BrightAccountsProduction v1.0.0 v1.0.0 2024-02-01 The company was not dormant during the period The company was trading for the entire period The principal activity of the company is that of a dormant company. 6 February 2025 1 1 NI693741 2025-01-31 NI693741 2024-01-31 NI693741 2023-01-31 NI693741 2024-02-01 2025-01-31 NI693741 2023-02-01 2024-01-31 NI693741 uk-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 NI693741 uk-curr:PoundSterling 2024-02-01 2025-01-31 NI693741 uk-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 NI693741 uk-bus:FullAccounts 2024-02-01 2025-01-31 NI693741 uk-bus:Director1 2024-02-01 2025-01-31 NI693741 uk-bus:RegisteredOffice 2024-02-01 2025-01-31 NI693741 uk-bus:Agent1 2024-02-01 2025-01-31 NI693741 uk-bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 NI693741 uk-core:ShareCapital 2025-01-31 NI693741 uk-core:ShareCapital 2024-01-31 NI693741 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-01-31 NI693741 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-01-31 NI693741 uk-bus:FRS102 2024-02-01 2025-01-31 NI693741 2024-02-01 2025-01-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI693741
 
 
Flagship Leisure Ltd
 
Unaudited Financial Statements
 
for the financial year ended 31 January 2025



Flagship Leisure Ltd
DIRECTOR AND OTHER INFORMATION

 
Director Richard McLarnon
 
 
Company Registration Number NI693741
 
 
Registered Office and Business Address 19 Arthur Street
Brookland Property
Belfast
Antrim
BT1 4GA
Northern Ireland
 
 
Accountants Quarter
Chartered Accountants
St.Annes House
Cathedral Quarter
15 Church Street
Belfast
Antrim
BT1 1PG



Flagship Leisure Ltd

CHARTERED ACCOUNTANTS REPORT
to the Director on the Compilation of the unaudited financial statements of Flagship Leisure Ltd
for the financial year ended 31 January 2025
 
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 31 January 2025 as set out on pages  to 7 which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
 
This report is made solely to the director of Flagship Leisure Ltd, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.
 
We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.
 
You have acknowledged on the Statement of Financial Position for the year ended 31 January 2025 your duty to ensure that Flagship Leisure Ltd  has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Flagship Leisure Ltd . You consider that Flagship Leisure Ltd  is exempt from the statutory audit requirement for the financial year.
 
We have not been instructed to carry out an audit or a review of the financial statements of Flagship Leisure Ltd . For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
 
 
 
__________________________________
QUARTER
Chartered Accountants
St.Annes House
Cathedral Quarter
15 Church Street
Belfast
Antrim
BT1 1PG
 
6 February 2025



Flagship Leisure Ltd
Company Registration Number: NI693741
STATEMENT OF FINANCIAL POSITION
as at 31 January 2025

2025 2024
Notes £ £
 
Current Assets
Cash and cash equivalents 100 100
───────── ─────────
Net Current Assets 100 100
───────── ─────────
Total Assets less Current Liabilities 100 100
═════════ ═════════
 
Capital and Reserves
Called up share capital 100 100
───────── ─────────
Equity attributable to owners of the company 100 100
═════════ ═════════
 
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.
           
For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 6 February 2025
           
           
________________________________          
Richard McLarnon          
Director          
           



Flagship Leisure Ltd
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 January 2025

   
1. General Information
 
Flagship Leisure Ltd  is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI693741. The registered office of the company is 19 Arthur Street, Brookland Property, Belfast, Antrim, BT1 4GA, Northern Ireland which is also the principal place of business of the company. The principal activity of the company is that of a dormant company. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 January 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Foreign currencies
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Period of financial statements
 
The comparative figures relate to the 12 month period ended 31 January 2024.
       
4. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).
 
  2025 2024
  Number Number
 
Director 1 1
  ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 January 2025.
   
6. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.