IRIS Accounts Production v23.3.0.418 11326632 director 1.5.22 30.4.23 30.4.23 0 0 false true false false true false Fair value model Ordinary 1.00000 Redeemable Ordinary 1.00000 Redeemable Ordinary 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113266322022-04-30113266322023-04-30113266322022-05-012023-04-30113266322021-04-30113266322021-05-012022-04-30113266322022-04-3011326632ns10:Originalns15:EnglandWales2022-05-012023-04-3011326632ns14:PoundSterlingns10:Original2022-05-012023-04-3011326632ns10:Originalns10:Director12022-05-012023-04-3011326632ns10:Original2022-05-012023-04-3011326632ns10:Original2023-04-3011326632ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3011326632ns10:Originalns10:SmallEntities2022-05-012023-04-3011326632ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3011326632ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3011326632ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3011326632ns10:Originalns10:FullAccounts2022-05-012023-04-3011326632ns10:Original2021-05-012022-04-3011326632ns10:Originalns10:OrdinaryShareClass12022-05-012023-04-3011326632ns10:Originalns10:OrdinaryShareClass22022-05-012023-04-30113266322ns10:Originalns10:OrdinaryShareClass22022-05-012023-04-3011326632ns10:Originalns10:RegisteredOffice2022-05-012023-04-3011326632ns10:Original2022-04-3011326632ns10:Originalns5:CurrentFinancialInstruments2023-04-3011326632ns10:Originalns5:CurrentFinancialInstruments2022-04-3011326632ns10:Originalns5:Non-currentFinancialInstruments2023-04-3011326632ns10:Originalns5:Non-currentFinancialInstruments2022-04-3011326632ns5:ShareCapitalns10:Original2023-04-3011326632ns5:ShareCapitalns10:Original2022-04-3011326632ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3011326632ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3011326632ns10:Originalns5:PlantMachinery2022-05-012023-04-3011326632ns10:Originalns5:MotorVehicles2022-05-012023-04-3011326632ns10:Originalns5:ComputerEquipment2022-05-012023-04-3011326632ns10:Originalns5:PlantMachinery2022-04-3011326632ns10:Originalns5:PlantMachinery2023-04-3011326632ns10:Originalns5:PlantMachinery2022-04-3011326632ns10:Original2022-04-3011326632ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3011326632ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-3011326632ns10:Originalns5:DeferredTaxation2022-04-3011326632ns10:Originalns5:DeferredTaxation2022-05-012023-04-3011326632ns10:Originalns5:DeferredTaxation2023-04-3011326632ns10:Originalns10:OrdinaryShareClass12023-04-3011326632ns10:Originalns10:OrdinaryShareClass22023-04-30
REGISTERED NUMBER: 11326632 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

FINK PROPERTY LTD

FINK PROPERTY LTD (REGISTERED NUMBER: 11326632)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FINK PROPERTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTOR: J Strange





REGISTERED OFFICE: Hunt House Farm
Frith Common
Tenbury Wells
Worcestershire
WR15 8JY





REGISTERED NUMBER: 11326632 (England and Wales)





ACCOUNTANTS: Kimberlee & Co
Chartered Accountants
Hunt House Farm
Frith Common
Tenbury Wells
Worcestershire
WR15 8JY

FINK PROPERTY LTD (REGISTERED NUMBER: 11326632)

BALANCE SHEET
30 APRIL 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,060 8,923
Investment property 5 - 134,366
16,060 143,289

CURRENT ASSETS
Stocks 235,175 215,087
Debtors 6 31,158 3,350
Cash at bank 189,053 65,125
455,386 283,562
CREDITORS
Amounts falling due within one year 7 42,275 44,915
NET CURRENT ASSETS 413,111 238,647
TOTAL ASSETS LESS CURRENT
LIABILITIES

429,171

381,936

CREDITORS
Amounts falling due after more than one
year

8

(349,723

)

(352,753

)

PROVISIONS FOR LIABILITIES 9 (3,092 ) (1,695 )
NET ASSETS 76,356 27,488

CAPITAL AND RESERVES
Called up share capital 10 110 100
Retained earnings 76,246 27,388
SHAREHOLDERS' FUNDS 76,356 27,488

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

FINK PROPERTY LTD (REGISTERED NUMBER: 11326632)

BALANCE SHEET - continued
30 APRIL 2023


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 13 November 2023 and were signed by:





J Strange - Director


FINK PROPERTY LTD (REGISTERED NUMBER: 11326632)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1. STATUTORY INFORMATION

FINK Property 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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
Motor vehicles - 25% reducing balance
Computer equipment - 33% straight line

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

FINK PROPERTY LTD (REGISTERED NUMBER: 11326632)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022 17,182
Additions 18,958
Disposals (10,290 )
At 30 April 2023 25,850
DEPRECIATION
At 1 May 2022 8,259
Charge for year 5,803
Eliminated on disposal (4,272 )
At 30 April 2023 9,790
NET BOOK VALUE
At 30 April 2023 16,060
At 30 April 2022 8,923

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022 134,366
Disposals (134,366 )
At 30 April 2023 -
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 134,366

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 31,158 800
Other debtors - 2,550
31,158 3,350

FINK PROPERTY LTD (REGISTERED NUMBER: 11326632)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts 3,400 3,780
Trade creditors - 2,975
Taxation and social security 33,158 7,886
Other creditors 5,717 30,274
42,275 44,915

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Bank loans 7,933 10,953
Other creditors 341,790 341,800
349,723 352,753

9. PROVISIONS FOR LIABILITIES
30.4.23 30.4.22
£    £   
Deferred tax 3,092 1,695

Deferred
tax
£   
Balance at 1 May 2022 1,695
Charge to Income Statement during year 1,397
Balance at 30 April 2023 3,092

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
100 Ordinary £1 100 100
10 Redeemable Ordinary £1 10 -
110 100

Allotted and issued:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
10 Redeemable Ordinary £1 10 -

The following shares were issued during the year for cash at par :

10 Redeemable Ordinary shares of £1

FINK PROPERTY LTD (REGISTERED NUMBER: 11326632)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Strange.