Company registration number: 15601078
COMPANY INFORMATION
CONTENTS
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 2 to 4 form part of these financial statements.
Page 1
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
Fintech Acquisition Limited is a private company limited by shares and is incorporated in England and Wales. The address of the registered office and principal place of business are disclosed on the company information page.
The Company was incorporated on 28 March 2024. The financial statements have been prepared for the period from the date of incorporation to 31 December 2024.
The Company was incorporated on 28 March 2024. The financial statements have been prepared for the period from the date of incorporation to 31 December 2024.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.
Functional and presentation currency
Transactions and balances
Page 2
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
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Page 3
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
The Ordinary shares have full voting, dividend, capital distribution rights and do not confer any rights of redemption.
The C Ordinary shares have full dividend but no voting rights. The shares are irredeemable.
The Series A Voting shares have full voting and dividend rights. The shares are redeemable.
The Series A Non-Voting shares have full dividend rights but only voting rights in certain circumstances. The shares are redeemable.
In relation to the C Ordinary, Series A Non-Voting and Series A Voting shares, The assets shall be distributed in the following order: first to the deferred shares, a total in aggregate of 1 penny for the entire class, second to each Series A shareholders an amount per Series A share held equal to the greater of $42.99 plus any arrears and the amount that would be received if all Series A shares converted into ordinary shares (provided if there are insufficient surplus assets the remaining will be pro rata), and the balance shall be distributed to the holders of the Ordinary shares and C Ordinary shares pro rata.
The C Ordinary shares have full dividend but no voting rights. The shares are irredeemable.
The Series A Voting shares have full voting and dividend rights. The shares are redeemable.
The Series A Non-Voting shares have full dividend rights but only voting rights in certain circumstances. The shares are redeemable.
In relation to the C Ordinary, Series A Non-Voting and Series A Voting shares, The assets shall be distributed in the following order: first to the deferred shares, a total in aggregate of 1 penny for the entire class, second to each Series A shareholders an amount per Series A share held equal to the greater of $42.99 plus any arrears and the amount that would be received if all Series A shares converted into ordinary shares (provided if there are insufficient surplus assets the remaining will be pro rata), and the balance shall be distributed to the holders of the Ordinary shares and C Ordinary shares pro rata.
Page 4