Fintech North Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 11118532

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		7,649		7,214
Tangible Assets	5		5,187		1,197

			12,836		8,411
CURRENT ASSETS
Debtors		30,684		44,346
Cash at bank and in hand		10,868		20,845

		41,552		65,191
Creditors: Amounts Falling Due Within One Year		(44,125 )		(65,709 )

NET CURRENT ASSETS (LIABILITIES)			(2,573 )		(518 )

TOTAL ASSETS LESS CURRENT LIABILITIES			10,263		7,893

NET ASSETS			10,263		7,893

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			10,163		7,793

SHAREHOLDERS' FUNDS			10,263		7,893

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Fintech North Limited

Abridged Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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 directors acknowledge their 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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Julian Wells

Director

22 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Fintech North Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11118532 . The registered office is Platform, New Station Street, Leeds, West Yorkshire, LS1 4JB.

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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover 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.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are relating to marketing projects. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Reducing balance
Computer Equipment	25% Straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Office and administration	3	4

	3	4

4. Intangible Assets

	Total
	£
Cost
As at 1 January 2024	30,484
Additions	3,245

As at 31 December 2024	33,729

...CONTINUED

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Fintech North Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

Amortisation
As at 1 January 2024	23,270
Provided during the period	2,810

As at 31 December 2024	26,080

Net Book Value
As at 31 December 2024	7,649

As at 1 January 2024	7,214

5. Tangible Assets

	Total
	£
Cost
As at 1 January 2024	2,532
Additions	5,739

As at 31 December 2024	8,271

Depreciation
As at 1 January 2024	1,335
Provided during the period	1,749

As at 31 December 2024	3,084

Net Book Value
As at 31 December 2024	5,187

As at 1 January 2024	1,197

6. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

7. Related Party Transactions

Rebuildingsociety.com Ltd

A company under the control of Mr Daniel Rajkumar

During the year, the company paid an amount in the sum of £8.75 to Rebuildingsociety.com Ltd. At the year end a total in the sum of £NIL (2023: £8.75) was owed to Rebuildingsociety.com Ltd.

White Label Crowdfunding Limited

A company under the control of Mr Daniel Rajkumar

At the year end a total in the sum of £650 (2023: £650) was owed from White Label Crowdfunding Limited.

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