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REGISTERED NUMBER: 13549115 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

FINEVA CONSTRUCTION LTD

FINEVA CONSTRUCTION LTD (REGISTERED NUMBER: 13549115)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FINEVA CONSTRUCTION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: J Whelan





REGISTERED OFFICE: 8 Twistleton Court
Priory Hill
Dartford
Dartford
DA1 2EN





REGISTERED NUMBER: 13549115 (England and Wales)





ACCOUNTANTS: Blue Rocket Accounting
Accountants and Tax Advisers
8 Twisleton Court
Priory Hill
Dartford
Kent
DA1 2EN

FINEVA CONSTRUCTION LTD (REGISTERED NUMBER: 13549115)

BALANCE SHEET
31 AUGUST 2023

31/8/23 31/8/22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 112,500 150,000
Tangible assets 5 154 197
112,654 150,197

CURRENT ASSETS
Debtors 6 (36 ) 60,463
Cash at bank 9,694 8,268
9,658 68,731
CREDITORS
Amounts falling due within one year 7 265,242 249,871
NET CURRENT LIABILITIES (255,584 ) (181,140 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(142,930

)

(30,943

)

CREDITORS
Amounts falling due after more than one
year

8

37,414

-
NET LIABILITIES (180,344 ) (30,943 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (181,344 ) (31,943 )
(180,344 ) (30,943 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

FINEVA CONSTRUCTION LTD (REGISTERED NUMBER: 13549115)

BALANCE SHEET - continued
31 AUGUST 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 11 April 2024 and were signed by:





J Whelan - Director


FINEVA CONSTRUCTION LTD (REGISTERED NUMBER: 13549115)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Fineva Construction 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.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on cost

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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 4 ) .

FINEVA CONSTRUCTION LTD (REGISTERED NUMBER: 13549115)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2022
and 31 August 2023 187,500
AMORTISATION
At 1 September 2022 37,500
Charge for year 37,500
At 31 August 2023 75,000
NET BOOK VALUE
At 31 August 2023 112,500
At 31 August 2022 150,000

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 September 2022
and 31 August 2023 215
DEPRECIATION
At 1 September 2022 18
Charge for year 43
At 31 August 2023 61
NET BOOK VALUE
At 31 August 2023 154
At 31 August 2022 197

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/23 31/8/22
£    £   
Trade debtors (36 ) 60,463

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/23 31/8/22
£    £   
Trade creditors 15,952 6,815
Taxation and social security 69,887 80,337
Other creditors 179,403 162,719
265,242 249,871

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/8/23 31/8/22
£    £   
Bank loans 37,414 -

FINEVA CONSTRUCTION LTD (REGISTERED NUMBER: 13549115)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 August 2023 and the period ended 31 August 2022:

31/8/23 31/8/22
£    £   
J Whelan
Balance outstanding at start of year 24,781 -
Amounts advanced - 37,884
Amounts repaid (24,781 ) (13,103 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 24,781