IRIS Accounts Production v24.3.2.46 10147556 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101475562023-06-30101475562024-06-30101475562023-07-012024-06-30101475562022-06-30101475562022-07-012023-06-30101475562023-06-3010147556ns15:EnglandWales2023-07-012024-06-3010147556ns14:PoundSterling2023-07-012024-06-3010147556ns10:Director12023-07-012024-06-3010147556ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3010147556ns10:SmallEntities2023-07-012024-06-3010147556ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3010147556ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3010147556ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3010147556ns10:FullAccounts2023-07-012024-06-301014755612023-07-012024-06-3010147556ns10:Director22023-07-012024-06-3010147556ns10:Director32023-07-012024-06-3010147556ns10:RegisteredOffice2023-07-012024-06-3010147556ns5:CurrentFinancialInstruments2024-06-3010147556ns5:CurrentFinancialInstruments2023-06-3010147556ns5:ShareCapital2024-06-3010147556ns5:ShareCapital2023-06-3010147556ns5:RetainedEarningsAccumulatedLosses2024-06-3010147556ns5:RetainedEarningsAccumulatedLosses2023-06-3010147556ns5:NetGoodwill2023-07-012024-06-3010147556ns5:NetGoodwill2023-06-3010147556ns5:NetGoodwill2024-06-3010147556ns5:NetGoodwill2023-06-3010147556ns5:PlantMachinery2023-06-3010147556ns5:MotorVehicles2023-06-3010147556ns5:ComputerEquipment2023-06-3010147556ns5:PlantMachinery2023-07-012024-06-3010147556ns5:MotorVehicles2023-07-012024-06-3010147556ns5:ComputerEquipment2023-07-012024-06-3010147556ns5:PlantMachinery2024-06-3010147556ns5:MotorVehicles2024-06-3010147556ns5:ComputerEquipment2024-06-3010147556ns5:PlantMachinery2023-06-3010147556ns5:MotorVehicles2023-06-3010147556ns5:ComputerEquipment2023-06-3010147556ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3010147556ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 10147556 (England and Wales)



















Financial Statements

for the Year Ended 30 June 2024

for

Flowgro Limited

Flowgro Limited (Registered number: 10147556)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Flowgro Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr N Ramsbottom
Mrs P Ramsbottom
Mr D Ramsbottom





REGISTERED OFFICE: The Mills
Canal Street
Derby
Derbyshire
DE1 2RJ





BUSINESS ADDRESS: Barton Turns Farm
Barton Under Needwood
Burton on Trent
DE13 8ED





REGISTERED NUMBER: 10147556 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Flowgro Limited (Registered number: 10147556)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 35,973 43,594
35,973 43,594

CURRENT ASSETS
Stocks 26,340 20,193
Debtors 6 95,453 73,352
Cash at bank and in hand 38,622 15,272
160,415 108,817
CREDITORS
Amounts falling due within one year 7 167,100 124,067
NET CURRENT LIABILITIES (6,685 ) (15,250 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,288

28,344

PROVISIONS FOR LIABILITIES 6,835 8,283
NET ASSETS 22,453 20,061

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 22,351 19,959
SHAREHOLDERS' FUNDS 22,453 20,061

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Flowgro Limited (Registered number: 10147556)

Balance Sheet - continued
30 June 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:





Mr N Ramsbottom - Director


Flowgro Limited (Registered number: 10147556)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Flowgro Limited 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.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax and is recognised in the period that the goods and services were provided.

Goodwill
Goodwill, paid in connection with the acquisition of a business in 2016, has been fully amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter:

Plant and machinery- 20% reducing balance
Motor vehicles- 20% reducing balance
Office equipment- 20% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for slow moving and obsolete items. Cost is determined on a first in first out basis.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Flowgro Limited (Registered number: 10147556)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 10,000
AMORTISATION
At 1 July 2023
and 30 June 2024 10,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 32,925 79,991 11,853 124,769
Additions - - 1,308 1,308
At 30 June 2024 32,925 79,991 13,161 126,077
DEPRECIATION
At 1 July 2023 18,077 56,379 6,719 81,175
Charge for year 2,971 4,721 1,237 8,929
At 30 June 2024 21,048 61,100 7,956 90,104
NET BOOK VALUE
At 30 June 2024 11,877 18,891 5,205 35,973
At 30 June 2023 14,848 23,612 5,134 43,594

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 91,471 64,852
Other debtors - 4,330
Prepayments 3,982 4,170
95,453 73,352

Flowgro Limited (Registered number: 10147556)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 313
Trade creditors 81,205 39,033
Tax 4,584 6,946
Social security and other taxes 3,608 462
Other creditors 369 1,094
Directors' current accounts 73,370 70,096
Accrued expenses 3,964 6,123
167,100 124,067

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts - 313

The amounts advanced under hire purchase agreements are secured against the assets which they
relate to.