FINANTA LIMITED


Directors	POULTON, Gary Mark
	POULTON, Valentina Ionelia


Registered Address	Unit 1 The Ajm Centre
	Prospect Business Park
	Swanage
	BH19 1FE


Registered Number	10346928 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		49,334		66,582
			49,334		66,582
Current assets
Debtors		584,767		625,008
Cash at bank and on hand		38,177		34,689
		622,944		659,697
Creditors amounts falling due within one year		(133,907)		(122,609)
Net current assets (liabilities)			489,037		537,088
Total assets less current liabilities			538,371		603,670
Creditors amounts falling due after one year			(230,833)		(293,265)
Net assets			307,538		310,405
Capital and reserves
Called up share capital			1		1
Profit and loss account			307,537		310,404
Shareholders' funds			307,538		310,405

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 27 September 2025, and are signed on its behalf by:

POULTON, Gary Mark
Director
Registered Company No. 10346928

FINANTA LIMITED

Notes to the Financial Statements
for the year ended 31 December 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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Fixtures and fittings	25	-
Vehicles	25	-
Office Equipment	-	33

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	6		5

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 24	66,582
	At 31 December 24	66,582
	Depreciation and impairment
	Charge for year	17,248
	At 31 December 24	17,248
	Net book value
	At 31 December 24	49,334
	At 31 December 23	66,582

4.	Obligations under finance leases

		2024		2023
		£		£
	Finance lease and HP contracts	50,547		58,502

5.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
POULTON, Gary Mark	233,412	0	0	233,412
	233,412	0	0	233,412