Company Registration No. 15347697 (England and Wales)
Finlan Design Limited
Unaudited accounts
for the year ended 30 November 2025
Finlan Design Limited
Statement of financial position
as at 30 November 2025
Tangible assets
34,982
13,000
Cash at bank and in hand
27,943
17,737
Creditors: amounts falling due within one year
(38,142)
(29,941)
Net current liabilities
(4,486)
(4,648)
Total assets less current liabilities
30,496
8,352
Creditors: amounts falling due after more than one year
(20,721)
-
Provisions for liabilities
Deferred tax
(6,647)
(2,283)
Called up share capital
120
120
Profit and loss account
3,008
5,949
Shareholders' funds
3,128
6,069
For the year ending 30 November 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 30 July 2026 and were signed on its behalf by
Kurt Finlan
Director
Company Registration No. 15347697
Finlan Design Limited
Notes to the Accounts
for the year ended 30 November 2025
Finlan Design Limited is a private company, limited by shares, registered in England and Wales, registration number 15347697. The registered office is 8 PALMER GARDENS, ALCESTER, B49 5FN, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Plant & machinery
5 Years Straight Line
Motor vehicles
25% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Finlan Design Limited
Notes to the Accounts
for the year ended 30 November 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2024
1,000
12,221
13,221
Disposals
-
(12,221)
(12,221)
At 30 November 2025
1,000
38,740
39,740
At 1 December 2024
17
204
221
Charge for the year
200
5,355
5,555
On disposals
-
(1,018)
(1,018)
At 30 November 2025
217
4,541
4,758
At 30 November 2025
783
34,199
34,982
At 30 November 2024
983
12,017
13,000
Amounts falling due within one year
Accrued income and prepayments
673
548
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
3,819
-
Taxes and social security
3,684
2,524
Loans from directors
26,218
25,317
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
20,721
-
Finlan Design Limited
Notes to the Accounts
for the year ended 30 November 2025
8
Deferred taxation
2025
2024
Accelerated capital allowances
6,647
2,283
Provision at start of year
2,283
-
Charged to the profit and loss account
4,364
2,283
Provision at end of year
6,647
2,283
Allotted, called up and fully paid:
120 Ordinary shares of £1 each
120
120
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).