Finnberg & Company Limited
Company Information
for the period from 1 March 2023 to 31 March 2024
Director
Alexander Thomas Gostwick
Company Number
09980139 (England and Wales)
Registered Office
50 Linden Road
Birmingham
West Midlands
B30 1JU
England
Accountants
Bloodwood Accounting Ltd
50 Linden Road
Birmingham
B30 1JU
Finnberg & Company Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
-
1,237
Creditors: amounts falling due within one year
(427)
(23,601)
Net current (liabilities)/assets
(427)
5,918
Total assets less current liabilities
(427)
6,421
Creditors: amounts falling due after more than one year
(12,778)
(15,167)
Net liabilities
(13,205)
(8,746)
Called up share capital
1
1
Profit and loss account
(13,206)
(8,747)
Shareholders' funds
(13,205)
(8,746)
For the period ending 31 March 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 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 26 August 2024 and were signed on its behalf by
Alexander Thomas Gostwick
Director
Company Registration No. 09980139
Finnberg & Company Limited
Notes to the Accounts
for the period from 1 March 2023 to 31 March 2024
Finnberg & Company Limited is a private company, limited by shares, registered in England and Wales, registration number 09980139. The registered office is 50 Linden Road, Birmingham, West Midlands, B30 1JU, 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 period, 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:
Plant & machinery
100% small items
Computer equipment
33% straight line for whole years only
The Company ceased trading on 31 March 2024. Tangible Assets were sold at Written Down Value. Dead stock was written off at cost and remaining Inventory sold at cost.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
98
755
853
At 31 March 2024
98
755
853
At 1 March 2023
98
252
350
Charge for the period
-
251
251
At 31 March 2024
98
755
853
At 28 February 2023
-
503
503
Finnberg & Company Limited
Notes to the Accounts
for the period from 1 March 2023 to 31 March 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
532
-
Taxes and social security
(105)
460
Loans from directors
-
23,141
6
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Alexander Thomas Gostwick
Current Account - Payable at call - no interest
23,141
-
23,141
-
8
Average number of employees
During the period the average number of employees was 0 (2023: 1).