Company Registration No. 12460263 (England and Wales)
Flux Digital Labs Ltd
Unaudited accounts
for the year ended 31 March 2025
Flux Digital Labs Ltd
Unaudited accounts
Contents
Flux Digital Labs Ltd
Company Information
for the year ended 31 March 2025
Company Number
12460263 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
Accountants
Newnham & Son Ltd
School Master's House
39 College Street
Petersfield
Hampshire
GU31 4AG
Flux Digital Labs Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
65,093
102,370
Creditors: amounts falling due within one year
(23,221)
(28,657)
Net current assets
54,265
76,018
Called up share capital
1
1
Profit and loss account
55,367
76,894
Shareholders' funds
55,368
76,895
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 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 17 November 2025 and were signed on its behalf by
Mr John Duboyski
Director
Company Registration No. 12460263
Flux Digital Labs Ltd
Notes to the Accounts
for the year ended 31 March 2025
Flux Digital Labs Ltd is a private company, limited by shares, registered in England and Wales, registration number 12460263. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
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.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.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.
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.
Flux Digital Labs Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
11,116
1,423
Accrued income and prepayments
443
48
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
14,040
11,336
Other creditors
2,433
1,756
Loans from directors
4,134
15,157
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).