Company Registration No. 1130185 (England and Wales)
Flame Pipefitting Installation Company Limited
Unaudited accounts
for the year ended 31 August 2024
Flame Pipefitting Installation Company Limited
Unaudited accounts
Contents
Flame Pipefitting Installation Company Limited
Company Information
for the year ended 31 August 2024
Company Number
1130185 (England and Wales)
Registered Office
25 Metro Centre
Britannia Way
London
NW10 7PA
England and Wales
Accountants
Schiavi Pole Brett Ltd
15A Walm Lane
London
NW2 5SJ
Flame Pipefitting Installation Company Limited
Statement of financial position
as at 31 August 2024
Tangible assets
111,781
138,717
Cash at bank and in hand
150,611
102,648
Creditors: amounts falling due within one year
(130,235)
(85,335)
Net current assets
134,602
77,365
Total assets less current liabilities
246,383
216,082
Creditors: amounts falling due after more than one year
(78,459)
(106,537)
Provisions for liabilities
Deferred tax
(25,955)
(25,955)
Share premium
20,200
20,200
Profit and loss account
121,769
63,390
Shareholders' funds
141,969
83,590
For the year ending 31 August 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 her 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 14 February 2025 and were signed on its behalf by
J G Deloughery
Director
Company Registration No. 1130185
Flame Pipefitting Installation Company Limited
Notes to the Accounts
for the year ended 31 August 2024
Flame Pipefitting Installation Company Limited is a private company, limited by shares, registered in England and Wales, registration number 1130185. The registered office is 25 Metro Centre, Britannia Way, London, NW10 7PA, England and Wales.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% on residual value
Fixtures & fittings
15% reducing balance
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
31,146
137,538
37,151
205,835
Additions
1,395
792
-
2,187
Disposals
(16,997)
-
(3,991)
(20,988)
At 31 August 2024
15,544
138,330
33,160
187,034
At 1 September 2023
25,701
11,830
29,587
67,118
Charge for the year
850
26,628
1,119
28,597
On disposals
(16,936)
-
(3,526)
(20,462)
At 31 August 2024
9,615
38,458
27,180
75,253
At 31 August 2024
5,929
99,872
5,980
111,781
At 31 August 2023
5,445
125,708
7,564
138,717
Flame Pipefitting Installation Company Limited
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
95,326
38,763
Accrued income and prepayments
14,722
14,936
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,700
10,800
Obligations under finance leases and hire purchase contracts
19,018
19,018
Trade creditors
43,574
33,541
Taxes and social security
23,564
12,652
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Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
66,611
84,837
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).