2022-11-302023-11-302023-11-30false14515726FIG FINANCE LTD2024-08-28iso4217:GBPxbrli:pure145157262022-11-30145157262023-11-30145157262022-11-302023-11-30145157262022-11-29145157262022-11-29145157262022-11-292022-11-2914515726bus:SmallEntities2022-11-302023-11-3014515726bus:AuditExempt-NoAccountantsReport2022-11-302023-11-3014515726bus:FullAccounts2022-11-302023-11-3014515726bus:PrivateLimitedCompanyLtd2022-11-302023-11-3014515726core:WithinOneYear2023-11-3014515726core:AfterOneYear2023-11-3014515726core:WithinOneYear2022-11-2914515726core:AfterOneYear2022-11-2914515726core:ShareCapital2023-11-3014515726core:SharePremium2023-11-3014515726core:RevaluationReserve2023-11-3014515726core:OtherReservesSubtotal2023-11-3014515726core:RetainedEarningsAccumulatedLosses2023-11-3014515726core:ShareCapital2022-11-2914515726core:SharePremium2022-11-2914515726core:RevaluationReserve2022-11-2914515726core:OtherReservesSubtotal2022-11-2914515726core:RetainedEarningsAccumulatedLosses2022-11-2914515726core:LandBuildings2023-11-3014515726core:PlantMachinery2023-11-3014515726core:Vehicles2023-11-3014515726core:FurnitureFittings2023-11-3014515726core:OfficeEquipment2023-11-3014515726core:NetGoodwill2023-11-3014515726core:IntangibleAssetsOtherThanGoodwill2023-11-3014515726core:ListedExchangeTraded2023-11-3014515726core:UnlistedNon-exchangeTraded2023-11-3014515726core:LandBuildings2022-11-2914515726core:PlantMachinery2022-11-2914515726core:Vehicles2022-11-2914515726core:FurnitureFittings2022-11-2914515726core:OfficeEquipment2022-11-2914515726core:NetGoodwill2022-11-2914515726core:IntangibleAssetsOtherThanGoodwill2022-11-2914515726core:ListedExchangeTraded2022-11-2914515726core:UnlistedNon-exchangeTraded2022-11-2914515726core:LandBuildings2022-11-302023-11-3014515726core:PlantMachinery2022-11-302023-11-3014515726core:Vehicles2022-11-302023-11-3014515726core:FurnitureFittings2022-11-302023-11-3014515726core:OfficeEquipment2022-11-302023-11-3014515726core:NetGoodwill2022-11-302023-11-3014515726core:IntangibleAssetsOtherThanGoodwill2022-11-302023-11-3014515726core:ListedExchangeTraded2022-11-302023-11-3014515726core:UnlistedNon-exchangeTraded2022-11-302023-11-3014515726core:MoreThanFiveYears2022-11-302023-11-3014515726core:Non-currentFinancialInstruments2023-11-3014515726core:Non-currentFinancialInstruments2022-11-2914515726dpl:CostSales2022-11-302023-11-3014515726dpl:DistributionCosts2022-11-302023-11-3014515726core:LandBuildings2022-11-302023-11-3014515726core:PlantMachinery2022-11-302023-11-3014515726core:Vehicles2022-11-302023-11-3014515726core:FurnitureFittings2022-11-302023-11-3014515726core:OfficeEquipment2022-11-302023-11-3014515726dpl:AdministrativeExpenses2022-11-302023-11-3014515726core:NetGoodwill2022-11-302023-11-3014515726core:IntangibleAssetsOtherThanGoodwill2022-11-302023-11-3014515726dpl:GroupUndertakings2022-11-302023-11-3014515726dpl:ParticipatingInterests2022-11-302023-11-3014515726dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-302023-11-3014515726core:ListedExchangeTraded2022-11-302023-11-3014515726dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-302023-11-3014515726core:UnlistedNon-exchangeTraded2022-11-302023-11-3014515726dpl:CostSales2022-11-292022-11-2914515726dpl:DistributionCosts2022-11-292022-11-2914515726core:LandBuildings2022-11-292022-11-2914515726core:PlantMachinery2022-11-292022-11-2914515726core:Vehicles2022-11-292022-11-2914515726core:FurnitureFittings2022-11-292022-11-2914515726core:OfficeEquipment2022-11-292022-11-2914515726dpl:AdministrativeExpenses2022-11-292022-11-2914515726core:NetGoodwill2022-11-292022-11-2914515726core:IntangibleAssetsOtherThanGoodwill2022-11-292022-11-2914515726dpl:GroupUndertakings2022-11-292022-11-2914515726dpl:ParticipatingInterests2022-11-292022-11-2914515726dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-292022-11-2914515726core:ListedExchangeTraded2022-11-292022-11-2914515726dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-292022-11-2914515726core:UnlistedNon-exchangeTraded2022-11-292022-11-2914515726core:NetGoodwill2023-11-3014515726core:IntangibleAssetsOtherThanGoodwill2023-11-3014515726core:LandBuildings2023-11-3014515726core:PlantMachinery2023-11-3014515726core:Vehicles2023-11-3014515726core:FurnitureFittings2023-11-3014515726core:OfficeEquipment2023-11-3014515726core:AfterOneYear2023-11-3014515726core:WithinOneYear2023-11-3014515726core:ListedExchangeTraded2023-11-3014515726core:UnlistedNon-exchangeTraded2023-11-3014515726core:ShareCapital2023-11-3014515726core:SharePremium2023-11-3014515726core:RevaluationReserve2023-11-3014515726core:OtherReservesSubtotal2023-11-3014515726core:RetainedEarningsAccumulatedLosses2023-11-3014515726core:NetGoodwill2022-11-2914515726core:IntangibleAssetsOtherThanGoodwill2022-11-2914515726core:LandBuildings2022-11-2914515726core:PlantMachinery2022-11-2914515726core:Vehicles2022-11-2914515726core:FurnitureFittings2022-11-2914515726core:OfficeEquipment2022-11-2914515726core:AfterOneYear2022-11-2914515726core:WithinOneYear2022-11-2914515726core:ListedExchange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FIG FINANCE LTD

