1 February 2024 false Taxfiler 2024.6 03607694business:PrivateLimitedCompanyLtd2024-02-012025-01-31 036076942024-01-31 036076942024-02-012025-01-31 03607694business:AuditExemptWithAccountantsReport2024-02-012025-01-31 03607694business:FilletedAccounts2024-02-012025-01-31 036076942025-01-31 03607694business:Director12024-02-012025-01-31 03607694business:Director22024-02-012025-01-31 03607694business:Director32024-02-012025-01-31 03607694business:Director42024-02-012025-01-31 03607694business:RegisteredOffice2024-02-012025-01-31 036076942024-01-31 03607694core:WithinOneYear2025-01-31 03607694core:WithinOneYear2024-01-31 03607694core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 03607694core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 03607694core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 03607694core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 03607694core:PreviouslyStatedAmount2025-01-31 03607694core:PreviouslyStatedAmount2024-01-31 03607694business:SmallEntities2024-02-012025-01-31 03607694countries:EnglandWales2024-02-012025-01-31 03607694core:Goodwill2024-01-31 03607694core:Goodwill2025-01-31 03607694core:PlantMachinery2024-01-31 03607694core:MotorVehicles2024-01-31 03607694core:PlantMachinery2024-02-012025-01-31 03607694core:MotorVehicles2024-02-012025-01-31 03607694core:PlantMachinery2025-01-31 03607694core:MotorVehicles2025-01-31 036076942023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 03607694 (England and Wales)
Fluid Technology Generation Limited Unaudited accounts for the year ended 31 January 2025
Fluid Technology Generation Limited Unaudited accounts Contents
Page
- 2 -
Fluid Technology Generation Limited Company Information for the year ended 31 January 2025
Directors
Nigel Bruce Christine Bruce Harold Cattell David Bowman
Company Number
03607694 (England and Wales)
Registered Office
Drum House Drum Industrial Estate Chester Le Street DH2 1SR
- 3 -
Fluid Technology Generation Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
74,379 
52,393 
Current assets
Inventories
567,110 
562,696 
Debtors
746,554 
711,052 
Cash at bank and in hand
811,509 
791,020 
2,125,173 
2,064,768 
Creditors: amounts falling due within one year
(502,854)
(537,594)
Net current assets
1,622,319 
1,527,174 
Total assets less current liabilities
1,696,698 
1,579,567 
Provisions for liabilities
Deferred tax
(18,318)
(9,413)
Net assets
1,678,380 
1,570,154 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
1,677,380 
1,569,154 
Shareholders' funds
1,678,380 
1,570,154 
For the year ending 31 January 2025 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 5 April 2025 and were signed on its behalf by
Harold Cattell Director Company Registration No. 03607694
- 4 -
Fluid Technology Generation Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Fluid Technology Generation Limited is a private company, limited by shares, registered in England and Wales, registration number 03607694. The registered office is Drum House, Drum Industrial Estate , Chester Le Street, DH2 1SR.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2024
15,950 
At 31 January 2025
15,950 
Amortisation
At 1 February 2024
15,950 
At 31 January 2025
15,950 
Net book value
At 31 January 2025
- 
- 5 -
Fluid Technology Generation Limited Notes to the Accounts for the year ended 31 January 2025
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
318,311 
10,383 
328,694 
Additions
47,218 
- 
47,218 
Disposals
- 
(10,383)
(10,383)
At 31 January 2025
365,529 
- 
365,529 
Depreciation
At 1 February 2024
266,356 
9,945 
276,301 
Charge for the year
24,794 
- 
24,794 
On disposals
- 
(9,945)
(9,945)
At 31 January 2025
291,150 
- 
291,150 
Net book value
At 31 January 2025
74,379 
- 
74,379 
At 31 January 2024
51,955 
438 
52,393 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
377,265 
374,017 
Amounts due from group undertakings etc.
342,156 
309,925 
Accrued income and prepayments
27,133 
23,810 
Other debtors
- 
3,300 
746,554 
711,052 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
56,079 
51,456 
Trade creditors
355,731 
372,588 
Amounts owed to group undertakings and other participating interests
37,742 
71,886 
Taxes and social security
35,419 
24,660 
Accruals
17,883 
17,004 
502,854 
537,594 
8
Transactions with related parties
The company is related by common directorships to Safechem Limited. During the year ended 31st January 2025 Fluid Technology Generation Limited (FTG) purchased goods and services from Safechem Limited to the value of £1,48958(2024 £156,393) and sold goods to Safechem Limited to the value of £1,217,628 (2024 1,230620) . As at 31 January 2025 Safechem Limited owed FTG £342156(2024 £1,230,620) and Ftg owed Safechem £37742 (2024 £71,886.). All transactions were at market value.
9
Average number of employees
During the year the average number of employees was 16 (2024: 17).
- 6 -