Company Registration No. 10345550 (England and Wales)
Finestart Holdings Limited
Unaudited accounts
for the year ended 31 August 2025
Finestart Holdings Limited
Unaudited accounts
Contents
Finestart Holdings Limited
Company Information
for the year ended 31 August 2025
Company Number
10345550 (England and Wales)
Registered Office
Finns Farm
Station Road
Plumpton Green
BN7 3DF
England
Accountants
Maxwell-Gumbleton & Co.
1 West Street
Lewes
East Sussex
BN7 2NZ
Finestart Holdings Limited
Statement of financial position
as at 31 August 2025
Tangible assets
1,696
2,262
Investment property
98,644
98,644
Cash at bank and in hand
10
91
Creditors: amounts falling due within one year
(82,153)
(79,046)
Net current liabilities
(82,143)
(78,955)
Total assets less current liabilities
18,199
21,953
Creditors: amounts falling due after more than one year
(14,166)
(14,937)
Called up share capital
100
100
Profit and loss account
3,933
6,916
Shareholders' funds
4,033
7,016
For the year ending 31 August 2025 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 May 2026 and were signed on its behalf by
Philip Davis
Director
Company Registration No. 10345550
Finestart Holdings Limited
Notes to the Accounts
for the year ended 31 August 2025
Finestart Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 10345550. The registered office is Finns Farm, Station Road, Plumpton Green, BN7 3DF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Finestart Holdings Limited
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Motor vehicles
Fair value at 1 September 2024
98,644
6
Investments
Other investments
Valuation at 1 September 2024
2
Valuation at 31 August 2025
2
Details of the investment in which the company holds 20% or more of the nominal value of any class of share capital is as follows:
Peacehaven Builders (registered office is 2 The Cedars, Peacehaven, BN10 7SZ) - 100% of the voting rights and share capital.
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,890
9,890
Other creditors
17,411
17,335
Loans from directors
54,102
51,071
8
Creditors: amounts falling due after more than one year
2025
2024
Finestart Holdings Limited
Notes to the Accounts
for the year ended 31 August 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).