Company registration number: 03607694
Annual report and unaudited financial statements
for the year ended 31 January 2026
for
Fluid Technology Generation Limited
Pages for filing with the Registrar
Company registration number: 03607694
Fluid Technology Generation Limited
Balance sheet
as at 31 January 2026
31 Jan 26 31 Jan 25
Note £ £ £ £
Fixed assets
Tangible assets 4 95,220 74,379
95,220 74,379
Current assets
Stocks 521,290 567,110
Debtors 5 755,725 728,671
Cash at bank and in hand 894,628 811,509
2,171,643 2,107,290
Creditors: amounts falling due within one
year 		6 (484,362) (484,971)
Net current assets 1,687,281 1,622,319
Total assets less current liabilities 1,782,501 1,696,698
Provisions for liabilities (23,578) (18,318)
NET ASSETS 1,758,923 1,678,380
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 1,757,923 1,677,380
TOTAL EQUITY 1,758,923 1,678,380
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 03607694
Fluid Technology Generation Limited
Balance sheet - continued
as at 31 January 2026
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr H Cattell, Director
10 June 2026
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Fluid Technology Generation Limited
Notes to the financial statements
for the year ended 31 January 2026
1 Company information
Fluid Technology Generation Limited is a private company registered in England and Wales. Its registered number is 03607694. The company is limited by shares. Its registered office is Fluid Technology Generation Ltd, Drum House, Chester le Street, County Durham, DH2 1SR.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and Machinery - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Fluid Technology Generation Limited
Notes to the financial statements - continued
for the year ended 31 January 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
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During the year the average number of employees was 16 (2025 - 16).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 February 2025 365,529
Additions 52,581
At 31 January 2026 418,110
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Fluid Technology Generation Limited
Notes to the financial statements - continued
for the year ended 31 January 2026
4 Tangible fixed assets - continued
Depreciation
At 1 February 2025 291,150
Charge for year 31,740
At 31 January 2026 322,890
Net book value
At 31 January 2026 95,220
At 31 January 2025 74,379
5 Debtors
31 Jan 26 31 Jan 25
£ £
Trade debtors 750,300 719,421
Prepayments and accrued income 5,425 9,250
755,725 728,671
6 Creditors: amounts falling due within one year
31 Jan 26 31 Jan 25
£ £
Trade creditors 401,510 393,473
Other creditors 59,321 56,079
Taxation 23,531 35,419
484,362 484,971
7 Related party transactions
The Company is related by common directorships to Safechem Limited. During the year ended 31 January 2026 Fluid Technology Generation Limited (FTG) purchased goods and services from Safechem Limited to the value of £165951 (2025 £148958) and sold goods to Safechem Limited to the value of £1188212 (2025 £1217628). As at 31 January 2026 Safechem owed FTG £285537 (2025 £342156) and FTG owed Safechem £30886 (2025 £37742). All transactions were at market value.
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