Company Registration No. 14602545 (England and Wales)
Flol Limited
Unaudited accounts
for the period from 1 February 2024 to 31 August 2024
Flol Limited
Unaudited accounts
Contents
Flol Limited
Company Information
for the period from 1 February 2024 to 31 August 2024
Directors
Julian Gleek
Deborah Ann Gray
Company Number
14602545 (England and Wales)
Registered Office
The Studio,
821 Chorley Old Road
Bolton
BL1 5SL
England
Flol Limited
Statement of financial position
as at 31 August 2024
Inventories
4,928,478
3,868,657
Cash at bank and in hand
280,716
366,735
Creditors: amounts falling due within one year
(5,164,485)
(4,330,100)
Net current assets
701,661
578,675
Net assets
701,661
578,675
Called up share capital
100
100
Profit and loss account
701,561
578,575
Shareholders' funds
701,661
578,675
For the period ending 31 August 2024 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 31 May 2025 and were signed on its behalf by
Deborah Ann Gray
Director
Company Registration No. 14602545
Flol Limited
Notes to the Accounts
for the period from 1 February 2024 to 31 August 2024
Flol Limited is a private company, limited by shares, registered in England and Wales, registration number 14602545. The registered office is The Studio,, 821 Chorley Old Road, Bolton, BL1 5SL, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Inventories
31/08/2024
31/01/2024
Work in progress
-
3,868,657
Finished goods
4,928,478
-
Work in Progress at 31/01/2024 represented the cost to date of producing the film 'Four Letters of Love'. Finished Goods at 31/08/2024 is the final total cost of the same film.
5
Debtors
31/08/2024
31/01/2024
Amounts falling due within one year
Trade debtors
15,798
14,647
Accrued income and prepayments
5
-
Other debtors
620,361
648,194
6
Creditors: amounts falling due within one year
31/08/2024
31/01/2024
Trade creditors
131,605
14,156
Taxes and social security
51,935
53,081
Other creditors
4,980,945
4,256,767
Flol Limited
Notes to the Accounts
for the period from 1 February 2024 to 31 August 2024
7
Transactions with related parties
Creditors include unsecured loans of £3,030,183 (31/01/2024 £3,074,900) from JG Properties Limited who wholly own the company and £264,125 (31/01/82024 £264,125) from Genesius Pictures Limited which is wholly own by Directors Julian Gleek and Deborah Gray. Any other transactions with related parties were carried out under normal market trading conditions.
The Company is a wholly owned subsidiary of J G Properties Limited, who's registered office is Richmond House, Avonmouth Way, Avonmouth, Bristol, England, BS11 8DE, Company Number 4930305.
9
Average number of employees
During the period the average number of employees was 3 (31/01/2024: 20).