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Company No: 05471488 (England and Wales)

# FLOODMATIK LTD

### Unaudited Financial Statements
For the financial year ended 30 June 2025
Pages for filing with the registrar

FLOODMATIK LTD

## Unaudited Financial Statements

For the financial year ended 30 June 2025

Contents

FLOODMATIK LTD

## BALANCE SHEET

As at 30 June 2025
FLOODMATIK LTD

## BALANCE SHEET (continued)

As at 30 June 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Intangible assets | 3 | 40,450 |  | 40,450
Tangible assets | 4 | 48,872 |  | 60,544
|  | 89,322 |  | 100,994
Current assets |  |  |  |
Stocks | 5 | 6,571 |  | 1,493
Debtors | 6 | 56,897 |  | 36,971
|  | 63,468 |  | 38,464
Creditors: amounts falling due within one year | 7 | ( 246,107) |  | ( 189,346)
Net current liabilities |  | (182,639) |  | (150,882)
Total assets less current liabilities |  | (93,317) |  | (49,888)
Creditors: amounts falling due after more than one year | 8 | ( 49,260) |  | ( 49,260)
Net liabilities |  | ( 142,577) |  | ( 99,148)
Capital and reserves |  |  |  |
Called-up share capital | 9 | 100 |  | 100
Profit and loss account |  | ( 142,677 ) |  | ( 99,248 )
Total shareholders' deficit |  | ( 142,577) |  | ( 99,148)

For the financial year ending 30 June 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 financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Floodmatik Ltd (registered number: 05471488) were approved and authorised for issue by the Board of Directors on 09 March 2026. They were signed on its behalf by:

G T Evans Director |

FLOODMATIK LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025
FLOODMATIK LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Floodmatik Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, TR1 2NA, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The Company is currently loss-making and has negative reserves, which are indicators of potential concern regarding its ability to continue as a going concern. However, the directors have a reasonable expectation that, with their continued financial support—amounting to £168,065 at year end—the Company will have sufficient resources to meet its obligations for at least 12 months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on a going concern basis.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets | not amortised

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. | 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss.
If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

##### Grant income

Grant income is are recognised based on the accrual model and is measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 0 |  | 0

#### 3. Intangible assets

| Other intangible assets |  | Total
| £ |  | £
Cost |  |  |
At 01 July 2024 | 40,450 |  | 40,450
At 30 June 2025 | 40,450 |  | 40,450
Accumulated amortisation |  |  |
At 01 July 2024 | 0 |  | 0
At 30 June 2025 | 0 |  | 0
Net book value |  |  |
At 30 June 2025 | 40,450 |  | 40,450
At 30 June 2024 | 40,450 |  | 40,450

#### 4. Tangible assets

| Plant and machinery etc. |  | Total
| £ |  | £
Cost |  |  |
At 01 July 2024 | 68,065 |  | 68,065
Additions | 504 |  | 504
At 30 June 2025 | 68,569 |  | 68,569
Accumulated depreciation |  |  |
At 01 July 2024 | 7,521 |  | 7,521
Charge for the financial year | 12,176 |  | 12,176
At 30 June 2025 | 19,697 |  | 19,697
Net book value |  |  |
At 30 June 2025 | 48,872 |  | 48,872
At 30 June 2024 | 60,544 |  | 60,544

#### 5. Stocks

| 2025 |  | 2024
| £ |  | £
Stocks | 6,571 |  | 1,493

#### 6. Debtors

| 2025 |  | 2024
| £ |  | £
VAT recoverable | 623 |  | 950
Other debtors | 56,274 |  | 36,021
| 56,897 |  | 36,971

#### 7. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank overdrafts | 17,378 |  | 19,304
Trade creditors | 56,364 |  | 56,262
Other taxation and social security | 0 |  | 889
Other creditors | 172,365 |  | 112,891
| 246,107 |  | 189,346

There are no amounts included above in respect of which any security has been given by the small entity.

#### 8. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Other creditors | 49,260 |  | 49,260

There are no amounts included above in respect of which any security has been given by the small entity.

#### 9. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary Shares shares of £ 1.00 each | 100 |  | 100