Goldfinch Finance Limited 10510413 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Film production activities Digita Accounts Production Advanced 6.30.9574.0 true Mrs Kirsty Bell true true 10510413 2023-01-01 2023-12-31 10510413 2023-12-31 10510413 bus:OrdinaryShareClass1 2023-12-31 10510413 core:RetainedEarningsAccumulatedLosses 2023-12-31 10510413 core:ShareCapital 2023-12-31 10510413 core:CurrentFinancialInstruments 2023-12-31 10510413 bus:FRS102 2023-01-01 2023-12-31 10510413 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10510413 bus:FullAccounts 2023-01-01 2023-12-31 10510413 bus:RegisteredOffice 2023-01-01 2023-12-31 10510413 bus:Director1 2023-01-01 2023-12-31 10510413 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 10510413 bus:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 10510413 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10510413 1 2023-01-01 2023-12-31 10510413 countries:UnitedKingdom 2023-01-01 2023-12-31 10510413 2022-12-31 10510413 bus:OrdinaryShareClass1 2022-12-31 10510413 core:RetainedEarningsAccumulatedLosses 2022-12-31 10510413 core:ShareCapital 2022-12-31 10510413 core:CurrentFinancialInstruments 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10510413

Goldfinch Finance Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Goldfinch Finance Limited

Profit and Loss Account for the Year Ended 31 December 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Goldfinch Finance Limited

(Registration number: 10510413)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

1,000

1,000

Current assets

 

Debtors

5,657

5,657

Cash at bank and in hand

 

1

1

 

5,658

5,658

Net assets

 

6,658

6,658

Capital and reserves

 

Called up share capital

3

1

1

Retained earnings

6,657

6,657

Shareholders' funds

 

6,658

6,658

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 18 September 2024
 

.........................................
Mrs Kirsty Bell
Director

 

Goldfinch Finance Limited

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

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
14-16 Brentwood Avenue
Newcastle Upon Tyne
NE2 3DH
United Kingdom

These financial statements were authorised for issue by the director on 18 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Goldfinch Finance Limited

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

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary £1 of £1 each

1

1

1

1

       

4

Parent and ultimate parent undertaking

The company's immediate parent is Goldfinch Holdings Ltd, incorporated in United Kingdom.