Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12362479 Ms Monia Ben Nejima iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12362479 2023-12-31 12362479 2024-12-31 12362479 2024-01-01 2024-12-31 12362479 frs-core:Non-currentFinancialInstruments 2024-12-31 12362479 frs-core:ComputerEquipment 2024-01-01 2024-12-31 12362479 frs-core:ShareCapital 2024-12-31 12362479 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12362479 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12362479 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 12362479 frs-bus:SmallEntities 2024-01-01 2024-12-31 12362479 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12362479 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12362479 frs-bus:Director1 2024-01-01 2024-12-31 12362479 frs-countries:EnglandWales 2024-01-01 2024-12-31 12362479 2022-12-31 12362479 2023-12-31 12362479 2023-01-01 2023-12-31 12362479 frs-core:Non-currentFinancialInstruments 2023-12-31 12362479 frs-core:ShareCapital 2023-12-31 12362479 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12362479
Flashx Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 12362479
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 265 451
265 451
CURRENT ASSETS
Cash at bank and in hand 8 2,007
8 2,007
Creditors: Amounts Falling Due Within One Year (55,830 ) (63,747 )
NET CURRENT ASSETS (LIABILITIES) (55,822 ) (61,740 )
TOTAL ASSETS LESS CURRENT LIABILITIES (55,557 ) (61,289 )
Creditors: Amounts Falling Due After More Than One Year (50,312 ) (42,703 )
NET LIABILITIES (105,869 ) (103,992 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (105,969 ) (104,092 )
SHAREHOLDERS' FUNDS (105,869) (103,992)
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For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Ms Monia Ben Nejima
Director
23/05/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Flashx Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12362479 . The registered office is 76 Innovation Centre, University Road, Canterbury, Kent, CT2 7FG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 25%
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Total
£
Cost
As at 1 January 2024 747
As at 31 December 2024 747
Depreciation
As at 1 January 2024 296
Provided during the period 186
As at 31 December 2024 482
Net Book Value
As at 31 December 2024 265
As at 1 January 2024 451
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5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
6. Reserves
Profit and loss account
The profit and loss account includes all current and prior period retained profits and losses.
7. Related Party Transactions
Key Personnel
At the year end, key personnel were owed £40,193 (PY: £48,428). This amount is unsecured, interest free and repayable on demand.
Sterling Standard Care Group Ltd
At the year end,  the company owed a Sterling Standard Care Group Ltd £37,620 (PY: £37,620).  Sterling Standard Care Group Ltd is a connected company under similar management control. This amount is unsecured, interest free and repayable on demand.
MM Global  Investments Ltd
At the year end,  the company owed a MM Global Investments Ltd £301.  MM Global Investments Ltd is a connected company under similar management control. This amount is unsecured,  interest free and repayable on demand.
Zenith Management Consultant Ltd
At the year end,  the company owed a Zenith Management Consultant Ltd £300.  Zenith Management Consultant Ltd is a connected company under similar management control. This amount is unsecured,  interest free and repayable on demand.
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