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Company Registration No. 15817148 (England and Wales)
Flair Ai Limited Unaudited accounts for the year ended 31 July 2026
Flair Ai Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Flair Ai Limited Company Information for the year ended 31 July 2026
Director
Amit Biswas
Company Number
15817148 (England and Wales)
Registered Office
3 Hartington Road Southall UB2 5AU England
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Flair Ai Limited Statement of financial position as at 31 July 2026
2026
2025
Notes
£
£
Current assets
Debtors
4
664
970
Cash at bank and in hand
11,883
20,649
12,547
21,619
Creditors: amounts falling due within one year
5
(117,200)
(80,583)
Net current liabilities
(104,653)
(58,964)
Net liabilities
(104,653)
(58,964)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(104,753)
(59,064)
Shareholders' funds
(104,653)
(58,964)
For the year ending 31 July 2026 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 10 August 2026 and were signed on its behalf by
Amit Biswas Director Company Registration No. 15817148
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Flair Ai Limited Notes to the Accounts for the year ended 31 July 2026
1
Statutory information
Flair Ai Limited is a private company, limited by shares, registered in England and Wales, registration number 15817148. The registered office is 3 Hartington Road, Southall, UB2 5AU, 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.
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.
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.
Going concern
At the balance sheet date, the company's liabilities exceeded its assets by £104,653. The company continues to obtain profitable sales and the directors are confident of a return to solvency in the foreseeable future. In the circumstances, these financial statements have been prepared on a going concern basis.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted.
4
Debtors
2026
2025
£
£
Amounts falling due within one year
VAT
664
970
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Flair Ai Limited Notes to the Accounts for the year ended 31 July 2026
5
Creditors: amounts falling due within one year
2026
2025
£
£
Other creditors
116,400
79,783
Accruals
800
800
117,200
80,583
6
Transactions with related parties
Mr.A.Biswas is the sole director of the company. The company paid £46,200 to Lantrix Internet Solutions Ltd, a company controlled by K Cooke, who owns 19% of the issued share capital, for consultancy fees. The terms of the transaction were agreed on an arm's length basis.
7
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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