2023-06-012024-05-312024-05-31false13410348FINMA ACCOUNTING LTD2025-01-08falseiso4217:GBPxbrli:pure134103482023-06-01134103482024-05-31134103482023-06-012024-05-31134103482022-06-01134103482023-05-31134103482022-06-012023-05-3113410348bus:SmallEntities2023-06-012024-05-3113410348bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3113410348bus:AbridgedAccounts2023-06-012024-05-3113410348bus:PrivateLimitedCompanyLtd2023-06-012024-05-3113410348core:WithinOneYear2024-05-3113410348core:AfterOneYear2024-05-3113410348core:WithinOneYear2023-05-3113410348core:AfterOneYear2023-05-3113410348core:ShareCapital2024-05-3113410348core:SharePremium2024-05-3113410348core:RevaluationReserve2024-05-3113410348core:OtherReservesSubtotal2024-05-3113410348core:RetainedEarningsAccumulatedLosses2024-05-3113410348core:ShareCapital2023-05-3113410348core:SharePremium2023-05-3113410348core:RevaluationReserve2023-05-3113410348core:OtherReservesSubtotal2023-05-3113410348core:RetainedEarningsAccumulatedLosses2023-05-3113410348core:LandBuildings2024-05-3113410348core:PlantMachinery2024-05-3113410348core:Vehicles2024-05-3113410348core:FurnitureFittings2024-05-3113410348core:OfficeEquipment2024-05-3113410348core:NetGoodwill2024-05-3113410348core:IntangibleAssetsOtherThanGoodwill2024-05-3113410348core:ListedExchangeTraded2024-05-3113410348core:UnlistedNon-exchangeTraded2024-05-3113410348core:LandBuildings2023-05-3113410348core:PlantMachinery2023-05-3113410348core:Vehicles2023-05-3113410348core:FurnitureFittings2023-05-3113410348core:OfficeEquipment2023-05-3113410348core:NetGoodwill2023-05-3113410348core:IntangibleAssetsOtherThanGoodwill2023-05-3113410348core:ListedExchangeTraded2023-05-3113410348core:UnlistedNon-exchangeTraded2023-05-3113410348core:LandBuildings2023-06-012024-05-3113410348core:PlantMachinery2023-06-012024-05-3113410348core:Vehicles2023-06-012024-05-3113410348core:FurnitureFittings2023-06-012024-05-3113410348core:OfficeEquipment2023-06-012024-05-3113410348core:NetGoodwill2023-06-012024-05-3113410348core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3113410348core:ListedExchangeTraded2023-06-012024-05-3113410348core:UnlistedNon-exchangeTraded2023-06-012024-05-3113410348core:MoreThanFiveYears2023-06-012024-05-3113410348core:Non-currentFinancialInstruments2024-05-3113410348core:Non-currentFinancialInstruments2023-05-3113410348dpl:CostSales2023-06-012024-05-3113410348dpl:DistributionCosts2023-06-012024-05-3113410348core:LandBuildings2023-06-012024-05-3113410348core:PlantMachinery2023-06-012024-05-3113410348core:Vehicles2023-06-012024-05-3113410348core:FurnitureFittings2023-06-012024-05-3113410348core:OfficeEquipment2023-06-012024-05-3113410348dpl:AdministrativeExpenses2023-06-012024-05-3113410348core:NetGoodwill2023-06-012024-05-3113410348core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3113410348dpl:GroupUndertakings2023-06-012024-05-3113410348dpl:ParticipatingInterests2023-06-012024-05-3113410348dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3113410348core:ListedExchangeTraded2023-06-012024-05-3113410348dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3113410348core:UnlistedNon-exchangeTraded2023-06-012024-05-3113410348dpl:CostSales2022-06-012023-05-3113410348dpl:DistributionCosts2022-06-012023-05-3113410348core:LandBuildings2022-06-012023-05-3113410348core:PlantMachinery2022-06-012023-05-3113410348core:Vehicles2022-06-012023-05-3113410348core:FurnitureFittings2022-06-012023-05-3113410348core:OfficeEquipment2022-06-012023-05-3113410348dpl:AdministrativeExpenses2022-06-012023-05-3113410348core:NetGoodwill2022-06-012023-05-3113410348core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3113410348dpl:GroupUndertakings2022-06-012023-05-3113410348dpl:ParticipatingInterests2022-06-012023-05-3113410348dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3113410348core:ListedExchangeTraded2022-06-012023-05-3113410348dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3113410348core:UnlistedNon-exchangeTraded2022-06-012023-05-3113410348core:NetGoodwill2024-05-3113410348core:IntangibleAssetsOtherThanGoodwill2024-05-3113410348core:LandBuildings2024-05-3113410348core:PlantMachinery2024-05-3113410348core:Vehicles2024-05-3113410348core:FurnitureFittings2024-05-3113410348core:OfficeEquipment2024-05-3113410348core:AfterOneYear2024-05-3113410348core:WithinOneYear2024-05-3113410348core:ListedExchangeTraded2024-05-3113410348core:UnlistedNon-exchangeTraded2024-05-3113410348core:ShareCapital2024-05-3113410348core:SharePremium2024-05-3113410348core:RevaluationReserve2024-05-3113410348core:OtherReservesSubtotal2024-05-3113410348core:RetainedEarningsAccumulatedLosses2024-05-3113410348core:NetGoodwill2023-05-3113410348core:IntangibleAssetsOtherThanGoodwill2023-05-3113410348core:LandBuildings2023-05-3113410348core:PlantMachinery2023-05-3113410348core:Vehicles2023-05-3113410348core:FurnitureFittings2023-05-3113410348core:OfficeEquipment2023-05-3113410348core:AfterOneYear2023-05-3113410348core:WithinOneYear2023-05-3113410348core:ListedExchangeTraded2023-05-3113410348core:UnlistedNon-exchangeTraded2023-05-3113410348core:ShareCapital2023-05-3113410348core:SharePremium2023-05-3113410348core:RevaluationReserve2023-05-3113410348core:OtherReservesSubtotal2023-05-3113410348core:RetainedEarningsAccumulatedLosses2023-05-3113410348core:NetGoodwill2022-06-0113410348core:IntangibleAssetsOtherThanGoodwill2022-06-0113410348core:LandBuildings2022-06-0113410348core:PlantMachinery2022-06-0113410348core:Vehicles2022-06-0113410348core:FurnitureFittings2022-06-0113410348core:OfficeEquipment2022-06-0113410348core:AfterOneYear2022-06-0113410348core:WithinOneYear2022-06-0113410348core:ListedExchangeTraded2022-06-0113410348core:UnlistedNon-exchangeTraded2022-06-0113410348core:ShareCapital2022-06-0113410348core:SharePremium2022-06-0113410348core:RevaluationReserve2022-06-0113410348core:OtherReservesSubtotal2022-06-0113410348core:RetainedEarningsAccumulatedLosses2022-06-0113410348core:AfterOneYear2023-06-012024-05-3113410348core:WithinOneYear2023-06-012024-05-3113410348core:Non-currentFinancialInstrumentscore:CostValuation2023-06-012024-05-3113410348core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-012024-05-3113410348core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-012024-05-3113410348core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-012024-05-3113410348core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-012024-05-3113410348core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-012024-05-3113410348core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3113410348core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3113410348core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3113410348core:Non-currentFinancialInstrumentscore:CostValuation2024-05-3113410348core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-05-3113410348core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-05-3113410348core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-05-3113410348core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-05-3113410348core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-05-3113410348core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-05-3113410348core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-05-3113410348core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-05-3113410348core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3113410348core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3113410348core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3113410348core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3113410348core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3113410348core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3113410348core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3113410348core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3113410348core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3113410348bus:Director12023-06-012024-05-31

FINMA ACCOUNTING LTD

Registered Number
13410348
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

FINMA ACCOUNTING LTD
Company Information
for the year from 1 June 2023 to 31 May 2024

Director

REID, Tanisha

Registered Address

125 Kingsway
Oldbury
B68 0QE

Registered Number

13410348 (England and Wales)
FINMA ACCOUNTING LTD
Statement of Financial Position
31 May 2024

Notes

2024

2023

£

£

£

£

Current assets
Debtors5,2358,736
Cash at bank and on hand32,25516,060
37,49024,796
Creditors amounts falling due within one year(11,807)(11,479)
Net current assets (liabilities)25,68313,317
Total assets less current liabilities25,68313,317
Net assets25,68313,317
Capital and reserves
Profit and loss account25,68313,317
Shareholders' funds25,68313,317
The financial statements were approved and authorised for issue by the Director on 8 January 2025, and are signed on its behalf by:
REID, Tanisha
Director
Registered Company No. 13410348
FINMA ACCOUNTING LTD
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
The director believes that the company is experiencing good levels of sales growth and profitability and that it is well placed to manage its business risks successfully. Accordingly, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover includes revenue earned from the principal activity of Financial management and bookkeeping.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year11