1 March 2023 false No description of principal activity Taxfiler 2024.5 09980139business:PrivateLimitedCompanyLtd2023-03-012024-03-31 099801392023-02-28 099801392023-03-012024-03-31 09980139business:AuditExempt-NoAccountantsReport2023-03-012024-03-31 09980139business:FilletedAccounts2023-03-012024-03-31 099801392024-03-31 09980139business:Director12023-03-012024-03-31 09980139business:RegisteredOffice2023-03-012024-03-31 099801392023-02-28 09980139core:WithinOneYear2024-03-31 09980139core:WithinOneYear2023-02-28 09980139core:AfterOneYear2024-03-31 09980139core:AfterOneYear2023-02-28 09980139core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 09980139core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 09980139core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 09980139core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 09980139core:PreviouslyStatedAmount2024-03-31 09980139core:PreviouslyStatedAmount2023-02-28 09980139business:SmallEntities2023-03-012024-03-31 09980139countries:EnglandWales2023-03-012024-03-31 09980139core:PlantMachinery2023-03-012024-03-31 09980139core:ComputerEquipment2023-03-012024-03-31 09980139core:PlantMachinery2023-02-28 09980139core:ComputerEquipment2023-02-28 09980139core:PlantMachinery2024-03-31 09980139core:ComputerEquipment2024-03-31 09980139business:Director112023-03-012024-03-31 09980139business:Director112023-02-28 09980139business:Director112024-03-31 099801392022-03-012023-02-28 iso4217:GBP xbrli:pure
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
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Finnberg & Company Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
503 
Current assets
Inventories
- 
28,282 
Cash at bank and in hand
- 
1,237 
- 
29,519 
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)
Capital and reserves
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
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Finnberg & Company Limited Notes to the Accounts for the period from 1 March 2023 to 31 March 2024
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 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.
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 period, 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
Ceased Trading
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 
Depreciation
At 1 March 2023
98 
252 
350 
Charge for the period
- 
251 
251 
On disposals
- 
252 
252 
At 31 March 2024
98 
755 
853 
Net book value
At 31 March 2024
- 
- 
- 
At 28 February 2023
- 
503 
503 
- 3 -
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 
427 
23,601 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,778 
15,167 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Alexander Thomas Gostwick
Current Account - Payable at call - no interest
23,141 
- 
23,141 
- 
23,141 
- 
23,141 
- 
8
Average number of employees
During the period the average number of employees was 0 (2023: 1).
- 4 -