Flux Enviro Limited - Filleted accounts

Registered number

NI674120

Flux Enviro Limited

Unaudited Filleted Accounts

for the year ended

31 December 2024

Flux Enviro Limited
Registered number:		NI674120
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		34,372			34,617

Current assets
Stocks		117,497			94,091
Debtors	4	24,908			39,444
Cash at bank and in hand		45,462			35,683
		187,867			169,218

Creditors: amounts falling due within one year	5	(55,967)			(46,927)

Net current assets			131,900			122,291

Total assets less current liabilities			166,272			156,908


Provisions for liabilities			(5,992)			(6,035)


Net assets			160,280			150,873

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			159,280			149,873

Shareholders' funds			160,280			150,873

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr J A Moag
Director
Approved by the board on 10 September 2025

Flux Enviro Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold improvement			10% reducing balance
	Equipment and fixtures			20% reducing balance
	Rental assets			25% straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2024		2023
Number							Number

	Average number of persons employed by the company					3		3


3	Tangible fixed assets
		Land and buildings		Equipment and fixtures		Rental assets		Total
£			£		£		£
	Cost
	At 1 January 2024	2,600		20,517		34,047		57,164
	Additions	-		5,085		5,744		10,829
	At 31 December 2024	2,600		25,602		39,791		67,993

	Depreciation
	At 1 January 2024	915		5,901		15,731		22,547
	Charge for the year	337		2,779		7,958		11,074
	At 31 December 2024	1,252		8,680		23,689		33,621

	Net book value
	At 31 December 2024	1,348		16,922		16,102		34,372
	At 31 December 2023	1,685		14,616		18,316		34,617


4	Debtors					2024		2023
£							£

	Trade debtors					19,363		31,022
	Other debtors					5,545		8,422
						24,908		39,444


5	Creditors: amounts falling due within one year					2024		2023
£							£

	Trade creditors					42,837		27,491
	Amounts due to AMC Environmental Ltd					8,521		8,521
	Taxation and social security costs					2,609		8,914
	Other creditors					2,000		2,001
						55,967		46,927


6	Controlling party

	Mr. C.A. Moag and Mr. J.A. Moag are joint controllling parties by virtue of their interest in the equity of the company.


7	Other information

	Flux Enviro Limited is a private company limited by shares and incorporated in Northern Ireland. Its registered office is:
	21J Enterprise Road
	Bangor
	Co. Down
	BT19 7TA