1 June 2023 v2025.4.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP141226692023-06-012024-05-31141226692024-05-31141226692023-05-3114122669core:WithinOneYear2024-05-3114122669core:WithinOneYear2023-05-3114122669core:ShareCapital2024-05-3114122669core:ShareCapital2023-05-3114122669core:RetainedEarningsAccumulatedLosses2023-05-3114122669bus:Director12023-06-012024-05-3114122669bus:RegisteredOffice2023-06-012024-05-3114122669core:MotorVehicles2023-06-012024-05-3114122669core:PlantMachinery2023-06-012024-05-3114122669core:PlantMachinery2024-05-311412266912023-06-012024-05-31141226692022-05-222023-05-3114122669countries:EnglandWales2023-06-012024-05-3114122669bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3114122669bus:PrivateLimitedCompanyLtd2023-06-012024-05-3114122669bus:SmallEntities2023-06-012024-05-3114122669bus:FullAccounts2023-06-012024-05-31
Company registration number:
14122669
Flexible Fix Ltd
Unaudited Filleted Financial Statements for the year ended
31 May 2024
Flexible Fix Ltd
Statement of Financial Position
31 May 2024
20242023
Note££
Fixed assets    
Tangible assets 5
7,108
  -  
Current assets    
Debtors 6
1,079
 
30,000
 
Cash at bank and in hand
30,302
 
24,304
 
31,381
 
54,304
 
Creditors: amounts falling due within one year 7
(8,489
)
(6,924
)
Net current assets
22,892
 
47,380
 
Total assets less current liabilities 30,000   47,380  
Capital and reserves    
Called up share capital
30,000
 
30,000
 
Profit and loss account -  
17,380
 
Shareholders funds
30,000
 
47,380
 
For the year ending
31 May 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
17 January 2025
, and are signed on behalf of the board by:
Mr A Ahmed
Director
Company registration number:
14122669
Flexible Fix Ltd
Notes to the Financial Statements
Year ended
31 May 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
13 Tiller House
,
Lockwood Road
,
Southall
,
UB2 4AG
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Motor vehicles
20% Reducing Balance

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023: nil).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 June 2023
-  
Additions
8,885
 
At
31 May 2024
8,885
 
Depreciation  
At
1 June 2023
-  
Charge
1,777
 
At
31 May 2024
1,777
 
Carrying amount  
At
31 May 2024
7,108
 
At 31 May 2023 -  

6 Debtors

20242023
££
Other debtors
1,079
 
30,000
 

7 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
7,529
 
6,432
 
Other creditors
960
 
492
 
8,489
 
6,924
 

8 Director's advances, credit and guarantees

During the year, the Director took an unsecured loan to the value of £1079 from the company, this is repayable in full and on demand