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REGISTERED NUMBER: 02336329 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH SEPTEMBER 2024

FOR

FLECKSUN LIMITED

FLECKSUN LIMITED (REGISTERED NUMBER: 02336329)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FLECKSUN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH SEPTEMBER 2024







DIRECTORS: R B Irani
G J Gros
Mrs L Spencer
D R Smithson
J W Davies





REGISTERED OFFICE: 83 Cambridge Street
Pimlico
London
SW1V 4PS





REGISTERED NUMBER: 02336329 (England and Wales)





ACCOUNTANTS: George Hay & Company
Chartered Accountants
83 Cambridge Street
London
SW1V 4PS

FLECKSUN LIMITED (REGISTERED NUMBER: 02336329)

BALANCE SHEET
28TH SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,822 8,822

CURRENT ASSETS
Debtors 5 245,741 160,946

CREDITORS
Amounts falling due within one year 6 14,570 1,000
NET CURRENT ASSETS 231,171 159,946
TOTAL ASSETS LESS CURRENT
LIABILITIES

239,993

168,768

CAPITAL AND RESERVES
Called up share capital 2 2
Share premium 9,998 9,998
Retained earnings 229,993 158,768
SHAREHOLDERS' FUNDS 239,993 168,768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7th March 2025 and were signed on its behalf by:





G J Gros - Director


FLECKSUN LIMITED (REGISTERED NUMBER: 02336329)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH SEPTEMBER 2024

1. STATUTORY INFORMATION

Flecksun Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover represents lease extension fees and ground rents receivable from the lessees of Delaware Mansions.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Freehold property
No depreciation has been provided on the freehold property as it is the policy of the company to maintain the property in such a condition by means of repairs and renovation that no diminution in value occurs. In addition to this, in the opinion of the directors the market value far exceeds the cost as shown in note 4.

3. EMPLOYEES AND DIRECTORS

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

FLECKSUN LIMITED (REGISTERED NUMBER: 02336329)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 29th September 2023
and 28th September 2024 8,822
NET BOOK VALUE
At 28th September 2024 8,822
At 28th September 2023 8,822

Freehold Property - Delaware Mansions, Delaware Road, London, W9. This includes flat 2, which is used by the caretaker.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amount due from parent company 245,741 151,751
Prepayments - 9,195
245,741 160,946

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 13,570 -
Other creditors and accruals 1,000 1,000
14,570 1,000

7. PARENT COMPANY AND RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary undertaking of Delaware Mansions Limited, a company incorporated in England. This is a management company, run on behalf of the lessees of Delaware Mansions, Delaware Road, London, W9.

At 28th September 2024 £245,741 (2023: £151,751) was due from the Parent Company.