1 June 2023 false No description of principal activity Taxfiler 2024.6 SC506806business:PrivateLimitedCompanyLtd2023-06-012024-05-31 SC5068062023-05-31 SC5068062023-06-012024-05-31 SC506806business:AuditExemptWithAccountantsReport2023-06-012024-05-31 SC506806business:FilletedAccounts2023-06-012024-05-31 SC5068062024-05-31 SC506806business:Director12023-06-012024-05-31 SC506806business:RegisteredOffice2023-06-012024-05-31 SC5068062023-05-31 SC506806core:WithinOneYear2024-05-31 SC506806core:WithinOneYear2023-05-31 SC506806core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 SC506806core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 SC506806core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 SC506806core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 SC506806core:PreviouslyStatedAmount2024-05-31 SC506806core:PreviouslyStatedAmount2023-05-31 SC506806business:SmallEntities2023-06-012024-05-31 SC506806countries:Scotland2023-06-012024-05-31 SC506806core:PlantMachinery2023-06-012024-05-31 SC506806core:MotorVehicles2023-06-012024-05-31 SC506806core:PlantMachinery2023-05-31 SC506806core:MotorVehicles2023-05-31 SC506806core:PlantMachinery2024-05-31 SC506806core:MotorVehicles2024-05-31 SC506806business:OrdinaryShareClass12023-06-012024-05-31 SC506806business:OrdinaryShareClass12022-06-012023-05-31 SC5068062022-06-012023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Flemweld Ltd Unaudited accounts Contents
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Flemweld Ltd Company Information for the year ended 31 May 2024
Director
Steven Fleming
Company Number
SC506806 (Scotland)
Registered Office
31 MAIN STREET DALMELLINGTON KA6 7QL SCOTLAND
Accountants
W Wilson Millar Ltd 32 Moorfield Road Prestwick KA9 2HW
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Flemweld Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,593 
31,991 
Current assets
Inventories
1,500 
1,500 
Debtors
10,550 
24,656 
Cash at bank and in hand
78,144 
57,042 
90,194 
83,198 
Creditors: amounts falling due within one year
(90,191)
(96,423)
Net current assets/(liabilities)
3 
(13,225)
Net assets
25,596 
18,766 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
25,496 
18,666 
Shareholders' funds
25,596 
18,766 
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 January 2024 and were signed on its behalf by
Steven Fleming Director Company Registration No. SC506806
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Flemweld Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Flemweld Ltd is a private company, limited by shares, registered in Scotland, registration number SC506806. The registered office is 31 MAIN STREET, DALMELLINGTON, KA6 7QL, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
28,217 
37,172 
65,389 
At 31 May 2024
28,217 
37,172 
65,389 
Depreciation
At 1 June 2023
16,490 
16,908 
33,398 
Charge for the year
2,345 
4,053 
6,398 
At 31 May 2024
18,835 
20,961 
39,796 
Net book value
At 31 May 2024
9,382 
16,211 
25,593 
At 31 May 2023
11,727 
20,264 
31,991 
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Flemweld Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,550 
18,855 
Other debtors
- 
5,801 
10,550 
24,656 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
29,167 
39,167 
Trade creditors
5,714 
5,932 
Taxes and social security
14,997 
5,732 
Other creditors
9,333 
- 
Loans from directors
30,980 
45,592 
90,191 
96,423 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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