1 September 2023 false No description of principal activity Taxfiler 2024.6 11541316business:PrivateLimitedCompanyLtd2023-09-012024-08-31 115413162023-08-31 115413162023-09-012024-08-31 11541316business:AuditExemptWithAccountantsReport2023-09-012024-08-31 11541316business:FilletedAccounts2023-09-012024-08-31 115413162024-08-31 11541316business:Director12023-09-012024-08-31 11541316business:RegisteredOffice2023-09-012024-08-31 115413162023-08-31 11541316core:WithinOneYear2024-08-31 11541316core:WithinOneYear2023-08-31 11541316core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 11541316core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 11541316core:PreviouslyStatedAmount2024-08-31 11541316core:PreviouslyStatedAmount2023-08-31 11541316business:SmallEntities2023-09-012024-08-31 11541316countries:EnglandWales2023-09-012024-08-31 115413162022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 11541316 (England and Wales)
Finfree50 Limited Unaudited accounts for the year ended 31 August 2024
Finfree50 Limited Unaudited accounts Contents
Page
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Finfree50 Limited Company Information for the year ended 31 August 2024
Director
Dr Himanka Rana
Company Number
11541316 (England and Wales)
Registered Office
40 SOLENT VIEW ROAD SEAVIEW PO34 5HX UNITED KINGDOM
Accountants
Patrick Legg 24 Littlestairs Road Shanklin Isle of Wight PO37 6HS
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Finfree50 Limited Accountants' report
Accountants' report to the director of Finfree50 Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 August 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 August 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Patrick Legg 24 Littlestairs Road Shanklin Isle of Wight PO37 6HS 27 October 2024
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Finfree50 Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
2 
2 
Current assets
Cash at bank and in hand
49,964 
41,360 
Creditors: amounts falling due within one year
(2,385)
(1,057)
Net current assets
47,579 
40,303 
Net assets
47,581 
40,305 
Capital and reserves
Profit and loss account
47,581 
40,305 
Shareholders' funds
47,581 
40,305 
For the year ending 31 August 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 her 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 27 October 2024 and were signed on its behalf by
Dr Himanka Rana Director Company Registration No. 11541316
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Finfree50 Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Finfree50 Limited is a private company, limited by shares, registered in England and Wales, registration number 11541316. The registered office is 40 SOLENT VIEW ROAD, SEAVIEW, PO34 5HX, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
235 
213 
Taxes and social security
1,707 
844 
Loans from directors
443 
- 
2,385 
1,057 
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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