REGISTERED NUMBER: 09439731

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FINAL FINISHES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

AC Halliwell

S Riley

REGISTERED OFFICE:

33 Highfields Road

Highfields Caldecote

Cambridgeshire

CB23 7NX

REGISTERED NUMBER:

09439731

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

5

22,951

16,187

CURRENT ASSETS

Debtors

6

25,709

4,075

Cash and cash equivalents

20,692

22,516

46,401

26,591

CREDITORS

Amounts falling due within one year

7

(41,381

)

(31,674

)

NET CURRENT ASSETS/(LIABILITIES)

5,020

(5,083

)

TOTAL ASSETS LESS CURRENT LIABILITIES

27,971

11,104

CREDITORS

Amounts falling due after more than one year

8

(1,271

)

(9,433

)

PROVISIONS FOR LIABILITIES

9

(4,361

)

(3,075

)

NET ASSETS/(LIABILITIES)

22,339

(1,404

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

22,239

(1,504

)

SHAREHOLDERS' FUNDS

22,339

(1,404

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Profit and loss account has not been delivered.

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

AC Halliwell - Director

1.	STATUTORY INFORMATION

Final Finishes Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Motor vehicles

-

15%, 25% on reducing balance

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Interest is debited to the profit and loss account in the year to which it relates.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

46,949

Additions

9,550

At 31 March 2025

56,499

DEPRECIATION

At 1 April 2024

30,762

Charge for year

2,786

At 31 March 2025

33,548

NET BOOK VALUE

At 31 March 2025

22,951

At 31 March 2024

16,187

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,196

1,506

Other debtors

20,513

2,569

25,709

4,075

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,519

8,519

Trade creditors

159

-

Taxation and social security

10,123

2,193

Other creditors

22,580

20,962

41,381

31,674

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,271

9,433

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

4,361

3,075

Deferred

tax

£

Balance at 1 April 2024

3,075

Provided during year

1,286

Balance at 31 March 2025

4,361

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed Mr A Halliwell, a director £20,797 (2024 - £19,671). The amount bears no interest, is unsecured, repayable on demand and is disclosed within creditors due in less than 1 year.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is AC Halliwell.

13.	SIGNIFICANT JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In preparing the financial statements, the directors have exercised judgement in determining the appropriate accounting treatment for the company’s tangible fixed assets and deferred taxation.

The depreciation of tangible fixed assets requires estimation of their useful economic lives and residual values, which are reviewed annually. Changes in these estimates could result in a material adjustment to the depreciation charge in future periods.

The recognition and measurement of deferred tax balances involve estimation of the timing and extent to which temporary differences will reverse and the availability of future taxable profits against which deferred tax assets may be utilised. Changes in tax legislation, tax rates or future profitability could result in material adjustments to deferred tax balances.