Company Registration No. 09383981 (England and Wales)
FINRAFT LIMITED
Unaudited accounts
for the year ended 31 January 2024
FINRAFT LIMITED
Unaudited accounts
Contents
FINRAFT LIMITED
Company Information
for the year ended 31 January 2024
Company Number
09383981 (England and Wales)
Registered Office
6, BUCCANEER
BROOKLANDS
MILTON KEYNES
Buckinghamshire
MK10 7FY
ENGLAND
FINRAFT LIMITED
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
9,252
70,950
Creditors: amounts falling due within one year
-
(16,169)
Net current assets
9,252
54,781
Total assets less current liabilities
8,532
54,841
Creditors: amounts falling due after more than one year
(18,320)
(37,748)
Net (liabilities)/assets
(9,788)
17,093
Called up share capital
50
50
Profit and loss account
(9,838)
17,043
Shareholders' funds
(9,788)
17,093
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 September 2024 and were signed on its behalf by
TAHIR BASHIR
Director
Company Registration No. 09383981
FINRAFT LIMITED
Notes to the Accounts
for the year ended 31 January 2024
FINRAFT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09383981. The registered office is 6, BUCCANEER, BROOKLANDS, MILTON KEYNES, Buckinghamshire, MK10 7FY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
1,400
1,500
2,900
At 31 January 2024
1,400
1,500
2,900
At 1 February 2023
840
2,000
2,840
Charge for the year
280
500
780
At 31 January 2024
1,120
2,500
3,620
At 31 January 2024
280
(1,000)
(720)
At 31 January 2023
560
(500)
60
5
Creditors: amounts falling due within one year
2024
2023
FINRAFT LIMITED
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
(3,280)
9,900
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Average number of employees
During the year the average number of employees was 1 (2023: 1).