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REGISTERED NUMBER: 13859626 (England and Wales)















Financial Statements for the Year Ended 31 January 2024

for

DFinch Limited

DFinch Limited (Registered number: 13859626)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DFinch Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: D Durkin-Finch





REGISTERED OFFICE: Room 110 The Alexander Centre
Preston Street
Faversham
Kent
ME13 8NZ





REGISTERED NUMBER: 13859626 (England and Wales)





ACCOUNTANTS: A.K & Co (Accountancy Services) Ltd
19 Victoria Terrace
Hove
East Sussex
BN3 2WB

DFinch Limited (Registered number: 13859626)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,814 3,141

CURRENT ASSETS
Debtors 5 5,485 8,905
Cash at bank 2,258 4,397
7,743 13,302
CREDITORS
Amounts falling due within one year 6 7,299 16,308
NET CURRENT ASSETS/(LIABILITIES) 444 (3,006 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,258

135

PROVISIONS FOR LIABILITIES 345 -
NET ASSETS 1,913 135

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,813 35
1,913 135

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 October 2024 and were signed by:



D Durkin-Finch - Director


DFinch Limited (Registered number: 13859626)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

DFinch 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.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 3 (2023 - 2 ) .

DFinch Limited (Registered number: 13859626)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2023 - 4,711 4,711
Additions 323 - 323
At 31 January 2024 323 4,711 5,034
DEPRECIATION
At 1 February 2023 - 1,570 1,570
Charge for year 81 1,569 1,650
At 31 January 2024 81 3,139 3,220
NET BOOK VALUE
At 31 January 2024 242 1,572 1,814
At 31 January 2023 - 3,141 3,141

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts 5,295 8,905
Prepayments 190 -
5,485 8,905

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1 -
Tax 1,478 1,620
VAT 5,450 5,578
Net wages payable 300 -
Pensions payable 70 -
Accrued expenses - 9,110
7,299 16,308

7. CAPITAL COMMITMENTS
2024 2023
£    £   
Contracted but not provided for in the
financial statements 1,746 -

DFinch Limited (Registered number: 13859626)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 January 2024 and the period ended 31 January 2023:

2024 2023
£    £   
D Durkin-Finch
Balance outstanding at start of year 8,905 -
Amounts advanced 13,447 35,904
Amounts repaid (17,058 ) (26,999 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,294 8,905