Company Registration No. SC242158 (Scotland)
Floral Art Centre Limited
Unaudited accounts
for the year ended 30 April 2025
Floral Art Centre Limited
Unaudited accounts
Contents
Floral Art Centre Limited
Company Information
for the year ended 30 April 2025
Directors
T C Gray
L J Gray
M R C Gray
Company Number
SC242158 (Scotland)
Registered Office
76 BUSBY ROAD
CLARKSTON
GLASGOW
G76 7AU
Accountants
Mark Gray Ltd
76 Busby Road
Clarkston
Glasgow
G76 7AU
Floral Art Centre Limited
Statement of financial position
as at 30 April 2025
Intangible assets
61,000
61,000
Tangible assets
7,060
7,836
Cash at bank and in hand
36,791
44,350
Creditors: amounts falling due within one year
(19,246)
(13,048)
Net current assets
26,987
39,579
Total assets less current liabilities
95,047
108,415
Creditors: amounts falling due after more than one year
(9,259)
(20,184)
Called up share capital
115
115
Profit and loss account
85,673
88,116
Shareholders' funds
85,788
88,231
For the year ending 30 April 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 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 7 May 2025 and were signed on its behalf by
M R C Gray
Director
Company Registration No. SC242158
Floral Art Centre Limited
Notes to the Accounts
for the year ended 30 April 2025
Floral Art Centre Limited is a private company, limited by shares, registered in Scotland, registration number SC242158. The registered office is 76 BUSBY ROAD, CLARKSTON, GLASGOW, G76 7AU.
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.
These financial statements for the year ended 30 April 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Intangible fixed assets
Goodwill
Floral Art Centre Limited
Notes to the Accounts
for the year ended 30 April 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
10,480
17,249
1,969
29,698
At 30 April 2025
10,480
17,249
3,508
31,237
At 1 May 2024
10,225
10,277
1,360
21,862
Charge for the year
64
1,744
507
2,315
At 30 April 2025
10,289
12,021
1,867
24,177
At 30 April 2025
191
5,228
1,641
7,060
At 30 April 2024
255
6,972
609
7,836
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
8,914
5,310
Taxes and social security
4,887
3,175
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
3,516
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).