REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28TH SEPTEMBER 2024 |
FOR |
FLECKSUN LIMITED |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors and authorised for issue on |
FLECKSUN LIMITED (REGISTERED NUMBER: 02336329) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28TH SEPTEMBER 2024 |
1. | STATUTORY INFORMATION |
Flecksun Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
NET BOOK VALUE |
At 28th September 2024 |
At 28th September 2023 |
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 |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Tax |
Other creditors and accruals |
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. |