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Company Registration No. 10611002 (England and Wales)
FLAGS & MORE LTD Filleted accounts for the year ended 28 February 2025
FLAGS & MORE LTD Filleted accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
FLAGS & MORE LTD Company Information for the year ended 28 February 2025
Director
Stasys Dauksys
Company Number
10611002 (England and Wales)
Registered Office
166 College Road Harrow England HA1 1BH
Accountants
Klevas Consulting Ltd OneSixSix 166 College Road Harrow Middlesex HA1 1BH
- 3 -
FLAGS & MORE LTD Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Current assets
Inventories
10,000
10,000
Debtors
4
5,488
4,782
Cash at bank and in hand
12,863
13,532
28,351
28,314
Creditors: amounts falling due within one year
5
(20,666)
(23,782)
Net current assets
7,685
4,532
Total assets less current liabilities
7,685
4,532
Creditors: amounts falling due after more than one year
6
(1,173)
-
Net assets
6,512
4,532
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
6,412
4,432
Shareholders' funds
6,512
4,532
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 5 September 2025 and were signed on its behalf by
Stasys Dauksys Director Company Registration No. 10611002
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FLAGS & MORE LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
FLAGS & MORE LTD is a private company, limited by shares, registered in England and Wales, registration number 10611002. The registered office is 166 College Road, Harrow, England, HA1 1BH.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
545
343
Trade debtors
4,943
4,439
5,488
4,782
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
1,760
2,933
VAT
13
-
Trade creditors
2,631
2,579
Taxes and social security
464
709
Other creditors
(2)
1,761
Loans from directors
15,800
15,800
20,666
23,782
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,173
-
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
- 5 -
FLAGS & MORE LTD Notes to the Accounts for the year ended 28 February 2025
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -