Flexops I.T. Solutions Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03977877 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2021

for

Flexops I.T. Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N J Sedgley Esq

SECRETARY:

Mrs J Sedgley

REGISTERED OFFICE:

93 High Street

Oldland Common

Bristol

BS30 9TJ

REGISTERED NUMBER:

03977877 (England and Wales)

ACCOUNTANTS:

Derek J Stenner Ltd

Chartered Accountant

The Mews,

Hounds Road,

Chipping Sodbury,

South Gloucestershire.

BS37 6EE

FIXED ASSETS

Intangible assets

4

171

171

Tangible assets

5

-

-

171

171

CURRENT ASSETS

Debtors

6

7,298

7,298

CREDITORS

Amounts falling due within one year

7

6,853

6,853

NET CURRENT ASSETS

445

445

TOTAL ASSETS LESS CURRENT LIABILITIES

616

616

CAPITAL AND RESERVES

Called up share capital

85

85

Retained earnings

531

531

SHAREHOLDERS' FUNDS

616

616

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 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 March 2022 and were signed by:

N J Sedgley Esq - Director

1.	STATUTORY INFORMATION

Flexops I.T. Solutions 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 August 2020

and 31 July 2021

1,656

AMORTISATION

At 1 August 2020

and 31 July 2021

1,485

NET BOOK VALUE

At 31 July 2021

171

At 31 July 2020

171

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 August 2020

and 31 July 2021

2,466

DEPRECIATION

At 1 August 2020

and 31 July 2021

2,466

NET BOOK VALUE

At 31 July 2021

-

At 31 July 2020

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other debtors

7,298

7,298

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Taxation and social security

6,853

6,853

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2021 and 31 July 2020:

2021

2020

£

£

N J Sedgley Esq

Balance outstanding at start of year

5,760

5,760

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,760

5,760