IRIS Accounts Production v24.1.4.33 10481511 director 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104815112022-12-31104815112023-12-31104815112023-01-012023-12-31104815112021-12-31104815112022-01-012022-12-31104815112022-12-3110481511ns15:EnglandWales2023-01-012023-12-3110481511ns14:PoundSterling2023-01-012023-12-3110481511ns10:Director12023-01-012023-12-3110481511ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3110481511ns10:SmallEntities2023-01-012023-12-3110481511ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3110481511ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3110481511ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3110481511ns10:FullAccounts2023-01-012023-12-3110481511ns10:OrdinaryShareClass12023-01-012023-12-3110481511ns10:RegisteredOffice2023-01-012023-12-3110481511ns5:CurrentFinancialInstruments2023-12-3110481511ns5:CurrentFinancialInstruments2022-12-3110481511ns5:ShareCapital2023-12-3110481511ns5:ShareCapital2022-12-3110481511ns5:RetainedEarningsAccumulatedLosses2023-12-3110481511ns5:RetainedEarningsAccumulatedLosses2022-12-3110481511ns5:LandBuildings2023-01-012023-12-3110481511ns5:PlantMachinery2023-01-012023-12-3110481511ns5:LandBuildings2022-12-3110481511ns5:PlantMachinery2022-12-3110481511ns5:LandBuildings2023-12-3110481511ns5:PlantMachinery2023-12-3110481511ns5:LandBuildings2022-12-3110481511ns5:PlantMachinery2022-12-3110481511ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3110481511ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3110481511ns10:OrdinaryShareClass12023-12-31104815111ns10:Director12022-12-31104815111ns10:Director12021-12-31104815111ns10:Director12023-01-012023-12-31104815111ns10:Director12022-01-012022-12-31104815111ns10:Director12023-12-31104815111ns10:Director12022-12-31
REGISTERED NUMBER: 10481511 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Finmatix Financial Consulting Limited

Finmatix Financial Consulting Limited (Registered number: 10481511)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Finmatix Financial Consulting Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: P C Evans





REGISTERED OFFICE: Wansdyke Cottage
Lower Kingsdown Road
Kingsdown
Corsham
SN13 8BB





REGISTERED NUMBER: 10481511 (England and Wales)





ACCOUNTANTS: Venture
Chartered Accountants
Venture House
Calne Road
Lyneham
Chippenham
SN15 4PP

Finmatix Financial Consulting Limited (Registered number: 10481511)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 8,236

CURRENT ASSETS
Debtors 5 75,094 13,300
Cash at bank 78,563 107,945
153,657 121,245
CREDITORS
Amounts falling due within one year 6 43,752 21,251
NET CURRENT ASSETS 109,905 99,994
TOTAL ASSETS LESS CURRENT
LIABILITIES

109,905

108,230

PROVISIONS FOR LIABILITIES - 214
NET ASSETS 109,905 108,016

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 109,805 107,916
SHAREHOLDERS' FUNDS 109,905 108,016

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 25 June 2024 and were signed by:




P C Evans - Director


Finmatix Financial Consulting Limited (Registered number: 10481511)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Finmatix Financial Consulting 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
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.
Land and buildings - 10% on cost
Computer equipment - 33% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 1 (2022 - 1 ) .

Finmatix Financial Consulting Limited (Registered number: 10481511)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Land and Computer
buildings equipment Totals
£    £    £   
COST
At 1 January 2023 9,151 458 9,609
Disposals (9,151 ) - (9,151 )
At 31 December 2023 - 458 458
DEPRECIATION
At 1 January 2023 915 458 1,373
Eliminated on disposal (915 ) - (915 )
At 31 December 2023 - 458 458
NET BOOK VALUE
At 31 December 2023 - - -
At 31 December 2022 8,236 - 8,236

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 7,778 13,200
Other debtors 67,316 100
75,094 13,300

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security 41,866 19,751
Other creditors 1,886 1,500
43,752 21,251

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary 1 100 100

Finmatix Financial Consulting Limited (Registered number: 10481511)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
P C Evans
Balance outstanding at start of year - -
Amounts advanced 50,176 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 50,176 -

Interest at the official rate has been charged on the overdrawn directors loan account.

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 were paid to the director .