Flying Doors Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 10240802 (England and Wales)

Unaudited Financial Statements For The Year Ended 30 September 2022

for

Flying Doors Ltd

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

A E Patterson

Registered office:

Clamarpen 17 Napier Court

Gander Lane

Barlborough

Chesterfield

Derbyshire

S43 4PZ

Registered number:

10240802 (England and Wales)

Accountants:

Chris Edwards

Chartered Accountants

Clamarpen 17 Napier Court

Gander Lane

Barlborough

Chesterfield

Derbyshire

S43 4PZ

Fixed assets

Tangible assets

4

2,372

749

Current assets

Debtors

5

62,949

-

Cash at bank

252,340

647,101

315,289

647,101

Creditors

Amounts falling due within one year

6

104,397

335,681

Net current assets

210,892

311,420

Total assets less current liabilities

213,264

312,169

Capital and reserves

Called up share capital

2

2

Retained earnings

213,262

312,167

213,264

312,169

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 December 2022 and were signed by:

A E Patterson - Director

1.	Statutory information

Flying Doors Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

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.

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 tax

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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	Employees and directors

The average number of employees during the year was NIL (2021 - NIL).

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 October 2021

1,124

Additions

2,997

At 30 September 2022

4,121

Depreciation

At 1 October 2021

375

Charge for year

1,374

At 30 September 2022

1,749

Net book value

At 30 September 2022

2,372

At 30 September 2021

749

5.

Debtors: amounts falling due within one year

2022

2021

£

£

Other debtors

62,949

-

6.

Creditors: amounts falling due within one year

2022

2021

£

£

Trade creditors

19,941

15,682

Taxation and social security

9,117

310,536

Other creditors

75,339

9,463

104,397

335,681