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REGISTERED NUMBER: 08069804 (England and Wales)















ELECTRIFLAME LIMITED

Unaudited Financial Statements for the Year Ended 31 August 2024






ELECTRIFLAME LIMITED (REGISTERED NUMBER: 08069804)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


ELECTRIFLAME LIMITED

Company Information
for the year ended 31 August 2024







Directors: J A Tarn
P C Baird





Registered office: Blythe House
Wood End Lane
Tanworth in Arden
Warwickshire
B94 5DT





Registered number: 08069804 (England and Wales)





Accountants: Cooper Parry Advisory Limited
CUBO Birmingham
4th Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Electriflame Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Electriflame Limited for the year ended 31 August 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Electriflame Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Electriflame Limited and state those matters that we have agreed to state to the Board of Directors of Electriflame Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Electriflame Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Electriflame Limited. You consider that Electriflame Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Electriflame Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cooper Parry Advisory Limited
CUBO Birmingham
4th Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX


Date: .............................................

ELECTRIFLAME LIMITED (REGISTERED NUMBER: 08069804)

Balance Sheet
31 August 2024

2024 2023
Notes £ £ £ £
Fixed assets
Intangible assets 5 22,533 28,415
Tangible assets 6 8,022 16,081
30,555 44,496

Current assets
Debtors 7 15,409 10,264
Cash at bank 4,569 4,393
19,978 14,657
Creditors
Amounts falling due within one year 8 51,349 37,203
Net current liabilities (31,371 ) (22,546 )
Total assets less current liabilities (816 ) 21,950

Capital and reserves
Called up share capital 2 2
Retained earnings (818 ) 21,948
Shareholders' funds (816 ) 21,950

ELECTRIFLAME LIMITED (REGISTERED NUMBER: 08069804)

Balance Sheet - continued
31 August 2024


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

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

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 Statement of Income and Retained Earnings has not been delivered.

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





P C Baird - Director


ELECTRIFLAME LIMITED (REGISTERED NUMBER: 08069804)

Notes to the Financial Statements
for the year ended 31 August 2024

1. Statutory information

Electriflame Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Royalty income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably. Royalty income is accrued on a time basis.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 15% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Going concern
he accounts show an overdrawn balance sheet at the year end. The director's have agreed to continue to support the Company so the accounts have been prepared on a going concern basis.

ELECTRIFLAME LIMITED (REGISTERED NUMBER: 08069804)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

4. Employees and directors

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

5. Intangible fixed assets
Other
intangible
assets
£
Cost
At 1 September 2023
and 31 August 2024 49,272
Amortisation
At 1 September 2023 20,857
Charge for year 5,882
At 31 August 2024 26,739
Net book value
At 31 August 2024 22,533
At 31 August 2023 28,415

6. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 September 2023
and 31 August 2024 37,759
Depreciation
At 1 September 2023 21,678
Charge for year 8,059
At 31 August 2024 29,737
Net book value
At 31 August 2024 8,022
At 31 August 2023 16,081

7. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 15,327 10,262
Other debtors 82 2
15,409 10,264

ELECTRIFLAME LIMITED (REGISTERED NUMBER: 08069804)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

8. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 970 3,884
Taxation and social security 31,354 27,943
Other creditors 19,025 5,376
51,349 37,203