Company Registration No. 06439001 (England and Wales)
Flowers Associates Limited
Unaudited accounts
for the year ended 30 November 2024
Flowers Associates Limited
Unaudited accounts
Contents
Flowers Associates Limited
Company Information
for the year ended 30 November 2024
Company Number
06439001 (England and Wales)
Registered Office
1 Monarch Way
Loughborough
Leicestershire
LE115TP
United Kingdom
Flowers Associates Limited
Statement of financial position
as at 30 November 2024
Tangible assets
2,725
5,709
Cash at bank and in hand
84,472
119,335
Creditors: amounts falling due within one year
(29,717)
(49,606)
Net current assets
68,718
104,851
Total assets less current liabilities
71,443
110,560
Creditors: amounts falling due after more than one year
(10,768)
(15,000)
Provisions for liabilities
Called up share capital
4
4
Profit and loss account
60,153
94,471
Shareholders' funds
60,157
94,475
For the year ending 30 November 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 6 February 2025 and were signed on its behalf by
Adam Flowers
Director
Company Registration No. 06439001
Flowers Associates Limited
Notes to the Accounts
for the year ended 30 November 2024
Flowers Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 06439001. The registered office is 1 Monarch Way, Loughborough, Leicestershire, LE115TP, United Kingdom.
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.
These financial statements for the year ended 30 November 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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% of Cost
Fixtures & fittings
25% of Net book value
Computer equipment
25% of Net book value
Flowers Associates Limited
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
4,709
11,178
14,736
30,623
Disposals
-
(10,634)
(10,528)
(21,162)
At 30 November 2024
4,709
1,044
4,208
9,961
At 1 December 2023
4,619
9,707
10,588
24,914
Charge for the year
89
223
685
997
On disposals
-
(9,554)
(9,121)
(18,675)
At 30 November 2024
4,708
376
2,152
7,236
At 30 November 2024
1
668
2,056
2,725
At 30 November 2023
90
1,471
4,148
5,709
Amounts falling due within one year
Trade debtors
13,329
33,703
Accrued income and prepayments
634
918
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,168
10,000
Taxes and social security
8,713
11,526
Loans from directors
34
318
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 6 (2023: 15).