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REGISTERED NUMBER: 07153965 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 OCTOBER 2023

FOR

FINA CASAS LIMITED

FINA CASAS LIMITED (REGISTERED NUMBER: 07153965)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FINA CASAS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 OCTOBER 2023







DIRECTORS: Mrs R M P Correia
Mr S J Hill





SECRETARY: Mr S J Hill





REGISTERED OFFICE: Mackenzies Accountants
4 Kings Row
Armstrong Road
Maidstone
Kent
ME15 6AQ





REGISTERED NUMBER: 07153965 (England and Wales)





ACCOUNTANTS: Mackenzies
Chartered Accountants
1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA

FINA CASAS LIMITED (REGISTERED NUMBER: 07153965)

BALANCE SHEET
30 OCTOBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 25,810 30,882

CURRENT ASSETS
Debtors 5 177,765 182,102
Cash at bank 4,934 8,865
182,699 190,967
CREDITORS
Amounts falling due within one year 6 124,182 81,583
NET CURRENT ASSETS 58,517 109,384
TOTAL ASSETS LESS CURRENT
LIABILITIES

84,327

140,266

CREDITORS
Amounts falling due after more than one
year

7

57,932

75,196
NET ASSETS 26,395 65,070

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 26,393 65,068
SHAREHOLDERS' FUNDS 26,395 65,070

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 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.

FINA CASAS LIMITED (REGISTERED NUMBER: 07153965)

BALANCE SHEET - continued
30 OCTOBER 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:





Mrs R M P Correia - Director


FINA CASAS LIMITED (REGISTERED NUMBER: 07153965)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 OCTOBER 2023


1. STATUTORY INFORMATION

Fina Casas Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£ £ £
COST
At 31 October 2022 37,718 53,828 91,546
Additions 1,250 - 1,250
At 30 October 2023 38,968 53,828 92,796
DEPRECIATION
At 31 October 2022 24,026 36,638 60,664
Charge for year 2,884 3,438 6,322
At 30 October 2023 26,910 40,076 66,986
NET BOOK VALUE
At 30 October 2023 12,058 13,752 25,810
At 30 October 2022 13,692 17,190 30,882

FINA CASAS LIMITED (REGISTERED NUMBER: 07153965)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 OCTOBER 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under finance leases are as follows:
Motor
vehicles
£
COST
At 31 October 2022
and 30 October 2023 23,828
DEPRECIATION
At 31 October 2022
and 30 October 2023 11,914
NET BOOK VALUE
At 30 October 2023 11,914
At 30 October 2022 11,914

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 14,030 3,429
Other debtors 163,682 177,324
Tax - 1,349
Prepayments 53 -
177,765 182,102

The balance in other debtors is owing from The Worm Farm (IOW) Limited £115,467 (2022: £99,558) and Wight Staycation Limited £39,925 (2022: £71,052) both for expenses which have been paid by Fina Casas Limited. Mrs R M P Correia is a director of both companies and Mrs S J Hill is a director of Wight Staycation Limited.

The balance in other debtors includes an overpayment to HMRC of £5,383 (2022: £6,713)

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 29,257 9,849
Finance leases 3,600 3,600
Trade creditors 2,890 4,265
Corporation tax - 6,608
VAT 9,433 4,465
Other creditors 2,556 140
Directors' current accounts 76,446 50,404
Accrued expenses - 2,252
124,182 81,583

FINA CASAS LIMITED (REGISTERED NUMBER: 07153965)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 OCTOBER 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

The balance in other creditors includes an amount owed in respect of pension contributions of £140 (2022: 141)

The balance in other creditors includes funds owing to Nacasa Facilities Limited £2,418 (2022: £Nil). S J Hill is a director of the company.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£ £
Bank loans - 2-5 years 50,306 63,969
Finance leases 7,626 11,227
57,932 75,196

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1 Ordinary £1 1 1
1 Ordinary A £1 1 1
2 2