Finlily Properties Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 11747737

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		50		50

			50		50
CURRENT ASSETS
Debtors	5	160,464		168,404
Cash at bank and in hand		1,657		1,038

		162,121		169,442
Creditors: Amounts Falling Due Within One Year	6	(161,702 )		(169,491 )

NET CURRENT ASSETS (LIABILITIES)			419		(49 )

TOTAL ASSETS LESS CURRENT LIABILITIES			469		1

NET ASSETS			469		1

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			468		-

SHAREHOLDERS' FUNDS			469		1

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Alan Mckay

Director

06/10/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Finlily Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11747737 . The registered office is East Lodge Kartway House, Lugwardine, Hereford, HR1 4AE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Investments

	Other
	£
Cost
As at 1 February 2024	50

As at 31 January 2025	50

Provision
As at 1 February 2024	-

As at 31 January 2025	-

Net Book Value
As at 31 January 2025	50

As at 1 February 2024	50

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	-	8,795
Amounts owed by associates	-	995

	-	9,790
Due after more than one year
Amounts owed by subsidiaries	160,464	158,614

	160,464	168,404

Included in debtors is £160,464 (2024: £158,614) owed from FATCO02 Ltd. The loan is not interest bearing and has no fixed repayment date. Finlily Properties Ltd owns 50% shareholding in FATCO02 Ltd.

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accruals and deferred income	504	504
Director's loan account	161,198	168,987

	161,702	169,491

Included in other creditors is loan from A R McKay of £161,198 (2024: £168,987). The loan is not interest bearing and has no fixed repayment date.

Page 2

Page 3

Finlily Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

8. Ultimate Controlling Party

The company's ultimate controlling party is A R McKay by virtue of his ownership of 100% of the issued share capital in the company.