Flex Enterprises Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10695909

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		134,287		114,030

			134,287		114,030
CURRENT ASSETS
Debtors	5	119,944		137,477
Cash at bank and in hand		15,291		23,381

		135,235		160,858
Creditors: Amounts Falling Due Within One Year	6	(6,040 )		(17,650 )

NET CURRENT ASSETS (LIABILITIES)			129,195		143,208

TOTAL ASSETS LESS CURRENT LIABILITIES			263,482		257,238

Creditors: Amounts Falling Due After More Than One Year	7		(15,000 )		(25,000 )

NET ASSETS			248,482		232,238

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			248,382		232,138

SHAREHOLDERS' FUNDS			248,482		232,238

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Flex Enterprises 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

On behalf of the board

Miss Sasha Walton

Director

27 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Flex Enterprises Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10695909 . The registered office is Unit 25, Tradebase Industrial Estate, The Street, Catfield, Great Yarmouth, NR29 5AA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention 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.

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.

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.

2.3. Tangible Fixed Assets and Depreciation

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:

Freehold	0% per annum
Motor Vehicles	25% cost per annum

2.4. 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 year 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Flex Enterprises Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.4. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2024	105,000	21,920	126,920
Additions	-	34,250	34,250

As at 31 March 2025	105,000	56,170	161,170

Depreciation
As at 1 April 2024	-	12,890	12,890
Provided during the period	-	13,993	13,993

As at 31 March 2025	-	26,883	26,883

Net Book Value
As at 31 March 2025	105,000	29,287	134,287

As at 1 April 2024	105,000	9,030	114,030

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	2,500
Other debtors	119,844	134,877
Called up share capital not paid	100	100

	119,944	137,477

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Flex Enterprises Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	500	501
Corporation tax	-	11,609
Accruals and deferred income	5,540	5,540

	6,040	17,650

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

	2025	2024
	£	£
Bank loans	15,000	25,000

8. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	100	100

Amount of Allotted, Called Up Share Capital	100	100

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