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REGISTERED NUMBER: 10787636 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Flori Construction Ltd

Flori Construction Ltd (Registered number: 10787636)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Flori Construction Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: F Kullani





REGISTERED OFFICE: 662 High Road
London
N12 0NL





REGISTERED NUMBER: 10787636 (England and Wales)





ACCOUNTANTS: Roseworth Limited
662 High Road
Finchley
London
N12 0NL

Flori Construction Ltd (Registered number: 10787636)

Statement of Financial Position
31 May 2024

31.5.24 31.5.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 124,272 153,497

CURRENT ASSETS
Stocks 323,293 427,000
Debtors 5 724,653 598,604
Cash at bank and in hand 47,699 392,545
1,095,645 1,418,149
CREDITORS
Amounts falling due within one year 6 587,867 560,949
NET CURRENT ASSETS 507,778 857,200
TOTAL ASSETS LESS CURRENT
LIABILITIES

632,050

1,010,697

CREDITORS
Amounts falling due after more than one
year

7

(65,844

)

(124,146

)

PROVISIONS FOR LIABILITIES (24,694 ) (34,027 )
NET ASSETS 541,512 852,524

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 541,412 852,424
541,512 852,524

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Flori Construction Ltd (Registered number: 10787636)

Statement of Financial Position - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 April 2025 and were signed by:





F Kullani - Director


Flori Construction Ltd (Registered number: 10787636)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Flori Construction Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Flori Construction Ltd (Registered number: 10787636)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 276,607
Additions 12,200
At 31 May 2024 288,807
DEPRECIATION
At 1 June 2023 123,110
Charge for year 41,425
At 31 May 2024 164,535
NET BOOK VALUE
At 31 May 2024 124,272
At 31 May 2023 153,497

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 193,630
DEPRECIATION
At 1 June 2023 107,712
Charge for year 21,486
At 31 May 2024 129,198
NET BOOK VALUE
At 31 May 2024 64,432
At 31 May 2023 85,918

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 286,888 161,626
Other debtors 437,765 436,978
724,653 598,604

Flori Construction Ltd (Registered number: 10787636)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 6,120 6,120
Hire purchase contracts 53,828 57,058
Trade creditors (3 ) 16,199
Taxation and social security 274,085 382,115
Other creditors 253,837 99,457
587,867 560,949

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 29,090 34,128
Hire purchase contracts 36,754 90,018
65,844 124,146

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 4,610 9,648