IRIS Accounts Production v25.1.3.33 01549969 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh015499692023-11-30015499692024-11-30015499692023-12-012024-11-30015499692022-11-30015499692022-12-012023-11-30015499692023-11-3001549969ns15:EnglandWales2023-12-012024-11-3001549969ns14:PoundSterling2023-12-012024-11-3001549969ns10:Director12023-12-012024-11-3001549969ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3001549969ns10:SmallEntities2023-12-012024-11-3001549969ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3001549969ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3001549969ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3001549969ns10:FullAccounts2023-12-012024-11-3001549969ns10:Director22023-12-012024-11-3001549969ns10:Director32023-12-012024-11-3001549969ns10:CompanySecretary12023-12-012024-11-3001549969ns10:RegisteredOffice2023-12-012024-11-3001549969ns5:CurrentFinancialInstruments2024-11-3001549969ns5:CurrentFinancialInstruments2023-11-3001549969ns5:ShareCapital2024-11-3001549969ns5:ShareCapital2023-11-3001549969ns5:CapitalRedemptionReserve2024-11-3001549969ns5:CapitalRedemptionReserve2023-11-3001549969ns5:RetainedEarningsAccumulatedLosses2024-11-3001549969ns5:RetainedEarningsAccumulatedLosses2023-11-3001549969ns5:LeaseholdImprovements2023-12-012024-11-3001549969ns5:PlantMachinery2023-12-012024-11-3001549969ns5:LeaseholdImprovements2023-11-3001549969ns5:PlantMachinery2023-11-3001549969ns5:LeaseholdImprovements2024-11-3001549969ns5:PlantMachinery2024-11-3001549969ns5:LeaseholdImprovements2023-11-3001549969ns5:PlantMachinery2023-11-3001549969ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3001549969ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3001549969ns10:Director222023-11-3001549969ns10:Director222022-11-3001549969ns10:Director222023-12-012024-11-3001549969ns10:Director222022-12-012023-11-3001549969ns10:Director222024-11-3001549969ns10:Director222023-11-30015499691ns10:Director12023-11-30015499691ns10:Director12022-11-30015499691ns10:Director12023-12-012024-11-30015499691ns10:Director12022-12-012023-11-30015499691ns10:Director12024-11-30015499691ns10:Director12023-11-30015499693ns10:Director32023-11-30015499693ns10:Director32022-11-30015499693ns10:Director32023-12-012024-11-30015499693ns10:Director32022-12-012023-11-30015499693ns10:Director32024-11-30015499693ns10:Director32023-11-30
REGISTERED NUMBER: 01549969 (England and Wales)








Unaudited Financial Statements

for the Year Ended

30 November 2024

for

Finesse Windows Limited

Finesse Windows Limited (Registered number: 01549969)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Finesse Windows Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: R D Bridge
Mrs G J Bridge
Mrs E G Franklin





SECRETARY: Mrs G J Bridge





REGISTERED OFFICE: Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT





REGISTERED NUMBER: 01549969 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

Finesse Windows Limited (Registered number: 01549969)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 50,516 52,862
Investments 5 122,929 172,929
173,445 225,791

CURRENT ASSETS
Stocks 186,509 137,242
Debtors 6 337,386 425,563
Cash at bank and in hand 226,850 211,338
750,745 774,143
CREDITORS
Amounts falling due within one year 7 763,943 707,947
NET CURRENT (LIABILITIES)/ASSETS (13,198 ) 66,196
TOTAL ASSETS LESS CURRENT
LIABILITIES

160,247

291,987

PROVISIONS FOR LIABILITIES 12,630 10,050
NET ASSETS 147,617 281,937

CAPITAL AND RESERVES
Called up share capital 9,003 9,003
Capital redemption reserve 9,003 9,003
Retained earnings 129,611 263,931
SHAREHOLDERS' FUNDS 147,617 281,937

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Finesse Windows Limited (Registered number: 01549969)

Balance Sheet - continued
30 November 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by:





R D Bridge - Director


Finesse Windows Limited (Registered number: 01549969)

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

1. STATUTORY INFORMATION

Finesse Windows Limited 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 20% on cost and 15% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 32 ) .

Finesse Windows Limited (Registered number: 01549969)

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

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 December 2023 59,184 236,593 295,777
Additions - 7,161 7,161
At 30 November 2024 59,184 243,754 302,938
DEPRECIATION
At 1 December 2023 58,516 184,399 242,915
Charge for year 333 9,174 9,507
At 30 November 2024 58,849 193,573 252,422
NET BOOK VALUE
At 30 November 2024 335 50,181 50,516
At 30 November 2023 668 52,194 52,862

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Value at cost 122,929 172,929

Other investments comprise of an International Bond with Standard Life, the market value of which at 30th November 2024 amounted to £145,458 (2023: £133,657,an Etoro investment which had a market value at 30 November 2024 of £6,951 (2023:£2,767) and an Old Mutual investment which had a market value at November 2024 of £nil (2023: £55,691).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 187,317 204,671
Other debtors 150,069 220,892
337,386 425,563

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 344,502 351,039
Taxation and social security 105,284 141,085
Other creditors 314,157 215,823
763,943 707,947

8. OTHER FINANCIAL COMMITMENTS

The total amount of commitments, guarantees and contingencies at the end of the year was £145,825 (2023: £212,772).

Finesse Windows Limited (Registered number: 01549969)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
Mrs G J Bridge
Balance outstanding at start of year 63,320 73,921
Amounts advanced 58,724 63,399
Amounts repaid (64,000 ) (74,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 58,044 63,320

R D Bridge
Balance outstanding at start of year 98,927 88,671
Amounts advanced 94,620 99,756
Amounts repaid (160,000 ) (89,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 33,547 98,927

Mrs E G Franklin
Balance outstanding at start of year 38,549 34,423
Amounts advanced 44,122 39,126
Amounts repaid (39,000 ) (35,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 43,671 38,549