1 March 2022 false No description of principal activity Taxfiler 2023.10.1 09980139business:PrivateLimitedCompanyLtd2022-03-012023-02-28 099801392022-02-28 099801392022-03-012023-02-28 09980139business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 09980139business:FilletedAccounts2022-03-012023-02-28 099801392023-02-28 09980139business:Director12022-03-012023-02-28 09980139business:RegisteredOffice2022-03-012023-02-28 099801392022-02-28 09980139core:WithinOneYear2023-02-28 09980139core:WithinOneYear2022-02-28 09980139core:AfterOneYear2023-02-28 09980139core:AfterOneYear2022-02-28 09980139core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 09980139core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 09980139core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 09980139core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 09980139core:PreviouslyStatedAmount2023-02-28 09980139core:PreviouslyStatedAmount2022-02-28 09980139business:SmallEntities2022-03-012023-02-28 09980139countries:EnglandWales2022-03-012023-02-28 09980139core:PlantMachinery2022-03-012023-02-28 09980139core:ComputerEquipment2022-03-012023-02-28 09980139core:PlantMachinery2022-02-28 09980139core:ComputerEquipment2022-02-28 09980139core:PlantMachinery2023-02-28 09980139core:ComputerEquipment2023-02-28 09980139business:Director112022-03-012023-02-28 09980139business:Director112022-02-28 09980139business:Director112023-02-28 099801392021-03-012022-02-28 iso4217:GBP xbrli:pure
Finnberg & Company Limited Company Information for the year ended 28 February 2023
Director
Alexander Thomas Gostwick
Company Number
09980139 (England and Wales)
Registered Office
57 Green Lane Tadworth Surrey KT20 6TJ
Accountants
Bloodwood Accounting Ltd 57 Green Lane Tadworth Surrey KT20 6TJ
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Finnberg & Company Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
503 
784 
Current assets
Inventories
28,282 
39,607 
Cash at bank and in hand
1,237 
8,989 
29,519 
48,596 
Creditors: amounts falling due within one year
(23,601)
(29,231)
Net current assets
5,918 
19,365 
Total assets less current liabilities
6,421 
20,149 
Creditors: amounts falling due after more than one year
(15,167)
(16,929)
Net (liabilities)/assets
(8,746)
3,220 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(8,747)
3,219 
Shareholders' funds
(8,746)
3,220 
For the year ending 28 February 2023 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 23 November 2023 and were signed on its behalf by
Alexander Thomas Gostwick Director Company Registration No. 09980139
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Finnberg & Company Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Finnberg & Company Limited is a private company, limited by shares, registered in England and Wales, registration number 09980139. The registered office is 57 Green Lane, Tadworth, Surrey, KT20 6TJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
100% small items
Computer equipment
33% straight line for whole years only
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At valuation 
At 1 March 2022
98 
686 
784 
Revaluations
- 
69 
69 
At 28 February 2023
98 
755 
853 
Depreciation
Charge for the year
98 
252 
350 
At 28 February 2023
98 
252 
350 
Net book value
At 28 February 2023
- 
503 
503 
At 28 February 2022
98 
686 
784 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
460 
638 
Loans from directors
23,141 
28,593 
23,601 
29,231 
- 3 -
Finnberg & Company Limited Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
15,167 
16,929 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Alexander Thomas Gostwick
Current Account - Payable at call - no interest
28,593 
- 
5,452 
23,141 
28,593 
- 
5,452 
23,141 
8
Transactions with related parties
Director lease part of his home to the company; total value for this year = £2,400.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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