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REGISTERED NUMBER: 00880563 (England and Wales)















FLORELLE INTERNATIONAL LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024






FLORELLE INTERNATIONAL LTD (REGISTERED NUMBER: 00880563)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

FLORELLE INTERNATIONAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mrs N J Clement
J L Clement





SECRETARY: R Sykes





REGISTERED OFFICE: Albany Works Albany Road
Kirkheaton
Huddersfield West Yorkshi
HD5 9UL





REGISTERED NUMBER: 00880563 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

FLORELLE INTERNATIONAL LTD (REGISTERED NUMBER: 00880563)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 36,109 35,929
Investments 5 - 2,363
36,109 38,292

CURRENT ASSETS
Inventories 1,195,110 912,350
Debtors 6 322,030 347,459
1,517,140 1,259,809
CREDITORS
Amounts falling due within one year 7 1,301,887 777,686
NET CURRENT ASSETS 215,253 482,123
TOTAL ASSETS LESS CURRENT
LIABILITIES

251,362

520,415

CAPITAL AND RESERVES
Called up share capital 9 3,750 3,750
Revaluation reserve 10 137,055 137,055
Capital redemption reserve 1,250 1,250
Retained earnings 109,307 378,360
SHAREHOLDERS' FUNDS 251,362 520,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

FLORELLE INTERNATIONAL LTD (REGISTERED NUMBER: 00880563)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 November 2024 and were signed on its behalf by:





J L Clement - Director


FLORELLE INTERNATIONAL LTD (REGISTERED NUMBER: 00880563)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Florelle International Ltd 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and Fittings - 20% on cost
Motor Vehicles - 25% on cost

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

FLORELLE INTERNATIONAL LTD (REGISTERED NUMBER: 00880563)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 14 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor
Fittings Vehicles Totals
£    £    £   
COST
At 1 August 2023 251,659 20,250 271,909
Additions 10,580 - 10,580
Disposals - (20,250 ) (20,250 )
At 31 July 2024 262,239 - 262,239
DEPRECIATION
At 1 August 2023 215,730 20,250 235,980
Charge for year 10,400 - 10,400
Eliminated on disposal - (20,250 ) (20,250 )
At 31 July 2024 226,130 - 226,130
NET BOOK VALUE
At 31 July 2024 36,109 - 36,109
At 31 July 2023 35,929 - 35,929

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 August 2023 2,363
Disposals (2,363 )
At 31 July 2024 -
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 2,363

Cost or valuation at 31 July 2024 is represented by:

Other
investments
£   
Valuation in 2022 (1,241 )
Valuation in 2023 408
(833 )

FLORELLE INTERNATIONAL LTD (REGISTERED NUMBER: 00880563)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 246,640 295,790
Other debtors 75,390 51,669
322,030 347,459

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 671,276 353,515
Trade creditors 98,140 82,698
Taxation and social security 62,380 108,056
Other creditors 470,091 233,417
1,301,887 777,686

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Debenture 699,223 327,367

HSBC Bank Plc hold a fixed and floating charge over the undertakings and all property and assets present and future in respect of bank loan and overdrafts totalling £699,223 (2023: £327,367)

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2,896 Ordinary £1 2,896 2,896
854 Ordinary B shares £1 854 854
3,750 3,750

10. RESERVES
Revaluation
reserve
£   
At 1 August 2023
and 31 July 2024 137,055

11. RELATED PARTY DISCLOSURES

During the year the company was loaned £60,512 (2023:£125,269) from Florelle HK, a company controlled by J Clement & N Clement, shareholders. at the year end £241,012 (2023: £180,500) was outstanding.

FLORELLE INTERNATIONAL LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
FLORELLE INTERNATIONAL LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 July 2024 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


1 November 2024