REGISTERED NUMBER: 10483062 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

FINNESTRA CONCEPT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J S Walker

REGISTERED OFFICE:

Unit 11 Grisedale Court

Postley Road

Woburn Road Industrial Estate

Kempston

Bedfordshire

MK42 7EE

REGISTERED NUMBER:

10483062 (England and Wales)

ACCOUNTANTS:

Foxley Kingham

Chartered Accountants

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

FIXED ASSETS

Tangible assets

4

56,985

42,702

CURRENT ASSETS

Debtors

5

81,873

84,780

Cash at bank

11,041

55,097

92,914

139,877

CREDITORS

Amounts falling due within one year

6

107,670

86,703

NET CURRENT (LIABILITIES)/ASSETS

(14,756

)

53,174

TOTAL ASSETS LESS CURRENT LIABILITIES

42,229

95,876

CREDITORS

Amounts falling due after more than one year

7

(14,360

)

(24,252

)

PROVISIONS FOR LIABILITIES

(213

)

(3,496

)

NET ASSETS

27,656

68,128

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

27,556

68,028

SHAREHOLDERS' FUNDS

27,656

68,128

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 March 2026 and were signed by:

Mr J S Walker - Director

1.	STATUTORY INFORMATION

Finnestra Concept 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.

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

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Group relief for current tax charges are not charged between companies.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 December 2024

27,500

2,917

69,565

4,375

104,357

Additions

-

-

31,000

-

31,000

At 30 November 2025

27,500

2,917

100,565

4,375

135,357

DEPRECIATION

At 1 December 2024

27,500

1,415

30,376

2,364

61,655

Charge for year

-

376

15,610

731

16,717

At 30 November 2025

27,500

1,791

45,986

3,095

78,372

NET BOOK VALUE

At 30 November 2025

-

1,126

54,579

1,280

56,985

At 30 November 2024

-

1,502

39,189

2,011

42,702

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 December 2024

63,390

Additions

31,000

At 30 November 2025

94,390

DEPRECIATION

At 1 December 2024

26,806

Charge for year

14,959

At 30 November 2025

41,765

NET BOOK VALUE

At 30 November 2025

52,625

At 30 November 2024

36,584

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

41,850

24,491

Amounts owed by group undertakings

38,943

59,209

Other debtors

1,080

1,080

81,873

84,780

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

49,302

18,791

Hire purchase contracts

27,760

12,432

Trade creditors

11,406

8,870

Corporation tax

4,809

13,640

Taxation and social security

4,368

2,931

VAT

8,225

23,239

Accrued expenses

1,800

6,800

107,670

86,703

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

14,360

24,252

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

42,120

36,684

The company's hire purchase creditors are secured over the assets to which they relate.

9.	ULTIMATE CONTROLLING PARTY

The parent company is Simplicity Blinds Limited.

Unit 11 Grisedale Court

Postley Road

Woburn Road Industrial Estate

Kempston

Bedfordshire

MK42 7EE

The ultimate controlling party is Mr J Walker and Mrs H Walker based on their shareholding in the parent company.