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REGISTERED NUMBER: SC385700 (Scotland)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Fluid Environmental Consulting Ltd

Fluid Environmental Consulting Ltd (Registered number: SC385700)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Fluid Environmental Consulting Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: D K Saunders





REGISTERED OFFICE: 108/15 Great Junction Street
Edinburgh
EH6 5LD





REGISTERED NUMBER: SC385700 (Scotland)





ACCOUNTANTS: Cowan & Partners Limited
60 Constitution Street
Edinburgh
EH6 6RR

Fluid Environmental Consulting Ltd (Registered number: SC385700)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,825 15,436

CURRENT ASSETS
Stocks 5,000 15,000
Debtors 5 283,753 241,397
Cash at bank 691,609 339,047
980,362 595,444
CREDITORS
Amounts falling due within one year 6 195,237 140,274
NET CURRENT ASSETS 785,125 455,170
TOTAL ASSETS LESS CURRENT
LIABILITIES

822,950

470,606

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 822,949 470,605
SHAREHOLDERS' FUNDS 822,950 470,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2024 and were signed by:



D K Saunders - Director


Fluid Environmental Consulting Ltd (Registered number: SC385700)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Fluid Environmental Consulting Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts were transitioned from FRS 105 to FRS 102 1A from 1 Nov 2023. The comparative year has been restated accordingly and no amendment is required to accounting policies as a result of this transition.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

At the balance sheet date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Where the substance of a contract is that the contractual obligations are performed gradually over time, revenue is recognised as contract activity progresses to reflect the partial performance of the contractual obligations. The amount of revenue included reflects the accrual of the right to consideration as contract activity progresses by reference to value of the work performed.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Fluid Environmental Consulting Ltd (Registered number: SC385700)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any losses arising from impairment are recognised in the profit and loss account in other
administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023 21,258 12,745 8,187 42,190
Additions 6,177 28,376 1,308 35,861
At 31 October 2024 27,435 41,121 9,495 78,051
DEPRECIATION
At 1 November 2023 12,084 7,200 7,470 26,754
Charge for year 3,838 8,480 1,154 13,472
At 31 October 2024 15,922 15,680 8,624 40,226
NET BOOK VALUE
At 31 October 2024 11,513 25,441 871 37,825
At 31 October 2023 9,174 5,545 717 15,436

No indicators of impairment were noted in the year.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 283,753 239,671
Other debtors - 1,726
283,753 241,397

Fluid Environmental Consulting Ltd (Registered number: SC385700)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Taxation and social security 186,822 135,072
Other creditors 8,415 5,202
195,237 140,274