Fine Home Sales Limited - Accounts to registrar (filleted) - small 18.2

Fine Home Sales Limited - Accounts to registrar (filleted) - small 18.2

FINE HOME SALES LIMITED - Company Information

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REGISTERED NUMBER: 06699427 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2021

for

Fine Home Sales Limited
Fine Home Sales Limited (Registered number: 06699427)

Contents of the Financial Statements
for the Year Ended 30 September 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fine Home Sales Limited

Company Information
for the Year Ended 30 September 2021







DIRECTORS: J D Cooper
M J Foundly





REGISTERED OFFICE: Chamberlains
1 Bank Street
Newton Abbot
TQ12 2JL





REGISTERED NUMBER: 06699427 (England and Wales)





ACCOUNTANTS: Cooper Associates Accountants Ltd
40 St James Buildings
St James Street
Taunton
Somerset
TA1 1JR
Page 1
Fine Home Sales Limited (Registered number: 06699427)

Balance Sheet
30 September 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,437 209

CURRENT ASSETS
Debtors 5 29,162 29,162
Cash at bank 235,425 206,758
264,587 235,920
CREDITORS
Amounts falling due within one year 6 62,757 76,044
NET CURRENT ASSETS 201,830 159,876
TOTAL ASSETS LESS CURRENT
LIABILITIES
206,267
160,085

CREDITORS
Amounts falling due after more than one
year
7
42,593
50,000
NET ASSETS 163,674 110,085

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 163,672 110,083
163,674 110,085

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
Fine Home Sales Limited (Registered number: 06699427)

Balance Sheet - continued
30 September 2021


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 November 2021 and were signed on its behalf by:





M J Foundly - Director


The notes form part of these financial statements

Page 3
Fine Home Sales Limited (Registered number: 06699427)

Notes to the Financial Statements
for the Year Ended 30 September 2021


1. STATUTORY INFORMATION

Fine Home Sales 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2020 - 5 ) .

Page 4 continued...
Fine Home Sales Limited (Registered number: 06699427)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2021


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 October 2020 8,335
Additions 5,917
At 30 September 2021 14,252
DEPRECIATION
At 1 October 2020 8,126
Charge for year 1,689
At 30 September 2021 9,815
NET BOOK VALUE
At 30 September 2021 4,437
At 30 September 2020 209

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2021 2020
£    £   
Other debtors 29,162 29,162

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 5,556 -
Trade creditors 2,479 1,357
Taxation and social security 19,179 37,088
Other creditors 35,543 37,599
62,757 76,044

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2021 2020
£    £   
Bank loans 42,593 50,000

Page 5 continued...
Fine Home Sales Limited (Registered number: 06699427)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2021


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2021 2020
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 20,370 -

Page 6