FLOW N VALUE LIMITED


1 June 2019 false No description of principal activity Taxfiler 2020.12 11370887business:PrivateLimitedCompanyLtd2019-06-012020-05-31 113708872019-05-31 113708872019-06-012020-05-31 11370887business:AuditExempt-NoAccountantsReport2019-06-012020-05-31 11370887business:FullAccounts2019-06-012020-05-31 113708872020-05-31 11370887business:Director12019-06-012020-05-31 11370887business:RegisteredOffice2019-06-012020-05-31 113708872019-05-31 11370887core:WithinOneYear2020-05-31 11370887core:WithinOneYear2019-05-31 11370887core:RetainedEarningsAccumulatedLosses2020-05-31 11370887core:RetainedEarningsAccumulatedLosses2019-05-31 11370887business:SmallEntities2019-06-012020-05-31 11370887countries:EnglandWales2019-06-012020-05-31 11370887core:ComputerEquipment2019-06-012020-05-31 11370887core:ComputerEquipment2019-05-31 11370887core:ComputerEquipment2020-05-31 113708872018-05-182019-05-31 iso4217:GBP xbrli:pure
Company Registration No. 11370887 (England and Wales)
FLOW N VALUE LIMITED Unaudited accounts for the year ended 31 May 2020
FLOW N VALUE LIMITED Unaudited accounts Contents
Page
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FLOW N VALUE LIMITED Company Information for the year ended 31 May 2020
Director
Aditya Vadaganadam
Company Number
11370887 (England and Wales)
Registered Office
90 Cotelands Croydon Surrey CR0 5UF
Accountants
Binks Overseas Ltd Eastway Enterprise Centre 7 Paynes Park Hitchin Hertfordshire SG5 1EH
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FLOW N VALUE LIMITED Statement of financial position as at 31 May 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,288 
1,861 
Current assets
Debtors
320 
138 
Cash at bank and in hand
157,073 
77,740 
157,393 
77,878 
Creditors: amounts falling due within one year
(38,331)
(38,878)
Net current assets
119,062 
39,000 
Net assets
120,350 
40,861 
Capital and reserves
Profit and loss account
120,350 
40,861 
Shareholders' funds
120,350 
40,861 
For the year ending 31 May 2020 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 20 October 2020 and were signed on its behalf by
Aditya Vadaganadam Director Company Registration No. 11370887
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FLOW N VALUE LIMITED Notes to the Accounts for the year ended 31 May 2020
1
Statutory information
FLOW N VALUE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11370887. The registered office is 90 Cotelands, Croydon, Surrey, CR0 5UF.
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.
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:
Computer equipment
25% Straight Line Basis
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2019
2,290 
At 31 May 2020
2,290 
Depreciation
At 1 June 2019
429 
Charge for the year
573 
At 31 May 2020
1,002 
Net book value
At 31 May 2020
1,288 
At 31 May 2019
1,861 
5
Debtors
2020 
2019 
£ 
£ 
VAT
315 
- 
Trade debtors
- 
18 
Other debtors
5 
120 
320 
138 
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FLOW N VALUE LIMITED Notes to the Accounts for the year ended 31 May 2020
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade creditors
1,310 
1,618 
Taxes and social security
36,621 
37,210 
Other creditors
400 
50 
38,331 
38,878 
7
Average number of employees
During the year the average number of employees was 2 (2019: 2).
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