Company Registration No. 03638249 (England and Wales)
FLP Solutions Ltd
Unaudited accounts
for the year ended 31 March 2025
FLP Solutions Ltd
Unaudited accounts
Contents
FLP Solutions Ltd
Company Information
for the year ended 31 March 2025
Directors
Matthew Boylin
Christopher Shaw
Company Number
03638249 (England and Wales)
Registered Office
2 Statham Court
Statham Street
Macclesfield
Cheshire
SK11 6XN
Accountants
Batesons
2 Statham Court
Statham Street
Macclesfield
Cheshire
SK11 6XN
FLP Solutions Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
38,637
24,395
Cash at bank and in hand
216,867
231,549
Creditors: amounts falling due within one year
(250,873)
(278,724)
Net current assets
365,043
363,840
Total assets less current liabilities
403,680
388,235
Provisions for liabilities
Deferred tax
(7,514)
(3,044)
Net assets
396,166
385,191
Called up share capital
6,000
6,000
Profit and loss account
390,166
379,191
Shareholders' funds
396,166
385,191
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by
Matthew Boylin
Director
Company Registration No. 03638249
FLP Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025
FLP Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 03638249. The registered office is 2 Statham Court, Statham Street, Macclesfield, Cheshire, SK11 6XN.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line basis
Plant & machinery
25% straight line basis
Motor vehicles
25% reducing balance basis
FLP Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
75,031
118,952
30,700
224,683
Additions
-
6,911
17,500
24,411
At 31 March 2025
75,031
125,863
48,200
249,094
At 1 April 2024
62,811
113,080
24,397
200,288
Charge for the year
4,582
2,188
3,399
10,169
At 31 March 2025
67,393
115,268
27,796
210,457
At 31 March 2025
7,638
10,595
20,404
38,637
At 31 March 2024
12,220
5,872
6,303
24,395
Amounts falling due within one year
Trade debtors
259,481
247,143
Accrued income and prepayments
54,611
53,375
FLP Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
12,654
-
Trade creditors
150,511
148,249
Taxes and social security
48,647
47,607
Other creditors
1,907
4,070
Loans from directors
3,486
-
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Deferred taxation
2025
2024
Accelerated capital allowances
7,514
3,044
Provision at start of year
3,044
2,860
Charged to the profit and loss account
4,470
184
Provision at end of year
7,514
3,044
Allotted, called up and fully paid:
6,000 Ordinary shares of £1 each
6,000
6,000
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Average number of employees
During the year the average number of employees was 15 (2024: 16).