Caseware UK (AP4) 2024.0.164 2024.0.164 2024-02-292024-02-2912023-03-01false1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04280016 2023-03-01 2024-02-29 04280016 2022-03-01 2023-02-28 04280016 2024-02-29 04280016 2023-02-28 04280016 c:Director1 2023-03-01 2024-02-29 04280016 d:FurnitureFittings 2023-03-01 2024-02-29 04280016 d:FurnitureFittings 2024-02-29 04280016 d:FurnitureFittings 2023-02-28 04280016 d:CurrentFinancialInstruments 2024-02-29 04280016 d:CurrentFinancialInstruments 2023-02-28 04280016 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 04280016 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 04280016 d:ShareCapital 2024-02-29 04280016 d:ShareCapital 2023-02-28 04280016 d:RetainedEarningsAccumulatedLosses 2024-02-29 04280016 d:RetainedEarningsAccumulatedLosses 2023-02-28 04280016 c:OrdinaryShareClass1 2023-03-01 2024-02-29 04280016 c:OrdinaryShareClass1 2024-02-29 04280016 c:OrdinaryShareClass1 2023-02-28 04280016 c:FRS102 2023-03-01 2024-02-29 04280016 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 04280016 c:FullAccounts 2023-03-01 2024-02-29 04280016 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 04280016 2 2023-03-01 2024-02-29 04280016 e:PoundSterling 2023-03-01 2024-02-29 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04280016














FLESH EATERS LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
FLESH EATERS LIMITED
REGISTERED NUMBER:04280016

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
1

  
-
1

Current assets
  

Debtors: amounts falling due within one year
 5 
15,013
32,352

Cash at bank
 6 
278,655
112,501

  
293,668
144,853

Creditors: amounts falling due within one year
 7 
(176,077)
(57,283)

Net current assets
  
 
 
117,591
 
 
87,570

Total assets less current liabilities
  
117,591
87,571

  

Net assets
  
117,591
87,571


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
117,590
87,570

  
117,591
87,571


Page 1

 
FLESH EATERS LIMITED
REGISTERED NUMBER:04280016
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J Hewlett
Director

Date: 24 April 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
FLESH EATERS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Flesh Eaters Limited is a private company, limited by shares, registered in England and Wales, registration number 04280016. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
 
The principal activity of the company continued to be that of design and artwork.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings and cash are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in profit or loss.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

Turnover from design and artwork services is recognised when it is probable the company will receive the consideration due under the contract.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. 

Page 3

 
FLESH EATERS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporate tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives range as follows:

Fixtures and fittings
-
3
years straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.9

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

Page 4

 
FLESH EATERS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.10

 Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

 Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.


3.


Employees

The average monthly number of employees, including the director, during the year was 1 (2023 - 1).


4.


Tangible fixed assets







Fixtures and fittings

£



Cost 


At 1 March 2023
3,599


Disposals
(3,599)



At 29 February 2024

-





At 1 March 2023
3,598


Disposals
(3,598)



At 29 February 2024

-



Net book value



At 29 February 2024
-



At 28 February 2023
1

Page 5

 
FLESH EATERS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Debtors

29 February
28 February
2024
2023
£
£


Trade debtors
-
15,911

Other debtors
1,734
7,281

Prepayments
13,279
4,998

Deferred taxation
-
4,162

15,013
32,352



6.


Cash

29 February
28 February
2024
2023
£
£

Cash at bank
278,655
112,501



7.


Creditors: amounts falling due within one year

29 February
28 February
2024
2023
£
£

Trade creditors
22,857
1,392

Other taxation and social security
12,905
-

Other creditors
120,957
47,493

Accruals
19,358
8,398

176,077
57,283



8.


Share capital

29 February
28 February
2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1



9.


Transactions with the director

At the year end, a balance of £120,883 (2023 - £46,854) was owed by the company to the director. The loan is unsecured, interest free and repayable on demand.

 
Page 6