Company Registration No. 05536209 (England and Wales)
Flowflows Ltd
Unaudited accounts
for the year ended 31 August 2024
Flowflows Ltd
Unaudited accounts
Contents
Flowflows Ltd
Company Information
for the year ended 31 August 2024
Company Number
05536209 (England and Wales)
Registered Office
86-90 Paul Street
London
EC2A 4NE
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3, The Hop Exchange
24 Southwark Street
London
SE1 1TY
Flowflows Ltd
Accountants' report
Accountants' report to the director of Flowflows Ltd on the preparation of the unaudited statutory accounts for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Flowflows Ltd for the year ended
31 August 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Flowflows Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Flowflows Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Flowflows Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Flowflows Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Flowflows Ltd. You consider that Flowflows Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Flowflows 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 accounts.
Accounts and Legal Consultants Ltd
Suite 1-3, The Hop Exchange
24 Southwark Street
London
SE1 1TY
7 February 2025
Flowflows Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
15,760
987
Cash at bank and in hand
5,632
4,400
Creditors: amounts falling due within one year
(11,503)
(6,482)
Net current liabilities
(1,995)
(352)
Total assets less current liabilities
13,765
635
Creditors: amounts falling due after more than one year
(12,303)
-
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
1,175
348
Shareholders' funds
1,275
448
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 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 7 February 2024 and were signed on its behalf by
J Cunningham
Director
Company Registration No. 05536209
Flowflows Ltd
Notes to the Accounts
for the year ended 31 August 2024
Flowflows Ltd is a private company, limited by shares, registered in England and Wales, registration number 05536209. The registered office is 86-90 Paul Street, London, EC2A 4NE.
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
25% Straight Line
Motor vehicles
10% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
10,688
-
12,859
23,547
Additions
-
13,593
2,209
15,802
At 31 August 2024
10,688
13,593
15,068
39,349
At 1 September 2023
10,687
-
11,873
22,560
Charge for the year
1
340
688
1,029
At 31 August 2024
10,688
340
12,561
23,589
At 31 August 2024
-
13,253
2,507
15,760
At 31 August 2023
1
-
986
987
Flowflows Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Accrued income and prepayments
-
1,730
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,420
-
Trade creditors
1,676
7,232
Taxes and social security
5,677
-
Loans from directors
-
(2,910)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
12,303
-
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).