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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
Page
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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
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Finest Seven Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Current assets
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)
Capital and reserves
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
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Finest Seven Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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
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.
Foreign exchange
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.
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Finest Seven Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2023
3,441 
At 30 June 2024
3,441 
Depreciation
At 1 July 2023
3,441 
At 30 June 2024
3,441 
Net book value
At 30 June 2024
- 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
60,340 
60,340 
Accruals
300 
300 
60,640 
60,640 
6
Share capital
2024 
2023 
£ 
£ 
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).
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