FLOCK ASSOCIATES LIMITED

Company Registration Number:
08263757 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

FLOCK ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

FLOCK ASSOCIATES LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Intangible assets: 3 1,154,856 1,009,478
Tangible assets: 4 10,212 10,208
Investments: 5 1 1
Total fixed assets: 1,165,069 1,019,687
Current assets
Debtors:   1,147,503 766,075
Cash at bank and in hand: 497,027 21,367
Total current assets: 1,644,530 787,442
Creditors: amounts falling due within one year:   (1,809,647) (1,212,510)
Net current assets (liabilities): (165,117) (425,068)
Total assets less current liabilities: 999,952 594,619
Creditors: amounts falling due after more than one year:   (29,167) (79,167)
Total net assets (liabilities): 970,785 515,452
Capital and reserves
Called up share capital: 12,773 12,756
Share premium account: 201,164 201,164
Profit and loss account: 756,848 301,532
Shareholders funds: 970,785 515,452

The notes form part of these financial statements

FLOCK ASSOCIATES LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 April 2025
and signed on behalf of the board by:

Name: Simon Francis
Status: Director

The notes form part of these financial statements

FLOCK ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 is reduced for estimated customer returns, rebates and other similar allowances. Rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Tangible fixed assets and depreciation policy

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: Branding 33% straight line Web Site 33% straight line Fixtures & Fittings 33% straight line Computer Equipment 33% straight line

Intangible fixed assets and amortisation policy

Intangible fixed assets are the external and internal costs incurred on our bespoke tools. The costs are amortised to the profit and loss account over their estimated economic life of four years.

FLOCK ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 20 21

FLOCK ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 1,926,319
Additions 603,389
At 31 December 2024 2,529,708
Amortisation
At 01 January 2024 916,841
Charge for year 458,011
At 31 December 2024 1,374,852
Net book value
At 31 December 2024 1,154,856
At 31 December 2023 1,009,478

FLOCK ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 103,874
Additions 7,890
At 31 December 2024 111,764
Depreciation
At 01 January 2024 93,666
Charge for year 7,886
At 31 December 2024 101,552
Net book value
At 31 December 2024 10,212
At 31 December 2023 10,208

FLOCK ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Fixed investments

Investment in subsidiary undertaking