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REGISTERED NUMBER: 06297175 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2023

FOR

FINBLADE LIMITED

FINBLADE LIMITED (REGISTERED NUMBER: 06297175)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FINBLADE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2023







DIRECTOR: J T Stone





SECRETARY: J T Stone





REGISTERED OFFICE: Wessex House
Upper Market Street
Eastleigh
Hampshire
SO50 9FD





REGISTERED NUMBER: 06297175 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

FINBLADE LIMITED (REGISTERED NUMBER: 06297175)

BALANCE SHEET
30TH JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 1,083
- 1,083

CURRENT ASSETS
Debtors 6 18,771 1,226
Cash at bank and in hand 32,119 26,527
50,890 27,753
CREDITORS
Amounts falling due within one year 7 9,677 4,025
NET CURRENT ASSETS 41,213 23,728
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,213

24,811

PROVISIONS FOR LIABILITIES - 206
NET ASSETS 41,213 24,605

CAPITAL AND RESERVES
Called up share capital 2,700 2,700
Retained earnings 38,513 21,905
SHAREHOLDERS' FUNDS 41,213 24,605

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

FINBLADE LIMITED (REGISTERED NUMBER: 06297175)

BALANCE SHEET - continued
30TH JUNE 2023


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 19th March 2024 and were signed by:





J T Stone - Director


FINBLADE LIMITED (REGISTERED NUMBER: 06297175)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023


1. STATUTORY INFORMATION

Finblade 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
Revenue from the development of games is recognised as income once the work is completed at contractually agreed stages.

Royalty income is recognised when the company becomes legally entitled to it.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intellectual property is being amortised evenly over its estimated useful life of two years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 3 years
Fixtures, fittings & equipment - 50% 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

FINBLADE LIMITED (REGISTERED NUMBER: 06297175)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023


2. ACCOUNTING POLICIES - continued

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 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Intellectual
property
£   
COST
At 1st July 2022
and 30th June 2023 11,331
AMORTISATION
At 1st July 2022
and 30th June 2023 11,331
NET BOOK VALUE
At 30th June 2023 -
At 30th June 2022 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures,
to fittings
property & equipment Totals
£    £    £   
COST
At 1st July 2022 715 28,252 28,967
Disposals - (25,367 ) (25,367 )
At 30th June 2023 715 2,885 3,600
DEPRECIATION
At 1st July 2022 715 27,169 27,884
Charge for year - 1,083 1,083
Eliminated on disposal - (25,367 ) (25,367 )
At 30th June 2023 715 2,885 3,600
NET BOOK VALUE
At 30th June 2023 - - -
At 30th June 2022 - 1,083 1,083

FINBLADE LIMITED (REGISTERED NUMBER: 06297175)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 18,168 -
Tax - 656
Prepayments & accrued income 603 570
18,771 1,226

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 120 120
Tax 3,428 -
Social security and other taxes 643 712
VAT 2,553 406
Pension creditor 145 145
Net wages creditor 1,888 1,842
Accrued expenses 900 800
9,677 4,025