1 November 2024 false No description of principal activity Taxfiler 2024.6 true 12928994 business:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 12928994 2024-10-31 12928994 2024-11-01 2025-10-31 12928994 business:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 12928994 business:FilletedAccounts 2024-11-01 2025-10-31 12928994 2025-10-31 12928994 business:Director1 2024-11-01 2025-10-31 12928994 business:RegisteredOffice 2024-11-01 2025-10-31 12928994 2024-10-31 12928994 core:WithinOneYear 2025-10-31 12928994 core:WithinOneYear 2024-10-31 12928994 core:ShareCapital core:PreviouslyStatedAmount 2025-10-31 12928994 core:ShareCapital core:PreviouslyStatedAmount 2024-10-31 12928994 core:SharePremium core:PreviouslyStatedAmount 2025-10-31 12928994 core:SharePremium core:PreviouslyStatedAmount 2024-10-31 12928994 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-10-31 12928994 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-10-31 12928994 core:PreviouslyStatedAmount 2025-10-31 12928994 core:PreviouslyStatedAmount 2024-10-31 12928994 business:SmallEntities 2024-11-01 2025-10-31 12928994 countries:EnglandWales 2024-11-01 2025-10-31 12928994 core:Goodwill 2024-10-31 12928994 core:IntangibleAssetsOtherThanGoodwill 2024-10-31 12928994 core:Goodwill 2024-11-01 2025-10-31 12928994 core:IntangibleAssetsOtherThanGoodwill 2024-11-01 2025-10-31 12928994 core:Goodwill 2025-10-31 12928994 core:IntangibleAssetsOtherThanGoodwill 2025-10-31 12928994 core:WithinOneYear 2024-11-01 2025-10-31 12928994 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12928994 (England and Wales)
Flowtrace Ltd Unaudited accounts for the year ended 31 October 2025
Flowtrace Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Flowtrace Ltd Company Information for the year ended 31 October 2025
Director
Petri Juhani Lehtonen
Company Number
12928994 (England and Wales)
Registered Office
86-90 Paul Street London England EC2A 4NE United Kingdom
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
- 3 -
Flowtrace Ltd Accountants' report
Accountants' report to the director of Flowtrace Ltd on the preparation of the unaudited statutory accounts for the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Flowtrace Ltd for the year ended 31 October 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Flowtrace Ltd , as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Flowtrace Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Flowtrace Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Flowtrace Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Flowtrace Ltd . You consider that Flowtrace Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Flowtrace Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY 3 February 2026
- 4 -
Flowtrace Ltd Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
2,500
-
Current assets
Debtors
5
9,386
8,313
Cash at bank and in hand
14,526
5,077
23,912
13,390
Creditors: amounts falling due within one year
6
(19,557)
(41,500)
Net current assets/(liabilities)
4,355
(28,110)
Net assets/(liabilities)
6,855
(28,110)
Capital and reserves
Called up share capital
1
1
Share premium
97,875
97,875
Profit and loss account
(91,021)
(125,986)
Shareholders' funds
6,855
(28,110)
For the year ending 31 October 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 February 2026 and were signed on its behalf by
Petri Juhani Lehtonen Director Company Registration No. 12928994
- 5 -
Flowtrace Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Flowtrace Ltd is a private company, limited by shares, registered in England and Wales, registration number 12928994. The registered office is 86-90 Paul Street, London, England, EC2A 4NE, United Kingdom .
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Presentation currency
The accounts are presented in £ sterling.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Going concern
The financial statements were prepared on a going concern basis, which assumes that the company will continue to operate for the foreseeable future. The director has stated their commitment to sustaining the company's operations.
4
Intangible fixed assets
Goodwill
Other
Total
£
£
£
Cost
At 1 November 2024
-
-
-
Additions
3,000
-
3,000
At 31 October 2025
3,000
-
3,000
Amortisation
At 1 November 2024
-
-
-
Charge for the year
-
500
500
At 31 October 2025
-
500
500
Net book value
At 31 October 2025
3,000
(500)
2,500
- 6 -
Flowtrace Ltd Notes to the Accounts for the year ended 31 October 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
1,089
367
Accrued income and prepayments
192
86
Other debtors
8,105
7,860
9,386
8,313
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
18
-
Taxes and social security
157
-
Loans from directors
19,382
41,500
19,557
41,500
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 7 -