Registered number: 8518665 | ||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||
Prepared By: | ||||||||
Essex Tax Services Ltd | ||||||||
Holly House | ||||||||
Main Road | ||||||||
Ford End | ||||||||
Essex | ||||||||
CM3 1LL |
FINC Architects Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Essex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 8518665 | ||||||||
ACCOUNTANTS | ||||||||
Essex Tax Services Ltd | ||||||||
Holly House | ||||||||
Main Road | ||||||||
Ford End | ||||||||
Essex | ||||||||
CM3 1LL |
FINC Architects Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/05/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' 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 | - |
FINC Architects Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
340,483 | 393,078 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (191,005) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 461,616 | 414,943 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 392,834 | 443,921 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
FINC Architects Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||||
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. Depreciation | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 15% | |||||||
Equipment | reducing balance 20% | |||||||
Motor Cars | reducing balance 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
FINC Architects Ltd | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||||||||
Land And | Plant and | Fixtures | ||||||||||
Buildings | Machinery | and Fittings | Equipment | Motor Cars | Total | |||||||
£ | £ | £ | £ | £ | £ | |||||||
Cost | ||||||||||||
At 01/06/2023 | 929,780 | 40,543 | 14,872 | 57,745 | 145,294 | 1,188,234 | ||||||
Additions | 29,098 | - | 12,222 | - | - | 41,320 | ||||||
At 31/05/2024 | 958,878 | 40,543 | 27,094 | 57,745 | 145,294 | 1,229,554 | ||||||
Depreciation | ||||||||||||
At 01/06/2023 | - | 10,136 | 9,356 | 40,184 | 63,566 | 123,242 | ||||||
For the year | - | 7,602 | 2,661 | 3,512 | 20,432 | 34,207 | ||||||
At 31/05/2024 | - | 17,738 | 12,017 | 43,696 | 83,998 | 157,449 | ||||||
Net Book Amounts | ||||||||||||
At 31/05/2024 | 1,072,105 | |||||||||||
At 31/05/2023 | 1,064,992 | |||||||||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 308,160 | 295,079 | ||||||
308,160 | 295,079 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 25,048 | 33,939 | ||||||
VAT | 110,761 | 82,198 | ||||||
PAYE control | 21,575 | 19,180 | ||||||
Directors current account | 136,357 | 4,742 | ||||||
Bank loans and overdrafts | 19,187 | 11,631 | ||||||
Bank Loan | 756 | - | ||||||
Loans | 146,000 | 177,388 | ||||||
Hire purchase | 44,050 | 69,292 | ||||||
Trade creditors | 14,049 | 110,493 | ||||||
Accruals | 22,910 | 75,220 | ||||||
540,693 | 584,083 | |||||||
FINC Architects Ltd | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Loans >1yr | 461,616 | 414,943 | ||||||
461,616 | 414,943 | |||||||
7. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 17,345 | 15,023 | ||||||
17,345 | 15,023 | |||||||
8. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||