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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
Page
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Flol Limited Company Information for the period from 1 February 2024 to 31 August 2024
Directors
Julian Gleek Deborah Ann Gray
Secretary
Pamela Holt
Company Number
14602545 (England and Wales)
Registered Office
The Studio, 821 Chorley Old Road Bolton BL1 5SL England
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Flol Limited Statement of financial position as at 31 August 2024
31/08/2024 
31/01/2024 
Notes
£ 
£ 
Current assets
Inventories
4,928,478 
3,868,657 
Debtors
656,952 
673,383 
Cash at bank and in hand
280,716 
366,735 
5,866,146 
4,908,775 
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 
Capital and reserves
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
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Flol Limited Notes to the Accounts for the period from 1 February 2024 to 31 August 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
- 
4,928,478 
3,868,657 
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
VAT
20,788 
10,542 
Trade debtors
15,798 
14,647 
Accrued income and prepayments
5 
- 
Other debtors
620,361 
648,194 
656,952 
673,383 
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 
Accruals
- 
6,096 
5,164,485 
4,330,100 
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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.
8
Controlling party
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).
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