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REGISTERED NUMBER: 11664283 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

FLUX DISPLAY LTD

FLUX DISPLAY LTD (REGISTERED NUMBER: 11664283)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FLUX DISPLAY LTD

COMPANY INFORMATION
for the Year Ended 31st December 2024







DIRECTORS: Mr B J Harris
Mrs S J L Harris





REGISTERED OFFICE: The Courtyard
Earl Road
Cheadle Hulme
Stockport
SK8 6PT





REGISTERED NUMBER: 11664283 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

FLUX DISPLAY LTD (REGISTERED NUMBER: 11664283)

BALANCE SHEET
31st December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 8,563 4,733

CURRENT ASSETS
Stocks 216,019 213,619
Debtors 5 388,864 254,889
Cash at bank 660,372 521,066
1,265,255 989,574
CREDITORS
Amounts falling due within one year 6 (295,165 ) (182,628 )
NET CURRENT ASSETS 970,090 806,946
TOTAL ASSETS LESS CURRENT
LIABILITIES

978,653

811,679

CREDITORS
Amounts falling due after more than one year 7 (12,632 ) (22,562 )

PROVISIONS FOR LIABILITIES (2,141 ) (1,183 )
NET ASSETS 963,880 787,934

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 963,780 787,834
SHAREHOLDERS' FUNDS 963,880 787,934

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

FLUX DISPLAY LTD (REGISTERED NUMBER: 11664283)

BALANCE SHEET - continued
31st December 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 Profit and Loss Account has not been delivered.

The financial statements were approved the Board of Directors and authorised for issue on 6th June 2025 and were signed on its behalf by:





Mr B J Harris - Director


FLUX DISPLAY LTD (REGISTERED NUMBER: 11664283)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2024


1. STATUTORY INFORMATION

Flux Display Limited is a private company, limited by shares, registered in England and Wales, registration number 11664283. The address of the registered office and the principal place of business is The Courtyard, Earl Road, Cheadle Hulme, Cheadle, Chesire, SK86PT.

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 represents amounts recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax and trade discounts. Turnover principally consists of sales of retail and beverage signs which are recognised at the point of which the goods or services are provided.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets is charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods:

Fixtures and Fittings20% straight line
Computer Equipment15% on reducing balance

At each balance sheet date, the Company reviews the carrying amounts of its fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Stocks
Stocks are valued at the lower of cost and selling price after making due allowance for obsolete and slow moving items. Cost is calculated on a first in first out basis and includes all costs and duties incurred in bringing the stock to the company's premises.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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.


FLUX DISPLAY LTD (REGISTERED NUMBER: 11664283)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2024


2. ACCOUNTING POLICIES - continued
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.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st January 2024 197 5,541 5,738
Additions 747 4,091 4,838
At 31st December 2024 944 9,632 10,576
DEPRECIATION
At 1st January 2024 118 887 1,005
Charge for year 122 886 1,008
At 31st December 2024 240 1,773 2,013
NET BOOK VALUE
At 31st December 2024 704 7,859 8,563
At 31st December 2023 79 4,654 4,733

FLUX DISPLAY LTD (REGISTERED NUMBER: 11664283)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 385,108 254,845
Other debtors 3,756 44
388,864 254,889

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 82,965 58,045
Taxation and social security 151,072 53,278
Other creditors 50,480 60,657
295,165 182,628

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 12,632 22,562

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
51 Ordinary A £1 51 51
49 Ordinary B £1 49 49
100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Other debtors reflect balance owed by director to the company as at the Balance Sheet date 2024 - £712 (2023 : £44).