Finnmade furniture solutions ltd

Registered number

03859463

Filleted Accounts

31 October 2025

Finnmade furniture solutions ltd
Registered number:		03859463
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		365,000			365,000
Tangible assets	4		2,108			3,140
			367,108			368,140

Current assets
Debtors	5	978			15,580
Cash at bank and in hand		52,650			36,074
		53,628			51,654

Creditors: amounts falling due within one year	6	(41,769)			(31,346)

Net current assets			11,859			20,308

Total assets less current liabilities			378,967			388,448


Provisions for liabilities			-			(597)


Net assets			378,967			387,851

Capital and reserves
Called up share capital			100			100
Profit and loss account			378,867			387,751

Shareholders' funds			378,967			387,851

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The 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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J E Van Gorder
Director
Approved by the board on 23 July 2026

Finnmade furniture solutions ltd
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Property	Not depreciable
	Alteration to property	4% SLM
	Plant and machinery	20% SLM
	Office equipment	20% SLM

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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 future taxable profits. Deferred tax is measured using the 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 November 2024					365,000
	At 31 October 2025					365,000

	Amortisation
	At 31 October 2025					-

	Net book value
	At 31 October 2025					365,000
	At 31 October 2024					365,000

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 November 2024	17,589		23,338		40,927
	At 31 October 2025	17,589		23,338		40,927

	Depreciation
	At 1 November 2024	14,777		23,010		37,787
	Charge for the year	704		328		1,032
	At 31 October 2025	15,481		23,338		38,819

	Net book value
	At 31 October 2025	2,108		-		2,108
	At 31 October 2024	2,812		328		3,140


5	Debtors			2025		2024
£					£

	Trade debtors			-		14,605
	Other debtors			978		975
				978		15,580


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Taxation and social security costs			11,390		14,927
	Other creditors			30,379		16,419
				41,769		31,346


7	Other information

	Finnmade furniture solutions ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Building 18, Gateway 1000
	Whittle Way, Arington Businees Park
	Stevenage
	Hertfordshire
	SG1 2FP