1 January 2025 false No description of principal activity Taxfiler 2024.6 13153970 business:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 13153970 2024-12-31 13153970 2025-01-01 2025-12-31 13153970 business:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 13153970 business:AbridgedAccounts 2025-01-01 2025-12-31 13153970 2025-12-31 13153970 2024-12-31 13153970 core:WithinOneYear 2025-12-31 13153970 core:WithinOneYear 2024-12-31 13153970 core:ShareCapital core:PreviouslyStatedAmount 2025-12-31 13153970 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 13153970 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-12-31 13153970 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 13153970 core:PreviouslyStatedAmount 2025-12-31 13153970 core:PreviouslyStatedAmount 2024-12-31 13153970 business:SmallEntities 2025-01-01 2025-12-31 13153970 business:Director2 2025-01-01 2025-12-31 13153970 countries:EnglandWales 2025-01-01 2025-12-31 13153970 business:RegisteredOffice 2025-01-01 2025-12-31 13153970 core:PlantMachinery 2025-01-01 2025-12-31 13153970 core:MotorVehicles 2025-01-01 2025-12-31 13153970 core:FurnitureFittings 2025-01-01 2025-12-31 13153970 core:ComputerEquipment 2025-01-01 2025-12-31 13153970 core:AcceleratedTaxDepreciationDeferredTax 2025-12-31 13153970 core:AcceleratedTaxDepreciationDeferredTax 2024-12-31 13153970 2023-12-31 13153970 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 13153970 (England and Wales)
FILIMIZE LTD Unaudited accounts for filing with the registrar for the year ended 31 December 2025
FILIMIZE LTD Unaudited accounts for filing with the registrar Contents
Page
Statement of financial position
3
Notes to the accounts
4
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FILIMIZE LTD Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
68,699
80,810
Current assets
Inventories
14,110
15,652
Debtors
8,145
10,746
Cash at bank and in hand
82,500
62,896
104,755
89,294
Creditors: amounts falling due within one year
(116,727)
(109,269)
Net current liabilities
(11,972)
(19,975)
Total assets less current liabilities
56,727
60,835
Provisions for liabilities
Deferred tax
5
(17,175)
(20,203)
Net assets
39,552
40,632
Capital and reserves
Called up share capital
100
100
Profit and loss account
39,452
40,532
Shareholders' funds
39,552
40,632
For the year ending 31 December 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 7 April 2026 and were signed on its behalf by
Nicco Dela Cruz Director Company Registration No. 13153970
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FILIMIZE LTD Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
FILIMIZE LTD is a private company, limited by shares, registered in England and Wales, registration number 13153970. The registered office is 4A TRAVELLERS LANE, WELHAM GREEN, HATFIELD, AL9 7HF, ENGLAND.
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.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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FILIMIZE LTD Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 January 2025
106,459
Additions
4,097
At 31 December 2025
110,556
Depreciation
At 1 January 2025
25,649
Charge for the year
16,208
At 31 December 2025
41,857
Net book value
At 31 December 2025
68,699
At 31 December 2024
80,810
5
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
17,175
20,203
2025
2024
£
£
Provision at start of year
20,203
12,581
(Credited)/charged to the profit and loss account
(3,028)
7,622
Provision at end of year
17,175
20,203
6
Transactions with related parties
At 31 December 2025 loans owed to the directors totalled £87,392 (2024: £76,775). These loans are interest free and repayable on demand.
7
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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