Deflux Limited - Limited company accounts 20.1

REGISTERED NUMBER: 08589722 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 December 2019

for

Deflux Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

The Hon T A Fitzherbert

P M Hughes

SECRETARY:

REGISTERED OFFICE:

Winchester House

Deane Gate Avenue

Taunton

Somerset

TA1 2UH

REGISTERED NUMBER:

08589722 (England and Wales)

ACCOUNTANTS:

MSS Accountancy Services Ltd

103 Victoria Drive

Wimbledon

London

SW19 6PT

The directors present their report with the financial statements of the company for the year ended 31 December 2019.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of telecommunications, specifically enabling

network solutions.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2019 to the date of this

report.

The Hon T A Fitzherbert

P M Hughes

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

The Hon T A Fitzherbert - Director

30 September 2020

TURNOVER

-

-

Administrative expenses

132

-

(132

)

-

Other operating income

-

(183,775

)

OPERATING LOSS and

LOSS BEFORE TAXATION

(132

)

(183,775

)

Tax on loss

-

-

LOSS FOR THE FINANCIAL YEAR

(132

)

(183,775

)

CURRENT ASSETS

Debtors

5

8,427

8,559

TOTAL ASSETS LESS CURRENT LIABILITIES

8,427

8,559

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

8,425

8,557

SHAREHOLDERS' FUNDS

8,427

8,559

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2020 and were signed on its behalf by:

The Hon T A Fitzherbert - Director

1.	STATUTORY INFORMATION

Deflux 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.

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 2 (2018 - 2 ) .

4.	EXCEPTIONAL ITEMS

Period

1.7.18

Year Ended

to

31.12.19

31.12.18

£

£

Exceptional items

-

(183,775

)

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Amounts owed by group undertakings

8,427

8,559

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.19

31.12.18

value:

£

£

2

Ordinary

£1.00

2

2