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REGISTERED NUMBER: 11329944 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 May 2023

for

Fineandsandy Ltd

Fineandsandy Ltd (Registered number: 11329944)






Contents of the Financial Statements
for the Year Ended 30 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

Fineandsandy Ltd

Company Information
for the Year Ended 30 May 2023







DIRECTORS: Mrs H McAleer
B McAleer





REGISTERED OFFICE: 29 Howard Street
North Shields
Tyne and Wear
NE30 1AR





REGISTERED NUMBER: 11329944 (England and Wales)





ACCOUNTANTS: Essell Accountants Limited
29 Howard Street
North Shields
Tyne and Wear
NE30 1AR

Fineandsandy Ltd (Registered number: 11329944)

Balance Sheet
30 May 2023

30/5/23 30/5/22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 34,000 34,000
Tangible assets 5 7,573 12,128
41,573 46,128

CURRENT ASSETS
Stocks 83,356 80,356
Debtors 6 4,935 4,935
Cash at bank and in hand 46,811 40,168
135,102 125,459
CREDITORS
Amounts falling due within one year 7 21,324 26,166
NET CURRENT ASSETS 113,778 99,293
TOTAL ASSETS LESS CURRENT
LIABILITIES

155,351

145,421

CREDITORS
Amounts falling due after more than one
year

8

38,889

44,444
NET ASSETS 116,462 100,977

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 116,442 100,957
SHAREHOLDERS' FUNDS 116,462 100,977

Fineandsandy Ltd (Registered number: 11329944)

Balance Sheet - continued
30 May 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 May 2023 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2024 and were signed on its behalf by:





Mrs H McAleer - Director


Fineandsandy Ltd (Registered number: 11329944)

Notes to the Financial Statements
for the Year Ended 30 May 2023

1. STATUTORY INFORMATION

Fineandsandy 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 2018, 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.
Fixtures and fittings - 20% on cost
Computer equipment - 25% on cost

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 4 (2022 - 3 ) .

Fineandsandy Ltd (Registered number: 11329944)

Notes to the Financial Statements - continued
for the Year Ended 30 May 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 31 May 2022
and 30 May 2023 34,000
NET BOOK VALUE
At 30 May 2023 34,000
At 30 May 2022 34,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 May 2022
and 30 May 2023 22,877
DEPRECIATION
At 31 May 2022 10,749
Charge for year 4,555
At 30 May 2023 15,304
NET BOOK VALUE
At 30 May 2023 7,573
At 30 May 2022 12,128

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/5/23 30/5/22
£    £   
Other debtors 4,935 4,935

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/5/23 30/5/22
£    £   
Trade creditors 5,925 10,247
Taxation and social security 13,968 12,859
Other creditors 1,431 3,060
21,324 26,166

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/5/23 30/5/22
£    £   
Other creditors 38,889 44,444

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Fineandsandy Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fineandsandy Ltd for the year ended 30 May 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Fineandsandy Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Fineandsandy Ltd and state those matters that we have agreed to state to the Board of Directors of Fineandsandy Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Fineandsandy Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fineandsandy Ltd. You consider that Fineandsandy Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Fineandsandy Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Essell Accountants Limited
29 Howard Street
North Shields
Tyne and Wear
NE30 1AR


20 February 2024