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REGISTERED NUMBER: 10724622 (England and Wales)










Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Fintech Analytics Limited

Fintech Analytics Limited (Registered number: 10724622)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 4


Fintech Analytics Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr Srinivasan Krishnamoorthy





REGISTERED OFFICE: 12 Park Lane
Tilehurst
Reading
Berkshire
RG31 5DL





REGISTERED NUMBER: 10724622 (England and Wales)





ACCOUNTANTS: Avalon Accounting Limited
12 Park Lane
Tilehurst
Reading
Berkshire
RG31 5DL

Fintech Analytics Limited

Report of the Accountants to the Director of
Fintech Analytics Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Avalon Accounting Limited
12 Park Lane
Tilehurst
Reading
Berkshire
RG31 5DL


Date: .............................................

Fintech Analytics Limited (Registered number: 10724622)

Balance Sheet
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 3 1,516 2,181

CURRENT ASSETS
Debtors 4 170,300 145,000
Cash at bank 15,102 73,636
185,402 218,636
CREDITORS
Amounts falling due within one year 5 (112,068 ) (138,724 )
NET CURRENT ASSETS 73,334 79,912
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,850

82,093

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 74,750 81,993
SHAREHOLDERS' FUNDS 74,850 82,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 27 October 2023 and were signed by:





Mr Srinivasan Krishnamoorthy - Director


Fintech Analytics Limited (Registered number: 10724622)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

TAXATION
Taxation for the year comprises current 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 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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

3. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022 700 2,974 3,674
Disposals - (379 ) (379 )
At 28 February 2023 700 2,595 3,295
DEPRECIATION
At 1 March 2022 306 1,187 1,493
Charge for year 98 407 505
Eliminated on disposal - (219 ) (219 )
At 28 February 2023 404 1,375 1,779
NET BOOK VALUE
At 28 February 2023 296 1,220 1,516
At 28 February 2022 394 1,787 2,181

Fintech Analytics Limited (Registered number: 10724622)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Intercompany Loan 133,400 145,000
Other Loan 36,900 -
170,300 145,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax (840 ) 2,942
VAT 4,523 28,568
Directors' current accounts 107,503 106,374
Accrued expenses 882 840
112,068 138,724

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

7. RESERVES
Retained
earnings
£   

At 1 March 2022 81,993
Deficit for the year (4,243 )
Dividends (3,000 )
At 28 February 2023 74,750

Fintech Analytics Limited (Registered number: 10724622)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. RELATED PARTY DISCLOSURES

Details of related party transactions are given below:-
a. As at year end, company owned, £133,400 to the following parties. Details as given below :-
1. As at year end Global habitat Ltd owned to Company £1,100(P.Y. £5,000) in which Mr Srinivasan Krishnamoorthy is also director.
Opening balance : £5,000
Transactions during the year : Loan advanced Nil
Loan repaid during the year : £6,100
Closing balance : £1,100

2. As at year end company owned to SA Habitat Ltd £54,000 (P.Y. £70,000) in which Mr Srinivasan Krishnamoorthy is also shareholder.
Opening balance : £70,000
Transactions during the year : Loan advanced Nil
Loan repaid during the year : £16,000
Closing balance : £54,000

3. As at year end company owned to AM Heights Ltd £80,500 (P.Y. £70,000 ) in which Mr. Srinivasan Krishnamoorthy is also director.
Opening balance : £70,000
Transactions during the year : Loan advanced £65,000
Loan repaid during the year : £54,500
Closing balance : £80,500

b. During the year, dividend of £3,000 (P.Y. £1,000) declared and paid to Mr Srinivasan Krishnamoorthy. Mr Srinivasan Krishnamoorthy is also a director of the company.

9. ULTIMATE CONTROLLING PARTY

The company is under control of Mr Srinivasan Krishnamoorthy who owns 100% of issued share capital of the company. Mr Srinivasan Krishnamoorthy is also a director of the company.