REGISTERED NUMBER: |
Report of the Directors and |
Unaudited Financial Statements for the Period 21 August 2024 to 31 March 2025 |
for |
FLAWLESS FINISHES PLASTERING LTD |
REGISTERED NUMBER: |
Report of the Directors and |
Unaudited Financial Statements for the Period 21 August 2024 to 31 March 2025 |
for |
FLAWLESS FINISHES PLASTERING LTD |
FLAWLESS FINISHES PLASTERING LTD (Registered number: 15908761) |
Contents of the Financial Statements |
for the Period 21 August 2024 to 31 March 2025 |
Page |
Company Information | 1 |
Report of the Directors | 2 |
Statement of Income and Retained Earnings | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
FLAWLESS FINISHES PLASTERING LTD |
Company Information |
for the Period 21 August 2024 to 31 March 2025 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
STAFFORDSHIRE KNOT |
PINFOLD STREET |
WEDNESBURY |
WS10 8TE |
FLAWLESS FINISHES PLASTERING LTD (Registered number: 15908761) |
Report of the Directors |
for the Period 21 August 2024 to 31 March 2025 |
The directors present their report with the financial statements of the company for the period 21 August 2024 to 31 March 2025. |
INCORPORATION |
The company was incorporated on 21 August 2024 and commenced trading on the same date. |
DIRECTORS |
The directors who have held office during the period from 21 August 2024 to the date of this report are as follows: |
Both the directors who are eligible offer themselves for election at the forthcoming first Annual General Meeting. |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
FLAWLESS FINISHES PLASTERING LTD (Registered number: 15908761) |
Statement of Income and Retained Earnings |
for the Period 21 August 2024 to 31 March 2025 |
Notes | £ |
TURNOVER |
Cost of sales |
GROSS PROFIT |
Administrative expenses |
OPERATING PROFIT and |
PROFIT BEFORE TAXATION |
Tax on profit |
PROFIT FOR THE FINANCIAL PERIOD |
Dividends | 4 | ( |
) |
RETAINED EARNINGS AT END OF PERIOD |
FLAWLESS FINISHES PLASTERING LTD (Registered number: 15908761) |
Balance Sheet |
31 March 2025 |
Notes | £ |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
FLAWLESS FINISHES PLASTERING LTD (Registered number: 15908761) |
Notes to the Financial Statements |
for the Period 21 August 2024 to 31 March 2025 |
1. | STATUTORY INFORMATION |
FLAWLESS FINISHES PLASTERING LTD is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | DIVIDENDS |
£ |
ordinary shares of 1.00 each |
Final |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
CIS Tax suffered | 9,818 |
VAT |
FLAWLESS FINISHES PLASTERING LTD (Registered number: 15908761) |
Notes to the Financial Statements - continued |
for the Period 21 August 2024 to 31 March 2025 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Tax |
Directors' current accounts | 8,190 |
Accrued expenses |