IRIS Accounts Production v24.3.2.46 14928651 director 12.6.23 30.6.24 30.6.24 0 false true false false true false ORDINARY 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh149286512023-06-11149286512024-06-30149286512023-06-122024-06-30149286512023-06-1114928651ns15:EnglandWales2023-06-122024-06-3014928651ns14:PoundSterling2023-06-122024-06-3014928651ns10:Director12023-06-122024-06-3014928651ns10:PrivateLimitedCompanyLtd2023-06-122024-06-3014928651ns10:SmallEntities2023-06-122024-06-3014928651ns10:AuditExemptWithAccountantsReport2023-06-122024-06-3014928651ns10:SmallCompaniesRegimeForDirectorsReport2023-06-122024-06-3014928651ns10:SmallCompaniesRegimeForAccounts2023-06-122024-06-3014928651ns10:FullAccounts2023-06-122024-06-3014928651ns10:OrdinaryShareClass12023-06-122024-06-3014928651ns10:RegisteredOffice2023-06-122024-06-3014928651ns5:CurrentFinancialInstruments2024-06-3014928651ns5:ShareCapital2024-06-3014928651ns5:RetainedEarningsAccumulatedLosses2024-06-3014928651ns10:OrdinaryShareClass12024-06-30
REGISTERED NUMBER: 14928651 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 12 JUNE 2023 TO 30 JUNE 2024

FOR

FLOW CONTROL SERVICES LTD

FLOW CONTROL SERVICES LTD (REGISTERED NUMBER: 14928651)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 12 JUNE 2023 TO 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

FLOW CONTROL SERVICES LTD

COMPANY INFORMATION
FOR THE PERIOD 12 JUNE 2023 TO 30 JUNE 2024







DIRECTOR: Mr M J O'Connor





REGISTERED OFFICE: 77 Wiltshire Lane
Eastcote
Pinner
Middlesex
HA5 2LY





REGISTERED NUMBER: 14928651 (England and Wales)





ACCOUNTANTS: Chris Skarparis & Co Ltd
Chartered Accountants
2nd Floor
10(b) Aldermans Hill
Palmers Green
London
N13 4PJ

FLOW CONTROL SERVICES LTD (REGISTERED NUMBER: 14928651)

BALANCE SHEET
30 JUNE 2024

Notes £   
CURRENT ASSETS
Cash at bank 3,404

CREDITORS
Amounts falling due within one year 4 3,018
NET CURRENT ASSETS 386
TOTAL ASSETS LESS CURRENT
LIABILITIES

386

CAPITAL AND RESERVES
Called up share capital 5 100
Retained earnings 286
SHAREHOLDERS' FUNDS 386

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 February 2025 and were signed by:





Mr M J O'Connor - Director


FLOW CONTROL SERVICES LTD (REGISTERED NUMBER: 14928651)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 12 JUNE 2023 TO 30 JUNE 2024

1. STATUTORY INFORMATION

Flow Control Services Ltd is a private company,limited by shares, registered in England and Wales.The company 's registered number is 14928651 and registered office address is 77 Wiltshire Lane, Eastcote, Pinner, Middlesex, HA5 2LY.

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

Taxation
Taxation for the period 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

The UK corporation tax rate was 19% up until 31 March 2023. From 1 April 2023, this rate increased to 25%, resulting in an overall corporation tax rate for 2024 of 25%. Deferred tax has been recognised, where applicable, at 25% on the basis that majority of these timing differences are expected to reverse at that rate. Future enacted changes to UK corporation tax rates would change the value of any deferred tax balances recognised.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 1
Tax 67
Directors' current accounts 2,230
Accrued expenses 720
3,018

FLOW CONTROL SERVICES LTD (REGISTERED NUMBER: 14928651)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 12 JUNE 2023 TO 30 JUNE 2024

5. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal
value: £   
100 Share capital 1 £1 100

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
FLOW CONTROL SERVICES LTD

The following reproduces the text of the report prepared for the director 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Flow Control Services Ltd for the period ended 30 June 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Flow Control Services Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Flow Control Services Ltd and state those matters that we have agreed to state to the director of Flow Control Services Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Flow Control Services Ltd and its director for our work or for this report.

It is your duty to ensure that Flow Control Services 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 Flow Control Services Ltd. You consider that Flow Control Services Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Flow Control Services Ltd. For this reason, we have not verified the 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.






Chris Skarparis & Co Ltd
Chartered Accountants
2nd Floor
10(b) Aldermans Hill
Palmers Green
London
N13 4PJ


26 February 2025