Company Registration No. 07067169 (England and Wales)
Finest Seven Limited
Dormant accounts
for the year ended 30 June 2024
Finest Seven Limited
Dormant accounts
Contents
Finest Seven Limited
Company Information
for the year ended 30 June 2024
Directors
Mr J Stevens
Miss A Fine
Company Number
07067169 (England and Wales)
Registered Office
C/o Accountancy Managers Ltd
164 New Cavendish Street
London
W1W 6YT
Finest Seven Limited
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
174
174
Creditors: amounts falling due within one year
(60,640)
(60,640)
Net current liabilities
(60,466)
(60,466)
Net liabilities
(60,466)
(60,466)
Called up share capital
10
10
Profit and loss account
(60,476)
(60,476)
Shareholders' funds
(60,466)
(60,466)
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 25 March 2025 and were signed on its behalf by
Miss A Fine
Director
Company Registration No. 07067169
Finest Seven Limited
Notes to the Accounts
for the year ended 30 June 2024
Finest Seven Limited is a private company, limited by shares, registered in England and Wales, registration number 07067169. The registered office is C/o Accountancy Managers Ltd, 164 New Cavendish Street, London, W1W 6YT.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Plant & machinery
20% on cost
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Finest Seven Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
60,340
60,340
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).