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Company Registration No. 07549936 (England and Wales)
FINISHING TOUCH (COLESHILL) LTD Unaudited accounts for the year ended 31 March 2023
FINISHING TOUCH (COLESHILL) LTD Unaudited accounts Contents
Page
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FINISHING TOUCH (COLESHILL) LTD Company Information for the year ended 31 March 2023
Director
W Durham
Company Number
07549936 (England and Wales)
Registered Office
1 CENTURIAN CLOSE COLESHILL B46 1UB
Accountants
Parkers Accountancy 590a Kingsbury Road Erdington Birmingham B24 9ND
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FINISHING TOUCH (COLESHILL) LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,335 
2,848 
Current assets
Debtors
33,403 
30,989 
Cash at bank and in hand
25,631 
15,021 
59,034 
46,010 
Creditors: amounts falling due within one year
(23,893)
(26,463)
Net current assets
35,141 
19,547 
Total assets less current liabilities
37,476 
22,395 
Creditors: amounts falling due after more than one year
(11,337)
- 
Net assets
26,139 
22,395 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
26,138 
22,394 
Shareholders' funds
26,139 
22,395 
For the year ending 31 March 2023 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 director acknowledges his 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 and authorised for issue on 13 September 2023 and were signed on its behalf by
W Durham Director Company Registration No. 07549936
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FINISHING TOUCH (COLESHILL) LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
FINISHING TOUCH (COLESHILL) LTD is a private company, limited by shares, registered in England and Wales, registration number 07549936. The registered office is 1 CENTURIAN CLOSE, COLESHILL, B46 1UB.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2022
4,505 
At 31 March 2023
4,505 
Depreciation
At 1 April 2022
1,657 
Charge for the year
513 
At 31 March 2023
2,170 
Net book value
At 31 March 2023
2,335 
At 31 March 2022
2,848 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
33,403 
30,989 
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FINISHING TOUCH (COLESHILL) LTD Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
470 
470 
Taxes and social security
5,265 
7,090 
Other creditors
18,158 
18,903 
23,893 
26,463 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,337 
- 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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