Charge for the year
9,000 
996 
303 
10,299 
At 31 March 2024
45,000 
3,437 
1,692 
50,129 
Net book value
At 31 March 2024
45,000 
5,639 
303 
50,942 
At 31 March 2023
54,000 
6,635 
606 
61,241 
- 5 -
Flique 1 Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
32,854 
33,755 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
44,847 
62,421 
VAT
28,706 
43,531 
Taxes and social security
14,686 
14,711 
Other creditors
3,075 
- 
91,314 
120,663 
7
Average number of employees
During the year the average number of employees was 8 (2023: 5).
- 6 -