Silverfin false false 31/12/2024 01/01/2024 31/12/2024 Mr D K Boxwell 21/06/2024 Mrs K M Boxwell 21/06/2024 06 May 2025 The principal activity of the Company during the financial year is the letting of commercial property. 15792583 2024-12-31 15792583 bus:Director1 2024-12-31 15792583 bus:Director2 2024-12-31 15792583 core:CurrentFinancialInstruments 2024-12-31 15792583 core:ShareCapital 2024-12-31 15792583 core:RetainedEarningsAccumulatedLosses 2024-12-31 15792583 2023-12-31 15792583 bus:OrdinaryShareClass1 2024-12-31 15792583 2024-01-01 2024-12-31 15792583 bus:FilletedAccounts 2024-01-01 2024-12-31 15792583 bus:SmallEntities 2024-01-01 2024-12-31 15792583 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 15792583 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 15792583 bus:Director1 2024-01-01 2024-12-31 15792583 bus:Director2 2024-01-01 2024-12-31 15792583 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15792583 (England and Wales)

FLAMINGO INDUSTRIAL LIMITED

Unaudited Financial Statements
For the financial period ended 31 December 2024
Pages for filing with the registrar

FLAMINGO INDUSTRIAL LIMITED

Unaudited Financial Statements

For the financial period ended 31 December 2024

Contents

FLAMINGO INDUSTRIAL LIMITED

BALANCE SHEET

As at 31 December 2024
FLAMINGO INDUSTRIAL LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024
£
Fixed assets
Investment property 3 61,335
61,335
Current assets
Debtors 4 2,000
Cash at bank and in hand 1
2,001
Creditors: amounts falling due within one year 5 ( 62,890)
Net current liabilities (60,889)
Total assets less current liabilities 446
Net assets 446
Capital and reserves
Called-up share capital 6 1
Profit and loss account 445
Total shareholder's funds 446

For the financial period ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Flamingo Industrial Limited (registered number: 15792583) were approved and authorised for issue by the Board of Directors on 06 May 2025. They were signed on its behalf by:

Mr D K Boxwell
Director
Mrs K M Boxwell
Director
FLAMINGO INDUSTRIAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 December 2024
FLAMINGO INDUSTRIAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Flamingo Industrial Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The first reporting period of the company has been shortened to be coterminous with members of the corporate group.

Turnover

Turnover comprises the fair value of the consideration received or receivable by the provision of the services in the ordinary course of the company's activities. Turnover is shown net of value added tax.

The company recognises revenue when the value of the service provided to date can be reliably measured.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024
Number
Monthly average number of persons employed by the Company during the period, including directors 0

3. Investment property

Investment property
£
Valuation
As at 01 January 2024 0
Additions 61,335
As at 31 December 2024 61,335

There has been no valuation of investment property by an external valuer. The valuation has been carried out by the directors.

4. Debtors

2024
£
Amounts owed by Group undertakings 2,000

5. Creditors: amounts falling due within one year

2024
£
Amounts owed to Group undertakings 61,335
Accruals 1,450
Taxation and social security 105
62,890

6. Called-up share capital

2024
£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1

On 21 June 2024 the company issued 1 Ordinary £1 share at par.

7. Ultimate controlling party

Parent Company:

Boxwell Holdings Limited
Sigma House Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom