REGISTERED NUMBER: 06806596 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Fineline Environmental Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D G Walker

REGISTERED OFFICE:

Unit 6 Harton Industrial Estate

Hartland

Bideford

Devon

EX39 6AG

REGISTERED NUMBER:

06806596 (England and Wales)

ACCOUNTANTS:

KRPM Business Solutions Limited

Little Bursdon

Hartland

Bideford

Devon

EX39 6HB

FIXED ASSETS

Tangible assets

4

13,255

17,673

CURRENT ASSETS

Stocks

3,000

3,000

Debtors

5

55,874

60,719

Cash at bank and in hand

1,857

6,382

60,731

70,101

CREDITORS

Amounts falling due within one year

6

13,687

25,367

NET CURRENT ASSETS

47,044

44,734

TOTAL ASSETS LESS CURRENT LIABILITIES

60,299

62,407

CREDITORS

Amounts falling due after more than one year

7

10,369

17,466

NET ASSETS

49,930

44,941

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

49,928

44,939

SHAREHOLDERS' FUNDS

49,930

44,941

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 29 September 2025 and were signed by:

D G Walker - Director

1.	STATUTORY INFORMATION

Fineline Environmental Ltd 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Stocks

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

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.

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 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

24,058

39,008

2,640

65,706

DEPRECIATION

At 1 January 2024

20,194

26,851

988

48,033

Charge for year

966

3,039

413

4,418

At 31 December 2024

21,160

29,890

1,401

52,451

NET BOOK VALUE

At 31 December 2024

2,898

9,118

1,239

13,255

At 31 December 2023

3,864

12,157

1,652

17,673

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

15,098

3,170

Other debtors

40,776

57,549

55,874

60,719

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

8,804

-

Taxation and social security

2,598

24,033

Other creditors

2,285

1,334

13,687

25,367

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

10,369

17,466