FLEXITEEK SERVICE CENTRE LTD

FLEXITEEK SERVICE CENTRE LTD

FLEXITEEK SERVICE CENTRE LTD - Company Information

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1 January 2020 false No description of principal activity Taxfiler 2021.7 7313269business:PrivateLimitedCompanyLtd2020-01-012020-12-31 73132692019-12-31 73132692020-01-012020-12-31 7313269business:AuditExemptWithAccountantsReport2020-01-012020-12-31 7313269business:FullAccounts2020-01-012020-12-31 73132692020-12-31 7313269business:Director12020-01-012020-12-31 7313269business:Director22020-01-012020-12-31 7313269business:RegisteredOffice2020-01-012020-12-31 73132692019-12-31 7313269core:WithinOneYear2020-12-31 7313269core:WithinOneYear2019-12-31 7313269core:ShareCapital2020-12-31 7313269core:ShareCapital2019-12-31 7313269core:RevaluationReserve2020-12-31 7313269core:RevaluationReserve2019-12-31 7313269core:RetainedEarningsAccumulatedLosses2020-12-31 7313269core:RetainedEarningsAccumulatedLosses2019-12-31 7313269business:SmallEntities2020-01-012020-12-31 7313269countries:EnglandWales2020-01-012020-12-31 7313269core:LandBuildings2020-01-012020-12-31 7313269core:PlantMachinery2020-01-012020-12-31 7313269core:MotorVehicles2020-01-012020-12-31 7313269core:FurnitureFittings2020-01-012020-12-31 7313269core:ComputerEquipment2020-01-012020-12-31 7313269core:PlantMachinery2019-12-31 7313269core:MotorVehicles2019-12-31 7313269core:PlantMachinery2020-12-31 7313269core:MotorVehicles2020-12-31 7313269business:OrdinaryShareClass12020-01-012020-12-31 7313269business:OrdinaryShareClass12019-01-012019-12-31 73132692019-01-012019-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 7313269 (England and Wales)
FLEXITEEK SERVICE CENTRE LTD Unaudited accounts for the year ended 31 December 2020
FLEXITEEK SERVICE CENTRE LTD Unaudited accounts Contents
Page
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FLEXITEEK SERVICE CENTRE LTD Company Information for the year ended 31 December 2020
Directors
Mr Robert Tilney Erik Tomas Gustafsson
Company Number
7313269 (England and Wales)
Registered Office
UNIT 21A HAMBLE YACHT SERVICES PORT HAMB HAMBLE SOUTHAMPTON HAMPSHIRE SO31 4NN
Accountants
CASA Accountancy & Bookkeeping Ltd 17 Lipizzaner Fields Whiteley Fareham Hampshire PO15 7BH
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FLEXITEEK SERVICE CENTRE LTD Statement of financial position as at 31 December 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
32,326 
55,325 
Current assets
Inventories
136,768 
62,701 
Debtors
5
222,111 
428,409 
Cash at bank and in hand
125,537 
130,702 
484,416 
621,812 
Creditors: amounts falling due within one year
6
(177,216)
(379,672)
Net current assets
307,200 
242,140 
Net assets
339,526 
297,465 
Capital and reserves
Called up share capital
7
100 
100 
Revaluation reserve
970 
970 
Profit and loss account
338,456 
296,395 
Shareholders' funds
339,526 
297,465 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 3 June 2021 and were signed on its behalf by
Mr Robert Tilney Director Company Registration No. 7313269
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FLEXITEEK SERVICE CENTRE LTD Notes to the Accounts for the year ended 31 December 2020
1
Statutory information
FLEXITEEK SERVICE CENTRE LTD is a private company, limited by shares, registered in England and Wales, registration number 7313269. The registered office is UNIT 21A HAMBLE YACHT SERVICES PORT HAMB, HAMBLE, SOUTHAMPTON, HAMPSHIRE, SO31 4NN.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25%
Plant & machinery
25%
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2020
64,953 
16,299 
81,252 
Disposals
- 
(16,299)
(16,299)
At 31 December 2020
64,953 
- 
64,953 
Depreciation
At 1 January 2020
21,852 
4,075 
25,927 
Charge for the year
10,775 
- 
10,775 
On disposals
- 
(4,075)
(4,075)
At 31 December 2020
32,627 
- 
32,627 
Net book value
At 31 December 2020
32,326 
- 
32,326 
At 31 December 2019
43,101 
12,224 
55,325 
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FLEXITEEK SERVICE CENTRE LTD Notes to the Accounts for the year ended 31 December 2020
5
Debtors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade debtors
204,026 
407,961 
Other debtors
18,085 
20,448 
222,111 
428,409 
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
VAT
5,282 
24,106 
Trade creditors
59,520 
109,436 
Taxes and social security
12,401 
43,391 
Other creditors
99,935 
199,945 
Loans from directors
78 
2,794 
177,216 
379,672 
7
Share capital
2020 
2019 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2019: 1).
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