Company Registration No. 13024647 (England and Wales)
Fingo Ltd
Unaudited accounts
for the year ended 31 March 2024
Fingo Ltd
Unaudited accounts
Contents
Fingo Ltd
Company Information
for the year ended 31 March 2024
Company Number
13024647 (England and Wales)
Registered Office
34 Duke Street
Brighton
BN1 1AG
United Kingdom
Accountants
Secandi Associates Ltd
87 Church Road
Hove
BN3 2BB
Fingo Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
49,456
65,053
Cash at bank and in hand
7,942
15,477
Creditors: amounts falling due within one year
(183,395)
(178,385)
Net current liabilities
(139,079)
(125,434)
Net (liabilities)/assets
(16,498)
12,744
Called up share capital
49
49
Profit and loss account
(16,547)
12,695
Shareholders' funds
(16,498)
12,744
For the year 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 31 December 2024 and were signed on its behalf by
Scott Starbuck
Director
Company Registration No. 13024647
Fingo Ltd
Notes to the Accounts
for the year ended 31 March 2024
Fingo Ltd is a private company, limited by shares, registered in England and Wales, registration number 13024647. The registered office is 34 Duke Street, Brighton, BN1 1AG, United Kingdom.
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 year, 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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
3,000
50,917
11,136
65,053
At 31 March 2024
3,000
50,917
12,023
65,940
Charge for the year
750
12,729
3,005
16,484
At 31 March 2024
750
12,729
3,005
16,484
At 31 March 2024
2,250
38,188
9,018
49,456
At 31 March 2023
3,000
50,917
11,136
65,053
5
Investments
Other investments
Valuation at 1 April 2023
73,125
Valuation at 31 March 2024
73,125
Fingo Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due after more than one year
Trade debtors
31,124
31,771
Accrued income and prepayments
5,250
5,250
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,814
4,905
Taxes and social security
6,627
12,633
Other creditors
108,347
100,847
Loans from directors
60,000
60,000
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).