Company Registration No. SC418102 (Scotland)
Flowtation Music Ltd
Unaudited accounts
for the year ended 28 February 2026
Flowtation Music Ltd
Unaudited accounts
Contents
Flowtation Music Ltd
Company Information
for the year ended 28 February 2026
Company Number
SC418102 (Scotland)
Registered Office
1 LINGBANK TERRACE
PETERHEAD
ABERDEENSHIRE
AB42 2UN
Flowtation Music Ltd
Statement of financial position
as at 28 February 2026
Cash at bank and in hand
1,542
1,106
Creditors: amounts falling due within one year
(1,180)
(8,047)
Net current assets/(liabilities)
362
(6,941)
Total assets less current liabilities
424
(5,057)
Creditors: amounts falling due after more than one year
2,753
5,303
Called up share capital
2
2
Profit and loss account
3,175
244
Shareholders' funds
3,177
246
For the year ending 28 February 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 3 November 2026 and were signed on its behalf by
David Henderson
Director
Company Registration No. SC418102
Flowtation Music Ltd
Notes to the Accounts
for the year ended 28 February 2026
Flowtation Music Ltd is a private company, limited by shares, registered in Scotland, registration number SC418102. The registered office is 1 LINGBANK TERRACE, PETERHEAD, ABERDEENSHIRE, AB42 2UN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
25% Reducing Balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2025
33,230
2,709
35,939
At 28 February 2026
33,230
2,988
36,218
At 1 March 2025
31,727
2,328
34,055
Charge for the year
1,503
598
2,101
At 28 February 2026
33,230
2,926
36,156
At 28 February 2026
-
62
62
At 28 February 2025
1,503
381
1,884
5
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
1,180
3,247
Flowtation Music Ltd
Notes to the Accounts
for the year ended 28 February 2026
6
Creditors: amounts falling due after more than one year
2026
2025
Loans from directors
(4,748)
(8,991)
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).