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REGISTERED NUMBER: 09024365 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Finesse Group Design Limited

Finesse Group Design Limited (Registered number: 09024365)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Finesse Group Design Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: A P Finn





REGISTERED OFFICE: 55 Leswin Road
Hackney
London
N16 7NX





REGISTERED NUMBER: 09024365 (England and Wales)





ACCOUNTANTS: Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Finesse Group Design Limited (Registered number: 09024365)

Balance Sheet
31 May 2024

31/5/24 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,972 2,404

CURRENT ASSETS
Debtors 5 25,995 19,020
Cash at bank 106,365 86,435
132,360 105,455
CREDITORS
Amounts falling due within one year 6 122,622 77,591
NET CURRENT ASSETS 9,738 27,864
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,710

30,268

CREDITORS
Amounts falling due after more than one
year

7

12,464

14,765
NET ASSETS 246 15,503

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 242 15,499
246 15,503

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Finesse Group Design Limited (Registered number: 09024365)

Balance Sheet - continued
31 May 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 January 2025 and were signed by:





A P Finn - Director


Finesse Group Design Limited (Registered number: 09024365)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Finesse Group Design 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.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Finesse Group Design Limited (Registered number: 09024365)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 2,683
Additions 1,391
At 31 May 2024 4,074
DEPRECIATION
At 1 June 2023 279
Charge for year 823
At 31 May 2024 1,102
NET BOOK VALUE
At 31 May 2024 2,972
At 31 May 2023 2,404

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Trade debtors - 19,020
Director's current account 25,995 -
25,995 19,020

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Bank loans and overdrafts 2,279 2,222
Tax 18,012 8,266
VAT 10,410 6,213
Accruals and deferred income 91,921 60,890
122,622 77,591

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/5/24 31/5/23
£    £   
Bank loans - 1-2 years 2,337 2,279
Bank loans - 2-5 years 8,869 7,187
Bank loans more 5 yr by instal 1,258 5,299
12,464 14,765

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,258 5,299

Finesse Group Design Limited (Registered number: 09024365)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

8. ULTIMATE CONTROLLING PARTY

The controlling party is A P Finn.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Finesse Group Design Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Finesse Group Design Limited for the year ended 31 May 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Finesse Group Design Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Finesse Group Design Limited and state those matters that we have agreed to state to the director of Finesse Group Design Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Finesse Group Design Limited and its director for our work or for this report.

It is your duty to ensure that Finesse Group Design Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Finesse Group Design Limited. You consider that Finesse Group Design Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Finesse Group Design Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE


20 January 2025