Company Registration No. 10654371 (England and Wales)
Flique 1 Ltd
Unaudited accounts
for the year ended 31 March 2025
Flique 1 Ltd
Unaudited accounts
Contents
Flique 1 Ltd
Company Information
for the year ended 31 March 2025
Director
Leah Susan Julie Price
Company Number
10654371 (England and Wales)
Registered Office
3 Sandy Field Way
Botley
Southampton
SO32 2GA
England
Accountants
365 Accounts Ltd
44 Brookwood Road
Southampton
Hampshire
SO16 9AJ
Flique 1 Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
43,362
50,942
Cash at bank and in hand
13,358
5,107
Creditors: amounts falling due within one year
(88,441)
(91,314)
Net current liabilities
(42,563)
(50,433)
Total assets less current liabilities
799
509
Creditors: amounts falling due after more than one year
(207)
-
Called up share capital
500
500
Profit and loss account
92
9
Shareholders' funds
592
509
For the year ending 31 March 2025 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 director acknowledges her 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 and authorised for issue on 31 May 2025 and were signed on its behalf by
Leah Susan Julie Price
Director
Company Registration No. 10654371
Flique 1 Ltd
Notes to the Accounts
for the year ended 31 March 2025
Flique 1 Ltd is a private company, limited by shares, registered in England and Wales, registration number 10654371. The registered office is 3 Sandy Field Way, Botley, Southampton, SO32 2GA, 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 year, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognized by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight line method
Plant & machinery
25% Reducing balance method
Fixtures & fittings
15% Reducing balance method
Computer equipment
33.33% Straight line method
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
90,000
-
9,076
1,995
101,071
Additions
-
869
1,967
-
2,836
At 31 March 2025
90,000
869
11,043
1,995
103,907
At 1 April 2024
45,000
-
3,437
1,692
50,129
Charge for the year
9,000
91
1,058
267
10,416
At 31 March 2025
54,000
91
4,495
1,959
60,545
At 31 March 2025
36,000
778
6,548
36
43,362
At 31 March 2024
45,000
-
5,639
303
50,942
Flique 1 Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Other debtors
31,820
32,854
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
31,653
44,847
Taxes and social security
12,172
14,686
Other creditors
2,023
3,075
Loans from directors
13,366
-
7
Creditors: amounts falling due after more than one year
2025
2024
During the year the company maintained a loan account with its director Mr. Leah Susan Julie Price. As at the year end date the company owed its director Mr. Leah Susan Julie Price £13,366 (2024 -£2,921 was owed by the director).
9
Average number of employees
During the year the average number of employees was 8 (2024: 8).