1 January 2024 false No description of principal activity Taxfiler 2024.6 12118690business:PrivateLimitedCompanyLtd2024-01-012024-12-31 121186902023-12-31 121186902024-01-012024-12-31 12118690business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 12118690business:FilletedAccounts2024-01-012024-12-31 121186902024-12-31 121186902023-12-31 12118690core:WithinOneYear2024-12-31 12118690core:WithinOneYear2023-12-31 12118690core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 12118690core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 12118690core:SharePremiumcore:PreviouslyStatedAmount2024-12-31 12118690core:SharePremiumcore:PreviouslyStatedAmount2023-12-31 12118690core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 12118690core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 12118690core:PreviouslyStatedAmount2024-12-31 12118690core:PreviouslyStatedAmount2023-12-31 12118690business:SmallEntities2024-01-012024-12-31 12118690business:Director22024-01-012024-12-31 12118690countries:EnglandWales2024-01-012024-12-31 12118690business:RegisteredOffice2024-01-012024-12-31 12118690core:PlantMachinery2024-01-012024-12-31 12118690core:FurnitureFittings2024-01-012024-12-31 12118690core:ComputerEquipment2024-01-012024-12-31 12118690core:PlantMachinery2023-12-31 12118690core:PlantMachinery2024-12-31 12118690core:BetweenOneFiveYears2024-12-31 12118690core:BetweenOneFiveYears2023-12-31 121186902023-08-012023-12-31 iso4217:GBP xbrli:pure
Flexa Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,066 
16,473 
Current assets
Debtors
418,716 
177,158 
Cash at bank and in hand
356,088 
368,125 
774,804 
545,283 
Creditors: amounts falling due within one year
(8,666)
(89,422)
Net current assets
766,138 
455,861 
Net assets
784,204 
472,334 
Capital and reserves
Called up share capital
2 
2 
Share premium
3,571,620 
2,580,099 
Profit and loss account
(2,787,418)
(2,107,767)
Shareholders' funds
784,204 
472,334 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by
Maurice Patrick O'brien Director Company Registration No. 12118690
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Flexa Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Flexa Ltd is a private company, limited by shares, registered in England and Wales, registration number 12118690. The registered office is 7 Zinc House, 28 Elsdale Street, London, E9 6QY.
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.
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
5 years
Fixtures & fittings
5 years
Computer equipment
5 years
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2024
25,667 
Additions
8,210 
At 31 December 2024
33,877 
Depreciation
At 1 January 2024
9,194 
Charge for the year
6,617 
At 31 December 2024
15,811 
Net book value
At 31 December 2024
18,066 
At 31 December 2023
16,473 
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Flexa Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
418,716 
150,564 
Other debtors
- 
26,594 
418,716 
177,158 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
21,595 
16,831 
Taxes and social security
(42,555)
35,097 
Other creditors
29,626 
37,494 
8,666 
89,422 
7
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
14,400 
14,400 
Later than one year and not later than five years
14,400 
14,400 
28,800 
28,800 
8
Average number of employees
During the year the average number of employees was 16 (2023: 17).
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