REGISTERED NUMBER: 01345166 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

J. R. FINISHRIGHT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Coe

SECRETARY:

Ms J Taylor

REGISTERED OFFICE:

Mulberry Trading Estate

Foundry Lane

Horsham

West Sussex

RH13 5PX

REGISTERED NUMBER:

01345166 (England and Wales)

ACCOUNTANTS:

Blue Swift Accountants Limited

37 Riverside House

River Lawn Road

Tonbridge

Kent

TN9 1EP

FIXED ASSETS

Tangible assets

4

7,948

10,895

CURRENT ASSETS

Stocks

2,000

2,000

Debtors

5

537,516

596,551

Cash at bank

82,271

167,960

621,787

766,511

CREDITORS

Amounts falling due within one year

6

75,994

69,921

NET CURRENT ASSETS

545,793

696,590

TOTAL ASSETS LESS CURRENT LIABILITIES

553,741

707,485

PROVISIONS FOR LIABILITIES

18

18

NET ASSETS

553,723

707,467

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

553,623

707,367

SHAREHOLDERS' FUNDS

553,723

707,467

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 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 23 December 2025 and were signed by:

C Coe - Director

1.	STATUTORY INFORMATION

J. R. Finishright Limited 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 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.

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.

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 11 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

115,913

45,999

17,204

179,116

DEPRECIATION

At 1 April 2024

109,259

43,105

15,857

168,221

Charge for year

1,664

724

559

2,947

At 31 March 2025

110,923

43,829

16,416

171,168

NET BOOK VALUE

At 31 March 2025

4,990

2,170

788

7,948

At 31 March 2024

6,654

2,894

1,347

10,895

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

166,209

252,244

Amounts owed by group undertakings

10,777

10,777

Other debtors

360,530

333,530

537,516

596,551

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

32,982

23,440

Taxation and social security

32,995

35,599

Other creditors

10,017

10,882

75,994

69,921

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

1

100

100

8.

RESERVES

Retained

earnings

£

At 1 April 2024

707,367

Deficit for the year

(153,744

)

At 31 March 2025

553,623

9.	ULTIMATE CONTROLLING PARTY

Mr C Coe controls the company by virtue of his shareholding in the parent company, Comek Holdings Limited.