The Flower Lounge Ltd

The Flower Lounge Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	6,930	10,016
		6,930	10,016
Current assets
Stocks		3,500	3,500
Debtors: amounts falling due within one year		30,691	24,721
Cash at bank and in hand		19,690	16,761
		53,881	44,982
Creditors: amount falling due within one year		(57,565)	(29,677)
Net current assets		(3,684)	15,305

Total assets less current liabilities		3,246	25,321
Creditors: amount falling due after more than one year		(14,113)	(24,113)
Provisions for liabilities		(483)	(490)
Net assets		(11,350)	718

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(11,450)	618
Shareholders' funds		(11,350)	718

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 30 December 2025 and were signed by:

-------------------------------
Sian Wild
Director

The Flower Lounge Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

The Flower Lounge Ltd is a private company, limited by shares, registered in England and Wales, registration number 07523714, registration address C/O Burton Varley Ltd , Suite 3, 2nd Floor, Didsbury House, 748-754 Wilmslow Road, Manchester, M20 2DW.

Accounting policies

Significant accounting policies

Statement of compliance
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment	25% Reducing Balance
Fixtures and Fittings	20% Reducing Balance
Motor Vehicles	33% Reducing Balance

Stocks

Stocks 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 costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 5 (2024 : 6).

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 April 2024	25,000	8,894	5,200	39,094
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 March 2025	25,000	8,894	5,200	39,094
Depreciation
At 01 April 2024	16,903	7,583	4,592	29,078
Charge for year	2,672	262	152	3,086
On disposals	-	-	-	-
At 31 March 2025	19,575	7,845	4,744	32,164
Net book values
Closing balance as at 31 March 2025	5,425	1,049	456	6,930
Opening balance as at 01 April 2024	8,097	1,311	608	10,016

Share Capital

Authorised
100 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

Registered Number: 07523714
England and Wales
THE FLOWER LOUNGE LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025