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REGISTERED NUMBER: 07986325 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

FLOOD TECHNOLOGIES LIMITED

FLOOD TECHNOLOGIES LIMITED (REGISTERED NUMBER: 07986325)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FLOOD TECHNOLOGIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr F B Turner
Mr A Turner





REGISTERED OFFICE: 1 Bracken Drive
Wolvey
Leicestershire
LE10 3LS





REGISTERED NUMBER: 07986325 (England and Wales)





ACCOUNTANTS: Armstrongs Bishop Simmons
Chartered Accountants and Tax Advisors
Gethin House
36 Bond Street
Nuneaton
Warwickshire
CV11 4DA

FLOOD TECHNOLOGIES LIMITED (REGISTERED NUMBER: 07986325)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 26,778 28,211
Tangible assets 5 55,892 30,729
82,670 58,940

CURRENT ASSETS
Stocks 55,478 58,400
Debtors 6 162,707 350,928
Cash at bank 437,786 314,925
655,971 724,253
CREDITORS
Amounts falling due within one year 7 132,685 122,498
NET CURRENT ASSETS 523,286 601,755
TOTAL ASSETS LESS CURRENT
LIABILITIES

605,956

660,695

PROVISIONS FOR LIABILITIES 13,973 7,682
NET ASSETS 591,983 653,013

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings 591,884 652,914
591,983 653,013

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

FLOOD TECHNOLOGIES LIMITED (REGISTERED NUMBER: 07986325)

BALANCE SHEET - continued
30 SEPTEMBER 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 Board of Directors and authorised for issue on 7 May 2025 and were signed on its behalf by:




Mr F B Turner - Director



Mr A Turner - Director


FLOOD TECHNOLOGIES LIMITED (REGISTERED NUMBER: 07986325)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Flood Technologies Limited 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.

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from rendering of services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to date of final installation

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of twenty five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Written off over three years
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 20% on cost

FLOOD TECHNOLOGIES LIMITED (REGISTERED NUMBER: 07986325)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

FLOOD TECHNOLOGIES LIMITED (REGISTERED NUMBER: 07986325)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 October 2023
and 30 September 2024 35,823
AMORTISATION
At 1 October 2023 7,612
Amortisation for year 1,433
At 30 September 2024 9,045
NET BOOK VALUE
At 30 September 2024 26,778
At 30 September 2023 28,211

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 October 2023 18,305 82,777 2,347
Additions - 52,032 -
Disposals - (64,445 ) -
At 30 September 2024 18,305 70,364 2,347
DEPRECIATION
At 1 October 2023 18,305 54,220 1,256
Charge for year - 2,772 109
Eliminated on disposal - (40,948 ) -
At 30 September 2024 18,305 16,044 1,365
NET BOOK VALUE
At 30 September 2024 - 54,320 982
At 30 September 2023 - 28,557 1,091

FLOOD TECHNOLOGIES LIMITED (REGISTERED NUMBER: 07986325)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 4,700 2,717 110,846
Additions - - 52,032
Disposals - - (64,445 )
At 30 September 2024 4,700 2,717 98,433
DEPRECIATION
At 1 October 2023 4,073 2,263 80,117
Charge for year 157 334 3,372
Eliminated on disposal - - (40,948 )
At 30 September 2024 4,230 2,597 42,541
NET BOOK VALUE
At 30 September 2024 470 120 55,892
At 30 September 2023 627 454 30,729

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 78,148 301,806
Amounts owed by group undertakings 45,765 34,874
Other debtors 38,794 14,248
162,707 350,928

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 83,294 76,311
Taxation and social security 6,090 29,332
Other creditors 43,301 16,855
132,685 122,498