Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 06330740 Mr Anthony Flint Mrs Nina Flint Mr Roger Flint Mrs Nina Flint iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06330740 2023-03-31 06330740 2024-03-31 06330740 2023-04-01 2024-03-31 06330740 frs-core:CurrentFinancialInstruments 2024-03-31 06330740 frs-core:ComputerEquipment 2024-03-31 06330740 frs-core:ComputerEquipment 2023-04-01 2024-03-31 06330740 frs-core:ComputerEquipment 2023-03-31 06330740 frs-core:FurnitureFittings 2024-03-31 06330740 frs-core:FurnitureFittings 2023-04-01 2024-03-31 06330740 frs-core:FurnitureFittings 2023-03-31 06330740 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 06330740 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06330740 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 06330740 frs-core:PlantMachinery 2024-03-31 06330740 frs-core:PlantMachinery 2023-04-01 2024-03-31 06330740 frs-core:PlantMachinery 2023-03-31 06330740 frs-core:ShareCapital 2024-03-31 06330740 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06330740 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06330740 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06330740 frs-bus:SmallEntities 2023-04-01 2024-03-31 06330740 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06330740 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06330740 frs-bus:Director1 2023-04-01 2024-03-31 06330740 frs-bus:Director2 2023-04-01 2024-03-31 06330740 frs-bus:Director3 2023-04-01 2024-03-31 06330740 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06330740 frs-countries:EnglandWales 2023-04-01 2024-03-31 06330740 2022-03-31 06330740 2023-03-31 06330740 2022-04-01 2023-03-31 06330740 frs-core:CurrentFinancialInstruments 2023-03-31 06330740 frs-core:ShareCapital 2023-03-31 06330740 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06330740
Flint Enterprises Limited
Financial Statements
For The Year Ended 31 March 2024
Greystone Advisory Limited
1 St James Court
Friar Gate
Derby
DE1 1BT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06330740
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 196,974 198,118
196,974 198,118
CURRENT ASSETS
Debtors 5 4,800 38
Cash at bank and in hand 155,041 69,386
159,841 69,424
Creditors: Amounts Falling Due Within One Year 6 (160,144 ) (146,826 )
NET CURRENT ASSETS (LIABILITIES) (303 ) (77,402 )
TOTAL ASSETS LESS CURRENT LIABILITIES 196,671 120,716
NET ASSETS 196,671 120,716
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 196,669 120,714
SHAREHOLDERS' FUNDS 196,671 120,716
Page 1
Page 2
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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Anthony Flint
Director
5th November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Flint Enterprises Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06330740 . The registered office is 241 Alfreton Road, Little Eaton, Derby, Derbyshire, DE21 5AD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold .
Plant & Machinery 25% Reducing balance method
Fixtures & Fittings 25% Reducing balance method
Computer Equipment 25% Reducing balance method
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 195,850 1,290 4,401 3,725 205,266
Additions - - - 287 287
As at 31 March 2024 195,850 1,290 4,401 4,012 205,553
Depreciation
As at 1 April 2023 - 1,289 4,400 1,459 7,148
Provided during the period - - - 1,431 1,431
As at 31 March 2024 - 1,289 4,400 2,890 8,579
Net Book Value
As at 31 March 2024 195,850 1 1 1,122 196,974
As at 1 April 2023 195,850 1 1 2,266 198,118
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,800 -
VAT - 38
4,800 38
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 40,880 9,023
Other taxes and social security - 19
VAT 11,018 -
Other creditors 38,750 73,750
Directors' loan accounts 69,496 64,034
160,144 146,826
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4