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REGISTERED NUMBER: 11931638 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Finnest Group Ltd

Finnest Group Ltd (Registered number: 11931638)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Finnest Group Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Biswanath Patnaik





REGISTERED OFFICE: This Workspace
18 Albert Road
Bournemouth
Dorset
BH1 1BZ





REGISTERED NUMBER: 11931638 (England and Wales)






Finnest Group Ltd (Registered number: 11931638)

Abridged Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investments 5 - 817,594,637

CURRENT ASSETS
Debtors 847,013 33,675,482
Investments 20,000 -
Cash at bank 3,340 968
870,353 33,676,450
CREDITORS
Amounts falling due within one year 840,878 647,284
NET CURRENT ASSETS 29,475 33,029,166
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,475

850,623,803

CREDITORS
Amounts falling due after more than
one year

-

850,594,637
NET ASSETS 29,475 29,166

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 29,375 29,066
SHAREHOLDERS' FUNDS 29,475 29,166

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

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

Finnest Group Ltd (Registered number: 11931638)

Abridged Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 31 January 2025 and were signed by:





Biswanath Patnaik - Director


Finnest Group Ltd (Registered number: 11931638)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Finnest Group Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 May 2023 817,594,637
Disposals (817,594,637 )
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 817,594,637

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100

Finnest Group Ltd (Registered number: 11931638)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. RESERVES
Retained
earnings
£   

At 1 May 2023 29,066
Profit for the year 309
At 30 April 2024 29,375

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
A Kar
Balance outstanding at start of year (773 ) (773 )
Amounts advanced 15 -
Amounts repaid (42,205 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (42,963 ) (773 )

Biswanath Patnaik
Balance outstanding at start of year - -
Amounts repaid (88,180 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (88,180 ) -