Company Registration No. 09595951 (England and Wales)
THE FINANCE GROUP LIMITED
Unaudited accounts
for the year ended 31 December 2021
THE FINANCE GROUP LIMITED
Unaudited accounts
Contents
THE FINANCE GROUP LIMITED
Company Information
for the year ended 31 December 2021
Company Number
09595951 (England and Wales)
Registered Office
85 GREAT PORTLAND STREET
LONDON
W1W 7LT
ENGLAND
THE FINANCE GROUP LIMITED
Statement of financial position
as at
31 December 2021
Tangible assets
1,207,378
655,244
Inventories
692,997
242,084
Cash at bank and in hand
638,664
477,942
Creditors: amounts falling due within one year
(313,864)
(301,435)
Net current assets
1,346,772
744,088
Net assets
2,554,150
1,399,332
Called up share capital
500,001
500,001
Profit and loss account
2,054,149
899,331
Shareholders' funds
2,554,150
1,399,332
For the year ending 31 December 2021 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 28 February 2022 and were signed on its behalf by
Jan Muller
Director
Company Registration No. 09595951
THE FINANCE GROUP LIMITED
Notes to the Accounts
for the year ended 31 December 2021
THE FINANCE GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09595951. The registered office is 85 GREAT PORTLAND STREET, LONDON, W1W 7LT, ENGLAND.
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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.
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:
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2021
428,900
-
137,022
47,432
283,977
897,331
Additions
315,350
187,298
118,940
30,074
116,180
767,842
At 31 December 2021
744,250
187,298
255,962
77,506
400,157
1,665,173
At 1 January 2021
7,342
-
25,982
7,334
201,429
242,087
Charge for the year
37,988
20,882
42,484
17,088
97,266
215,708
At 31 December 2021
45,330
20,882
68,466
24,422
298,695
457,795
At 31 December 2021
698,920
166,416
187,496
53,084
101,462
1,207,378
At 31 December 2020
421,558
-
111,040
40,098
82,548
655,244
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Debtors: amounts falling due within one year
2021
2020
Trade debtors
328,975
325,497
THE FINANCE GROUP LIMITED
Notes to the Accounts
for the year ended 31 December 2021
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Creditors: amounts falling due within one year
2021
2020
Trade creditors
42,981
26,255
Taxes and social security
270,883
275,180
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Average number of employees
During the year the average number of employees was 18 (2020: 18).