Credit Finance Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 13150311

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	345,878,000		345,878,000

		345,878,000		345,878,000
NET CURRENT ASSETS (LIABILITIES)			345,878,000		345,878,000

TOTAL ASSETS LESS CURRENT LIABILITIES			345,878,000		345,878,000

NET ASSETS			345,878,000		345,878,000

CAPITAL AND RESERVES
Called up share capital	5		345,878,000		345,878,000

SHAREHOLDERS' FUNDS			345,878,000		345,878,000

For the year ending 20 July 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Leonardo Bonetti

Director

07/04/2025

The notes on page 2 form part of these financial statements.

1. General Information

Credit Finance Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13150311 . The registered office is 2nd Floor College House, 17 King Edwards Road, Ruislip, London, United Kingdom, HA4 7AE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	345,878,000	345,878,000

5. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
345,878,000 Ordinary Shares of £ 1.00 each	345,878,000	345,878,000

6. Ultimate Controlling Party

The company's ultimate controlling party is Mr Leonardo Bonetti by virtue of his ownership of 100% of the issued share capital in the company.