Micro-entity Accounts - FINEST FINISH LTD

FINEST FINISH LTD Registered Number 15920302

Micro-entity Balance Sheet as at 31 August 2025

	Notes	2025
		£
Called up share capital not paid		-
Fixed Assets		-
Current Assets		2,900
Prepayments and accrued income		-
Creditors: amounts falling due within one year		0
Net current assets (liabilities)		2,900
Total assets less current liabilities		2,900
Creditors: amounts falling due after more than one year		0
Provisions for liabilities		0
Accruals and deferred income		0
Total net assets (liabilities)		2,900
Capital and reserves		2,900

For the year ending 31 August 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 9 October 2025

And signed on their behalf by:
Samuel Sheehan, Director

Footnotes:

Guarantees
There were no guarantees entered into by the company during the financial year.

Advances and credits
There were no advances or credits granted to the director during the financial year.

FINEST FINISH LTD Registered Number 15920302

Notes to the Micro-entity Accounts for the period ended 31 August 2025

1Employees

	2025
Average number of employees during the period	1

2Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts derived from the provision of construction services. As the company was not registered for Value Added Tax (VAT) during the period, all turnover is stated exclusive of VAT. Turnover is recognised as income when the significant risks and rewards of providing the services have transferred, typically when the services have been rendered to the customer.

Tangible assets depreciation policy
Tangible fixed assets are stated at historical cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost of each asset on a systematic basis over its expected useful life. As the company was not VAT registered, the cost of any asset includes any irrecoverable VAT.

Intangible assets amortisation policy
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. Amortisation is provided on a straight-line basis over the expected useful life of the asset. The cost of any intangible asset, such as a software license, includes any irrecoverable VAT.

Valuation information and policy
Assets and liabilities are recognised and measured at historical cost, with the exception of certain financial instruments. The company has no financial instruments that are required to be valued on a basis other than cost. The micro-entity is not permitted to use revaluation or fair value amount

Other accounting policies
Financial instruments: Financial assets and financial liabilities are measured at amortised cost, which for basic financial instruments such as trade debtors and creditors is initially the transaction price.

Cash and cash equivalents: This includes cash in hand, deposits held at call with banks, and other short-term highly liquid investments.

Deferred tax: In accordance with the micro-entity regulations, the company has not made any provision for deferred tax.

Subcontractor costs: Costs incurred for services provided by subcontractors are recognised in the profit and loss account as incurred. These costs are recorded gross of any VAT paid, as the company is not VAT registered.

3Off balance sheet arrangements
The company had no arrangements, not included in its balance sheet, that could have a material effect on its financial position.