Flock-Living Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—8

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Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 01741615

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		101
Tangible Assets	5		20,268		26,650

			20,268		26,751
CURRENT ASSETS
Debtors	6	131,473		68,083
Cash at bank and in hand		416,980		366,454

		548,453		434,537
Creditors: Amounts Falling Due Within One Year	7	(233,277 )		(182,629 )

NET CURRENT ASSETS (LIABILITIES)			315,176		251,908

TOTAL ASSETS LESS CURRENT LIABILITIES			335,444		278,659

Creditors: Amounts Falling Due After More Than One Year	8		(31,429 )		(45,599 )

NET ASSETS			304,015		233,060

CAPITAL AND RESERVES
Called up share capital	11		200,000		200,000
Profit and Loss Account			104,015		33,060

SHAREHOLDERS' FUNDS			304,015		233,060

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Flock-Living Limited

Balance Sheet (continued)

As At 31 March 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 22 December 2025 and were signed on its behalf by:

Mrs A Sethia

Director

The notes on pages 4 to 8 form part of these financial statements.

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Flock-Living Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Flock-Living Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01741615 . The registered office is 58 New Cavendish Street, Lower Ground, London, W1G 8TH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

The financial statements have been prepared under the historical cost convention (except that as disclosed in the accounting policies certain items are shown at fair value) and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements are presented in Sterlings (£) and figures are shown to the nearest whole pound.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful ife as follows:

Asset Class	Amortisation method and rate
Website development costs	50% on reducing balance

2.4. Tangible Fixed Assets and Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows :

Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	33% on reducing balance

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Flock-Living Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.6. Financial Instruments

The financial assets and liabilities of the balance sheet are presented and evaluated in accordance with the various categories in accordance with IFRS 9.

Financial assets

Basic financial assets, including trade and other receivables, cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, including trade and other Payables, bank loans classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt transaction is measured at the present value of the future receipts discounted at a market rate of interest.

2.7. Foreign Currencies

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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.9. Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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Flock-Living Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.10. Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for atleast twelve months after the reporting date. If there is an unconditional right to defer settlement for atleast twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

2.11. Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid

investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 4)

4. Intangible Assets

	Website development costs
	£
Cost
As at 1 April 2024	6,567

As at 31 March 2025	6,567

Amortisation
As at 1 April 2024	6,466
Provided during the period	101

As at 31 March 2025	6,567

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	101

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Flock-Living Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	53,742	9,998	37,417	101,157
Additions	-	749	591	1,340
Disposals	-	(749 )	-	(749 )
Transfers	-	(3,330 )	3,330	-

As at 31 March 2025	53,742	6,668	41,338	101,748

Depreciation
As at 1 April 2024	32,027	5,547	36,933	74,507
Provided during the period	5,429	280	1,264	6,973

As at 31 March 2025	37,456	5,827	38,197	81,480

Net Book Value
As at 31 March 2025	16,286	841	3,141	20,268

As at 1 April 2024	21,715	4,451	484	26,650

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	58,490	27,805
Other debtors	72,983	38,593

	131,473	66,398
Due after more than one year
Other debtors	-	1,685

	131,473	68,083

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	8,655	8,221
Trade creditors	19,148	4,888
Bank loans and overdrafts	5,383	5,252
Other creditors	140,932	148,450
Taxation and social security	59,159	15,818

	233,277	182,629

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Flock-Living Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	6,794	15,449
Bank loans	24,635	30,150

	31,429	45,599

9. Loans

An analysis of the maturity of loans is given below:

	2025	2024
	£	£
Amounts falling due within one year or on demand:
Bank loans	5,383	5,252

	2025	2024
	£	£
Amounts falling due between one and five years:
Bank loans	24,635	30,150

Bounce back loan balance of £30,018 (2024: £35,401), repayable in equal monthly instalments of £517.48.

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	8,655	8,221
Later than one year and not later than five years	6,794	15,449

	15,449	23,670

	15,449	23,670

Hire purchase liability of £15,449 (2024: £23,670), repayable in equal monthly instalments of £770.81.

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200,000	200,000

12. Related Party Disclosures

At the balance sheet date for March 2025, the company owed £314.69 to the Director. In the previous year (March 2024), the Director owed £1,685 to the company.

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Directors	Mrs A Sethia
	Mr R Sethia
	Mr V Sethia

Secretary	Mrs A Sethia

Company Number	01741615

Registered Office	58 New Cavendish Street
	Lower Ground
	London
	W1G 8TH

Accountants	Ripe LLP
	Chartered Accountants
	9A Burroughs Gardens
	London
	NW4 4AU