Company Registration No. 13120660 (England and Wales)
Fintechia Ltd
Unaudited accounts
for the year ended 31 January 2024
Fintechia Ltd
Unaudited accounts
Contents
Fintechia Ltd
Company Information
for the year ended 31 January 2024
Directors
Hugh Kingdon
Paula kingdon
Company Number
13120660 (England and Wales)
Registered Office
20-22 WENLOCK ROAD
LONDON
N1 7GU
ENGLAND
Accountants
Magnus Proctor FFA
Lindisfarne
Landkey Road
Barnstaple
Devon
EX32 9BW
Fintechia Ltd
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
1,447
8,276
Creditors: amounts falling due within one year
(5,398)
(4,135)
Net current assets
5,049
4,141
Called up share capital
2
2
Profit and loss account
5,763
6,054
Shareholders' funds
5,765
6,056
For the year ending 31 January 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 7 February 2024 and were signed on its behalf by
Hugh Kingdon
Director
Company Registration No. 13120660
Fintechia Ltd
Notes to the Accounts
for the year ended 31 January 2024
Fintechia Ltd is a private company, limited by shares, registered in England and Wales, registration number 13120660. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, ENGLAND.
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.
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:
Computer equipment
3 Years straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
2,866
1,447
4,313
At 31 January 2024
2,866
1,447
4,313
At 1 February 2023
1,434
964
2,398
Charge for the year
717
482
1,199
At 31 January 2024
2,151
1,446
3,597
At 31 January 2024
715
1
716
At 31 January 2023
1,432
483
1,915
Amounts falling due within one year
Fintechia Ltd
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
682
97
Loans from directors
4,316
3,638
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).