Fluidity Supply Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11258995

Fluidity Supply Limited

Filleted Unaudited Financial Statements

31 March 2025

Fluidity Supply Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Fluidity Supply Limited

Statement of Financial Position

31 March 2025

	2025	2024
		(restated)
Note	£	£

Fixed assets

Tangible assets	5	–	762

Current assets

Debtors	6	279,990	223,273
Cash at bank and in hand		880	5,229
		---------	---------
		280,870	228,502

Creditors: amounts falling due within one year	7	1,459	6,354
		---------	---------
Net current assets		279,411	222,148
		---------	---------
Total assets less current liabilities		279,411	222,910
		---------	---------
Net assets		279,411	222,910
		---------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	279,410	222,909
	---------	---------
Shareholders funds	279,411	222,910
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 30 December 2025 , and are signed on behalf of the board by:

Mr T Roy

Director

Company registration number: 11258995

Fluidity Supply Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2a Herne Business Park, Herne Bay, England, CT6 7FE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Equipment
	£
Cost
At 1 April 2024 (as restated) and 31 March 2025	6,471
	-------
Depreciation
At 1 April 2024	5,709
Charge for the year	762
	-------
At 31 March 2025	6,471
	-------
Carrying amount
At 31 March 2025	–
	-------
At 31 March 2024	762
	-------

6. Debtors

	2025	2024
		(restated)
	£	£
Trade debtors	2,037	1,121
Amounts owed by group undertakings and undertakings in which the company has a participating interest	47,411	( 8,000)
Other debtors	230,542	230,152
	---------	---------
	279,990	223,273
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
		(restated)
	£	£
Trade creditors	1,359	1,147
Amounts owed to group undertakings and undertakings in which the company has a participating interest	–	( 5,000)
Other creditors	100	–
Other creditors	–	10,207
	-------	--------
	1,459	6,354
	-------	--------

At the balance sheet date, Barclays Security Trustee Limited hold fixed and floating charges over the property or undertakings of the company.

8. Directors' advances, credits and guarantees

At the year end date, a director owed the company £1,300 (2024: £nil). During the year, advances were made amounting to £1,300. No repayments were made.

9. Related party transactions

At the year end the company had outstanding balances due to and from group companies amounting to £194,150 (2024: £189,150) and £106,296 (2024: £50,885), respectively.

10. Controlling party

The ultimate parent company is Talmead Holdings Ltd (company number: 11255179), a company registered in England & Wales. The registered address of the ultimate controlling party is 2a Herne Business Park, Herne Bay, England, CT6 7FE.