5 false false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 03043444 2023-01-01 2023-12-31 03043444 2023-12-31 03043444 2022-12-31 03043444 2022-01-01 2022-12-31 03043444 2022-12-31 03043444 2021-12-31 03043444 bus:Director1 2023-01-01 2023-12-31 03043444 bus:Director2 2023-01-01 2023-12-31 03043444 core:WithinOneYear 2023-12-31 03043444 core:WithinOneYear 2022-12-31 03043444 bus:Director1 2022-12-31 03043444 bus:Director1 2023-12-31 03043444 bus:Director2 2022-12-31 03043444 bus:Director2 2023-12-31 03043444 bus:Director1 2021-12-31 03043444 bus:Director1 2022-12-31 03043444 bus:Director2 2021-12-31 03043444 bus:Director2 2022-12-31 03043444 bus:Director1 2022-01-01 2022-12-31 03043444 bus:Director2 2022-01-01 2022-12-31 03043444 bus:Micro-entities 2023-01-01 2023-12-31 03043444 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 03043444 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03043444 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03043444 bus:FullAccounts 2023-01-01 2023-12-31
COMPANY REGISTRATION NUMBER: 03043444
FINANCE INVESTMENTS LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 December 2023
FINANCE INVESTMENTS LIMITED
STATEMENT OF FINANCIAL POSITION
31 December 2023
2023
2022
£
£
Fixed assets
11,859
15,812
--------
--------
Current assets
314,572
415,143
Prepayments and accrued income
1,625
---------
---------
316,197
415,143
Creditors: amounts falling due within one year
145,612
142,339
---------
---------
Net current assets
170,585
272,804
---------
---------
Total assets less current liabilities
182,444
288,616
Provisions for liabilities
2,253
3,004
Accruals and deferred income
2,000
2,000
---------
---------
178,191
283,612
---------
---------
Capital and reserves
178,191
283,612
---------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2022: 5 ).
2. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr C Fitzhugh
( 4,205)
106,201
( 64,248)
37,748
Mr N G Cornwell
29,935
10,386
( 24,826)
15,495
--------
---------
--------
--------
25,730
116,587
( 89,074)
53,243
--------
---------
--------
--------
2022
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr C Fitzhugh
( 48,586)
44,381
( 4,205)
Mr N G Cornwell
( 65)
30,000
29,935
--------
--------
----
--------
( 48,651)
74,381
25,730
--------
--------
----
--------
The loans are repayable on demand and interest is charged on any overdrawn loan account at the official rate of interest. The loans were fully repaid on 31 July 2024.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 31 July 2024 , and are signed on behalf of the board by:
Mr C Fitzhugh
Director
Company registration number: 03043444
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 19F Mobbs Miller House, Ardington Road, Northampton, NN1 5LP, England.