Finglow Holdings Limited - Accounts to registrar (filleted) - small 18.2

Finglow Holdings Limited - Accounts to registrar (filleted) - small 18.2

FINGLOW HOLDINGS LIMITED - Company Information

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REGISTERED NUMBER: 02735376 (England and Wales)















Financial Statements for the Year Ended 31 August 2021

for

Finglow Holdings Limited
Finglow Holdings Limited (Registered number: 02735376)






Contents of the Financial Statements
for the Year Ended 31 August 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Finglow Holdings Limited

Company Information
for the Year Ended 31 August 2021







DIRECTORS: B L Cashman
L T Billings
R S Green





SECRETARY: L T Billings





REGISTERED OFFICE: 34 Chambers Street
Hertford
Hertfordshire
SG14 1PL





REGISTERED NUMBER: 02735376 (England and Wales)





AUDITORS: Fisher Michael
The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT
Page 1
Finglow Holdings Limited (Registered number: 02735376)

Balance Sheet
31 August 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Investments 4 427,076 427,076

CURRENT ASSETS
Debtors 5 22,486 4,968
Cash at bank 388,492 409,006
410,978 413,974
CREDITORS
Amounts falling due within one year 6 1,244 911
NET CURRENT ASSETS 409,734 413,063
TOTAL ASSETS LESS CURRENT
LIABILITIES
836,810
840,139

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 836,610 839,939
SHAREHOLDERS' FUNDS 836,810 840,139

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2022 and were signed on its behalf by:





B L Cashman - Director


The notes form part of these financial statements

Page 2
Finglow Holdings Limited (Registered number: 02735376)

Notes to the Financial Statements
for the Year Ended 31 August 2021

1. STATUTORY INFORMATION

Finglow Holdings 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 company is part of a group.

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.

Preparation of consolidated financial statements
The financial statements contain information about Finglow Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
No significant judgements or estimations have been applied in the preparation of the financial statements.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to related parties and investments in ordinary shares.

Fixed asset investments
Investments in subsidiaries are recognised at cost less any permanent impairment.

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

Creditors
Short terms creditors are measured at the price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2020 - 3 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2020
and 31 August 2021 427,076
NET BOOK VALUE
At 31 August 2021 427,076
At 31 August 2020 427,076

Page 3 continued...
Finglow Holdings Limited (Registered number: 02735376)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2021

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Amounts owed by group undertakings 22,486 98
Other debtors - 4,870
22,486 4,968

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other creditors 1,244 911

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrea Kaley (Senior Statutory Auditor)
for and on behalf of Fisher Michael

8. RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £48 (2020: £98) by Finglow Consultants Limited and £22,438 by Finglow Inc (2020: Nil).

9. ULTIMATE CONTROLLING PARTY

B L Cashman owns 90% of the issued share capital of the company and is therefore the ultimate controlling party.

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