Flame Visuals Ltd - Filleted accounts

Registered number

05576364

Flame Visuals Ltd

Filleted Accounts

31 March 2025

Flame Visuals Ltd
Registered number:		05576364
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		8,676			15,278
Investments	4		-			55,000
			8,676			70,278

Current assets
Debtors	5	200,050			234,470
Cash at bank and in hand		28,229			7,227
		228,279			241,697

Creditors: amounts falling due within one year	6	(93,638)			(62,425)

Net current assets			134,641			179,272

Total assets less current liabilities			143,317			249,550

Creditors: amounts falling due after more than one year	7		(166,776)			(171,774)



Net liabilities			(23,459)			77,776

Capital and reserves
Called up share capital			2			2
Profit and loss account			(23,461)			77,774

Shareholders' funds			(23,459)			77,776

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




S Sikdar
Director
Approved by the board on 27 April 2026

Flame Visuals Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).


	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years


	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.


	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.




	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	1,503		20,753		22,256
	At 31 March 2025	1,503		20,753		22,256

	Depreciation
	At 1 April 2024	752		6,226		6,978
	Charge for the year	376		6,226		6,602
	At 31 March 2025	1,128		12,452		13,580

	Net book value
	At 31 March 2025	375		8,301		8,676
	At 31 March 2024	751		14,527		15,278


4	Investments

Other
investments
£
	Cost
	At 1 April 2024					55,000
	Disposals					(55,000)

	At 31 March 2025					-




5	Debtors			2025		2024
£					£

	Trade debtors			2,650		4,570
	Other debtors			197,400		229,900
				200,050		234,470


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			19,986		11,465
	Directors loans			48,181		33,749
	Taxation and social security costs			(2,079)		14,661
	Other creditors			27,550		2,550
				93,638		62,425

	The directors undertake not to remove their loans to the detriment of the creditors.


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			21,084		24,874
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			145,692		146,900
				166,776		171,774


8	Other information

	Flame Visuals Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	131B Honor Oak Road,
	London,
	SE23 3SL