1 April 2024 false Taxfiler 2024.6 10654371business:PrivateLimitedCompanyLtd2024-04-012025-03-31 106543712024-03-31 106543712024-04-012025-03-31 10654371business:AuditExemptWithAccountantsReport2024-04-012025-03-31 10654371business:FilletedAccounts2024-04-012025-03-31 106543712025-03-31 10654371business:Director12024-04-012025-03-31 10654371business:RegisteredOffice2024-04-012025-03-31 106543712024-03-31 10654371core:WithinOneYear2025-03-31 10654371core:WithinOneYear2024-03-31 10654371core:AfterOneYear2025-03-31 10654371core:AfterOneYear2024-03-31 10654371core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 10654371core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 10654371core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 10654371core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 10654371core:PreviouslyStatedAmount2025-03-31 10654371core:PreviouslyStatedAmount2024-03-31 10654371business:SmallEntities2024-04-012025-03-31 10654371countries:EnglandWales2024-04-012025-03-31 10654371core:LandBuildings2024-04-012025-03-31 10654371core:PlantMachinery2024-04-012025-03-31 10654371core:FurnitureFittings2024-04-012025-03-31 10654371core:ComputerEquipment2024-04-012025-03-31 10654371core:LandBuildings2024-03-31 10654371core:PlantMachinery2024-03-31 10654371core:FurnitureFittings2024-03-31 10654371core:ComputerEquipment2024-03-31 10654371core:LandBuildings2025-03-31 10654371core:PlantMachinery2025-03-31 10654371core:FurnitureFittings2025-03-31 10654371core:ComputerEquipment2025-03-31 106543712023-04-012024-03-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
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
- 3 -
Flique 1 Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
43,362 
50,942 
Current assets
Inventories
700 
2,920 
Debtors
31,820 
32,854 
Cash at bank and in hand
13,358 
5,107 
45,878 
40,881 
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)
- 
Net assets
592 
509 
Capital and reserves
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
- 4 -
Flique 1 Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
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.
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 year, 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.
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 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 
Depreciation
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 
Net book value
At 31 March 2025
36,000 
778 
6,548 
36 
43,362 
At 31 March 2024
45,000 
- 
5,639 
303 
50,942 
- 5 -
Flique 1 Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
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 
VAT
29,227 
28,706 
Taxes and social security
12,172 
14,686 
Other creditors
2,023 
3,075 
Loans from directors
13,366 
- 
88,441 
91,314 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
207 
- 
8
Loans to directors
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).
- 6 -