FloraLinc Limited - Accounts to registrar (filleted) - small 23.2.5

FloraLinc Limited - Accounts to registrar (filleted) - small 23.2.5

FLORALINC LIMITED - Company Information

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REGISTERED NUMBER: 11939317 (England and Wales)















FLORALINC LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

30 JANUARY 2022 TO 28 JANUARY 2023






FLORALINC LIMITED (REGISTERED NUMBER: 11939317)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 JANUARY 2022 TO 28 JANUARY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 4


FLORALINC LIMITED

COMPANY INFORMATION
FOR THE PERIOD 30 JANUARY 2022 TO 28 JANUARY 2023







DIRECTOR: R Hancox





REGISTERED OFFICE: Wool Hall
Cross Gate
Wykeham
Spalding
PE12 6HW





REGISTERED NUMBER: 11939317 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR
Page 1
FLORALINC LIMITED (REGISTERED NUMBER: 11939317)

STATEMENT OF FINANCIAL POSITION
28 JANUARY 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 953 1,000

CREDITORS
Amounts falling due within one year 5 1 48
NET CURRENT ASSETS 952 952
TOTAL ASSETS LESS CURRENT LIABILITIES 952 952

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Retained earnings (48 ) (48 )
SHAREHOLDERS' FUNDS 952 952

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 January 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 January 2023 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 7 August 2023 and were signed by:





R Hancox - Director


The notes form part of these financial statements

Page 2
FLORALINC LIMITED (REGISTERED NUMBER: 11939317)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 JANUARY 2022 TO 28 JANUARY 2023

1. STATUTORY INFORMATION

FloraLinc Limited 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.

Financial instruments
The company has chosen to adopt the FRS 102A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 period was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 953 1,000

Page 3 continued...
FLORALINC LIMITED (REGISTERED NUMBER: 11939317)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 JANUARY 2022 TO 28 JANUARY 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1 -
Taxation and social security - 48
1 48

6. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Share capital 1 £1 1,000 1,000

7. ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking of the company is Fidelis Holdings Limited.

Fidelis Holdings Limited is the company's controlling related party by virtue of its 100% shareholding in FreshLinc Group Limited The Board of Directors of Fidelis Holdings Limited are considered to be the company's ultimate controlling related party by virtue of their directorships of and shareholdings in Fidelis Holdings Limited, the ultimate parent undertaking.

Page 4