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REGISTERED NUMBER: 07398062 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

This Fluid World Ltd

This Fluid World Ltd (Registered number: 07398062)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Balance Sheet 1

Notes to the Financial Statements 2


This Fluid World Ltd (Registered number: 07398062)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 4,222 6,039
Investment property 5 167,350 215,270
171,572 221,309

CURRENT ASSETS
Debtors 6 5,554 3,470
Cash at bank 87,319 128,738
92,873 132,208
CREDITORS
Amounts falling due within one year 7 9,302 24,944
NET CURRENT ASSETS 83,571 107,264
TOTAL ASSETS LESS CURRENT
LIABILITIES

255,143

328,573

CAPITAL AND RESERVES
Called up share capital 8 1 1
Revaluation reserve 9 (50,602 ) (2,682 )
Retained earnings 305,744 331,254
SHAREHOLDERS' FUNDS 255,143 328,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 2 July 2025 and were signed by:





Ms Liri Andersson - Director


This Fluid World Ltd (Registered number: 07398062)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

This Fluid World Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07398062

Registered office: Flat 350 Building 22
Cadogan Road
London
SE18 6YR

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the provision of services and rent receivable in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible fixed assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class - Depreciation method and rate
Computer Equipment - 33% reducing balance
Motor Vehicles - 33% straight line
Fixtures & Fittings - 33% reducing balance

This Fluid World Ltd (Registered number: 07398062)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


2. ACCOUNTING POLICIES - continued

Investment property
Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by either an external valuer or the director. In determining the value, observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset are used. Changes in fair value are recognised in profit or loss.

Taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except
that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted orsubstantively enacted by the reporting date in the countries where the company operates and generates
taxable income.

Deferred tax
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used.

Foreign currency transactions and balances
Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date.

Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors
Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price.

Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

This Fluid World Ltd (Registered number: 07398062)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 243 1,595 13,467 15,305
Additions - - 187 187
At 31 March 2025 243 1,595 13,654 15,492
DEPRECIATION
At 1 April 2024 150 1,595 7,521 9,266
Charge for year 31 - 1,973 2,004
At 31 March 2025 181 1,595 9,494 11,270
NET BOOK VALUE
At 31 March 2025 62 - 4,160 4,222
At 31 March 2024 93 - 5,946 6,039



5. INVESTMENT PROPERTY

There has been no valuation of investment property by an independent valuer. The Director has considered the market value of the property and consider the current value is representative of the market value of the investment property at the balance sheet date.

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2025 167,350

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 2,551 1,800
Other debtors 3,003 1,670
5,554 3,470

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors (1 ) 124
Taxation and social security 4,143 21,312
Other creditors 5,160 3,508
9,302 24,944

This Fluid World Ltd (Registered number: 07398062)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1 ORD £1 1 1

9. RESERVES
Revaluation
reserve
£   
At 1 April 2024 (2,682 )
Revaluation for the year (47,920 )

At 31 March 2025 (50,602 )

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
Ms Liri Andersson
Balance outstanding at start of year (2,308 ) 75,133
Amounts advanced 61,040 11,129
Amounts repaid (62,632 ) (88,570 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (3,900 ) (2,308 )

This loan was provided interest free and is repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs L Andersson, by virtue of her shareholding.