John Finlay Ltd - Filleted accounts


JOHN FINLAY LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2026































Company Registration Number: 07905357

JOHN FINLAY LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 7

JOHN FINLAY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2026


DIRECTORS

A P McEwen
A McEwen


SECRETARY

The company does not have an appointed secretary


REGISTERED OFFICE

C9 Glyme Court
Oxford Office Village
Langford Lane
Kidlington
Oxford
OX5 1LQ


COMPANY REGISTRATION NUMBER

07905357 England and Wales

JOHN FINLAY LTD

BALANCE SHEET
AS AT 31 JANUARY 2026


	Notes	2026		2025
		£		£

CURRENT ASSETS
Debtors	5	19		11
Cash at bank and in hand		49		3


		68		14

CREDITORS: Amounts falling due within one year	6	18,040		15,744
CREDITORS: Amounts falling due within one year


NET CURRENT LIABILITIES			(17,972)		(15,730)


CURRENT LIABILITIES LESS TOTAL ASSETS			(17,972)		(15,730)

CREDITORS: Amounts falling due after more than one year	7		-		659
CREDITORS: Amounts falling due after more than one year


NET LIABILITIES			(17,972)		(16,389)


CAPITAL AND RESERVES
Called up share capital			36		28
Distributable profit and loss account			(18,008)		(16,417)


SHAREHOLDERS' DEFICIT			(17,972)		(16,389)

JOHN FINLAY LTD

BALANCE SHEET
AS AT 31 JANUARY 2026


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

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.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.


Signed on behalf of the board of directors




A P McEwen
Director

Date approved by the board: 24 June 2026

JOHN FINLAY LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026


1	GENERAL INFORMATION

	John Finlay Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office and principal place of business are:

	Registered office	Principal place of business
	C9 Glyme Court	The Marlborough Arms
	Oxford Office Village	26 Oxford Street
	Langford Lane	Woodstock
	Oxford	OX20 1TS
	OX5 1LQ

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Going concern

	The accounts have been drawn up on the going concern basis. The company owes its bank £667 and owes other creditors £17,373, which could be required for repayment without notice. The company is therefore dependent upon the continued support of the bank and its creditors. The directors do not consider the support of the bank or its creditors likely to be withdrawn.

	If the going concern basis was not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for additional liabilities that might arise and to reclassify fixed assets as current assets.


	Revenue recognition

	Turnover is measured at the fair value of consideration received or receivable and represents the rental income received, stated net of trade discounts.

	The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.

JOHN FINLAY LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Financial Instruments

	A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss account.

	Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.

	Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.


	Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

JOHN FINLAY LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Leases

	Leases are classified as finance leases when they transfer substantially all the risks and rewards of ownership of the leased assets to the company. Other leases that do not transfer substantially all the risks and rewards of ownership of the leased assets to the company are classified as operating leases.

	Payments applicable to operating leases are charged against profit on a straight line basis over the lease term.

	Payments received under operating leases are recognised as income over the lease term on a straight-line basis.

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.

	Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Current and deferred tax assets and liabilities are not discounted.

3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	No significant accounting estimates and judgements have had to be made by the directors in preparing these financial statements.

4	EMPLOYEES

	The average number of persons employed by the company (including directors) during the year was:

		2026	2025
	Average number of employees	2	2

JOHN FINLAY LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026


5	DEBTORS
		2026	2025
		£	£
	Other debtors	19	11


6	CREDITORS: Amounts falling due within one year
		2026	2025
		£	£
	Bank loans and overdrafts	667	1,636
	Accruals and deferred income	7,190	12,801
	Other creditors	10,183	1,307


		18,040	15,744


7	CREDITORS: Amounts falling due after more than one year
		2026	2025
		£	£
	Bank loans and overdrafts	-	659


8	CONTINGENCIES AND COMMITMENTS

		Not provided
	Deferred Tax Assets	2026	2025
		£	£
	Losses	2,768	2,466


	Balance carried forward	2,768	2,466


	Other Commitments

	Amounts falling due under operating leases:	2026	2025
		£	£
	In less than one year	32,000	32,000
	In more than one but less than five years	128,000	128,000
	In more than five years	62,860	94,860


		222,860	254,860


9	RELATED PARTY TRANSACTIONS

	During the year, the following transactions with related parties took place:

	The Marlborough Arms Ltd
	Company under common control	2026	2025
		£	£
	Amount owed to related party	10,183	1,307