Registration number: 04523150

Flexidig Limited

Contents

Company Information	1
Balance Sheet and Notes to the Financial Statements	2 to 8

Flexidig Limited

Company Information

Directors

A J Bett R Bett S Bett

Registered office

The Farm Office Ivy House Farm Yarburgh Louth Lincolnshire LN11 0PP

Flexidig Limited

(Registration number: 04523150)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,263,164	1,124,879
Current assets
Debtors	5	831,654	754,708
Cash at bank and in hand		62,432	80,763
		894,086	835,471
Creditors: Amounts falling due within one year	6	(751,972)	(661,989)
Net current assets		142,114	173,482
Total assets less current liabilities		1,405,278	1,298,361
Creditors: Amounts falling due after more than one year	6	(918,178)	(842,023)
Provisions for liabilities		(271,130)	(242,419)
Net assets		215,970	213,919
Capital and reserves
Called up share capital		51	51
Retained earnings		215,919	213,868
Shareholders' funds		215,970	213,919

For the financial year ending 30 September 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 accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 26 June 2026 and signed on its behalf by:
 

......................................... A J Bett Director

Flexidig Limited

(Registration number: 04523150)
Balance Sheet as at 30 September 2025

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital incorporated in England & Wales and the company registration number is 04523150.

The address of its registered office is:
The Farm Office
Ivy House Farm
Yarburgh
Louth
Lincolnshire
LN11 0PP

These financial statements cover the individual entity, Flexidig Limited.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the company and have been rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Flexidig Limited

(Registration number: 04523150)
Balance Sheet as at 30 September 2025

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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 ofdeferred 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	10% reducing balance
Fixtures, fittings & equipment	20% straight line
Motor vehicles	25% reducing balance

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Flexidig Limited

(Registration number: 04523150)
Balance Sheet as at 30 September 2025

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 23 (2024 - 17).

Flexidig Limited

(Registration number: 04523150)
Balance Sheet as at 30 September 2025

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 October 2024	177,091	1,439,277	435,091	2,051,459
Additions	25,000	147,652	157,240	329,892
Disposals	-	(81,500)	(7,800)	(89,300)
At 30 September 2025	202,091	1,505,429	584,531	2,292,051
Depreciation
At 1 October 2024	-	651,504	275,076	926,580
Charge for the year	-	95,783	79,108	174,891
Eliminated on disposal	-	(65,608)	(6,976)	(72,584)
At 30 September 2025	-	681,679	347,208	1,028,887
Carrying amount
At 30 September 2025	202,091	823,750	237,323	1,263,164
At 30 September 2024	177,091	787,773	160,015	1,124,879

Included within the net book value of land and buildings above is £202,091 (2024 - £177,091) in respect of freehold land and buildings.
 

Flexidig Limited

(Registration number: 04523150)
Balance Sheet as at 30 September 2025

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

5

Debtors

Current	Note	2025 £	2024 £
Trade debtors		210,201	124,526
Amounts owed by related parties	9	1,000	136
Prepayments		15,000	18,358
Other debtors		605,453	611,688
		831,654	754,708

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	7	326,915	339,799
Trade creditors		243,177	120,957
Taxation and social security		98,262	145,431
Accruals and deferred income		15,231	14,854
Other creditors		68,387	40,948
		751,972	661,989