Registered number: 15022331 | ||||||||
FOR THE 374 DAY PERIOD ENDED 31/07/2024 | ||||||||
Prepared By: | ||||||||
Greenhalgh Johnson Ltd | ||||||||
Accountants & Tax Advisers | ||||||||
Elland House | ||||||||
22 High Street | ||||||||
Burgh le Marsh | ||||||||
Lincolnshire | ||||||||
PE24 5JT |
Finesse Auto Body Centre Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE 374 DAY PERIOD ENDED 31/07/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Lincs | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 15022331 | ||||||||
ACCOUNTANTS | ||||||||
Greenhalgh Johnson Ltd | ||||||||
Accountants & Tax Advisers | ||||||||
Elland House | ||||||||
22 High Street | ||||||||
Burgh le Marsh | ||||||||
Lincolnshire | ||||||||
PE24 5JT |
Finesse Auto Body Centre Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE374 DAY PERIODENDED31/07/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Finesse Auto Body Centre Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | ||||||||||
Notes | £ | |||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
6,448 | ||||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | (131,359) | |||||||||
SHAREHOLDERS' FUNDS | ( | |||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Finesse Auto Body Centre Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE 374 DAY PERIOD ENDED 31/07/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
These financial statements have not been prepared on the going concern basis.This may not be appropriate as the deficit on the assets was £131,259 for the period ended 31.07.2024, however the directors will continue to support the company. |
1c. Depreciation | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 25% |
1d. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
2. EMPLOYEES | ||||||
2024 | ||||||
No. | No. | |||||
Average number of employees | ||||||
Finesse Auto Body Centre Ltd | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Plant and | Fixtures | |||||
Machinery | and Fittings | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
Additions | 56,136 | 9,368 | 65,504 | |||
At 31/07/2024 | 56,136 | 9,368 | 65,504 | |||
Depreciation | ||||||
For the 374 day period | 14,034 | 2,342 | 16,376 | |||
At 31/07/2024 | 14,034 | 2,342 | 16,376 | |||
Net Book Amounts | ||||||
At 31/07/2024 | 49,128 | |||||
4. STOCK | 2024 | |||
£ | ||||
Stock comprises: | ||||
Stock | ||||
5. DEBTORS | 2024 | |||||||
£ | ||||||||
Amounts falling due within one year | ||||||||
Trade debtors | 480 | |||||||
480 | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | ||||||||
£ | ||||||||
VAT | 1,047 | |||||||
PAYE control | 1,738 | |||||||
G Unwin Dir C/Ac | 69,213 | |||||||
M Holmes Dir C/Ac | 56,938 | |||||||
Trade creditors | 56,829 | |||||||
Accruals | 1,070 | |||||||
186,835 | ||||||||
Finesse Auto Body Centre Ltd | ||||||||
7. SHARE CAPITAL | 2024 | |||||||
£ | ||||||||
Allotted, issued and fully paid: | ||||||||
100 | ||||||||
100 | ||||||||
New shares issued during period: | ||||||||
100 | 100 | |||||||
100 | ||||||||