Registered Number
14515726
(England and Wales)

Unaudited Financial Statements for the Period ended
30 November 2023

FIG FINANCE LTD
Company Information
for the period from 30 November 2022 to 30 November 2023

Directors

O J J Price
Fig Finance Inc

Company Secretary

Fig Finance Inc

Registered Address

46 Probert Road
Brixton
London
SW2 1BW

Registered Number

14515726 (England and Wales)
FIG FINANCE LTD
Statement of Financial Position
30 November 2023

Notes

2023

£

£

Creditors amounts falling due within one year3(245,561)
Net current assets (liabilities)(245,561)
Total assets less current liabilities(245,561)
Net assets(245,561)
Capital and reserves
Called up share capital1
Profit and loss account(245,562)
Shareholders' funds(245,561)
The financial statements were approved and authorised for issue by the Board of Directors on 28 August 2024, and are signed on its behalf by:
O J J Price
Director
Registered Company No. 14515726
FIG FINANCE LTD
Notes to the Financial Statements
for the period ended 30 November 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The company was incorporated on 30th November 2022 and commenced trading as of that date.
Statement of compliance
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.
Basis of preparation
The financial statements have been prepared under the historical cost convention.
Functional and presentation currency
The financial statements are presented in pound sterling (£), which is the company's functional currency, and figures are rounded to the nearest whole pound.
Going concern
The financial statements have been prepared on the going concern basis. The company incurred losses during the year, however the directors believe that the company has sufficient financial resources to be able to meet its obligations, if and when, they become due and that the company can continue in operational existence for a period of at least 12 months from the statement of financial position date. On this basis, the directors are of the opinion that they should continue to adopt the going concern basis in preparing the annual financial statements.
Revenue from rendering of services
The company was still in its development phase during the reporting period and as such, it has not recognised any revenue for the period ended 30 November 2023.
Defined contribution pension plan
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each reporting period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at the period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the income statement.
Current taxation
Taxation for the year comprises current 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 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 statement of financial position date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2.Average number of employees

2023
Average number of employees during the year3
3.Creditors: amounts due within one year

2023

£
Taxation and social security12,251
Other creditors233,310
Total245,561
4.Controlling party
The ultimate controlling party is Fig Finance Inc,.