FLEXIBLE MANUFACTURING SYSTEMS LIMITED

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T D Marlow

Mrs S Marlow

SECRETARY:

T D Marlow

REGISTERED OFFICE:

1 Abbots Quay

Monks Ferry

Birkenhead

Merseysde

CH41 5LH

REGISTERED NUMBER:

01751817 (England and Wales)

ACCOUNTANTS:

DJH Wirral & Chester Limited

1 Abbots Quay

Monks Ferry

Birkenhead

CH41 5LH

FIXED ASSETS

Tangible assets

4

438,446

450,783

CURRENT ASSETS

Debtors

5

3,556

3,745

Cash at bank

218,074

244,318

221,630

248,063

CREDITORS

Amounts falling due within one year

6

35,447

45,736

NET CURRENT ASSETS

186,183

202,327

TOTAL ASSETS LESS CURRENT LIABILITIES

624,629

653,110

ACCRUALS AND DEFERRED INCOME

40,995

42,165

NET ASSETS

583,634

610,945

CAPITAL AND RESERVES

Called up share capital

100

100

Capital redemption reserve

176,900

176,900

Retained earnings

406,634

433,945

SHAREHOLDERS' FUNDS

583,634

610,945

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th December 2025 and were signed on its behalf by:

T D Marlow - Director

1.	STATUTORY INFORMATION

Flexible Manufacturing Systems Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Land - nil Buildings - 60 years

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Grants

Grants in respect of fixed assets are treated as deferred income and credited to the profit and loss account over the expected useful economic life of the relevant assets.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1st April 2024

and 31st March 2025

657,335

1,247

1,300

659,882

DEPRECIATION

At 1st April 2024

206,567

1,234

1,298

209,099

Charge for year

12,334

3

-

12,337

At 31st March 2025

218,901

1,237

1,298

221,436

NET BOOK VALUE

At 31st March 2025

438,434

10

2

438,446

At 31st March 2024

450,768

13

2

450,783

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,397

1,275

Other debtors

2,159

2,470

3,556

3,745

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,508

3,509

Taxation and social security

13,716

18,977

Other creditors

18,223

23,250

35,447

45,736

7.	RELATED PARTY DISCLOSURES

Included in other creditors is the sum of £5,605 (2024 - £3,605) owing to T D Marlow, the company's director.

Included in administrative expenses is a consultancy fee of £nil (2024 - £10,000) paid to the company's director, T D Marlow.

8.	CONTROLLING PARTIES

The company is under the control of T D Marlow the Company's director and shareholder