FLYFUND LTD

Company Registration Number:
13870152 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

FLYFUND LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes

FLYFUND LTD

Balance sheet

As at 31 December 2023

Notes 2023 11 months to 31 December 2022


£

£
Fixed assets
Intangible assets: 3 82,239 58,530
Total fixed assets: 82,239 58,530
Current assets
Debtors: 4 102,808 56,462
Cash at bank and in hand: 10,778
Total current assets: 102,808 67,240
Creditors: amounts falling due within one year: 5 ( 18,856 ) ( 16,556 )
Net current assets (liabilities): 83,952 50,684
Total assets less current liabilities: 166,191 109,214
Total net assets (liabilities): 166,191 109,214
Capital and reserves
Called up share capital: 1,000 1,000
Other reserves: 286,922 165,933
Profit and loss account: (121,731 ) (57,719 )
Total Shareholders' funds: 166,191 109,214

The notes form part of these financial statements

FLYFUND LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 19 February 2025
and signed on behalf of the board by:

Name: Z Atamuloev
Status: Director

The notes form part of these financial statements

FLYFUND LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Intangible fixed assets amortisation policy

    Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Amortisation is provided on the following basis Software 3 years straight line

    Other accounting policies

    The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies.

FLYFUND LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 11 months to 31 December 2022
    Average number of employees during the period 1 1

FLYFUND LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2023 68,837 68,837
Additions 60,777 60,777
Disposals
Revaluations
Transfers
At 31 December 2023 129,614 129,614
Amortisation
At 1 January 2023 10,307 10,307
Charge for year 37,068 37,068
On disposals
Other adjustments
At 31 December 2023 47,375 47,375
Net book value
At 31 December 2023 82,239 82,239
At 31 December 2022 58,530 58,530

FLYFUND LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 11 months to 31 December 2022
£ £
Other debtors 102,808 56,462
Total 102,808 56,462

FLYFUND LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 11 months to 31 December 2022
£ £
Accruals and deferred income 18,856 16,556
Total 18,856 16,556