Financial Modelling Associates Ltd

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

Registered number: 05252331

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		567		196

			567		196
CURRENT ASSETS
Debtors	5	33,550		61,557
Cash at bank and in hand		18,135		10,344

		51,685		71,901
Creditors: Amounts Falling Due Within One Year	6	(36,650 )		(32,969 )

NET CURRENT ASSETS (LIABILITIES)			15,035		38,932

TOTAL ASSETS LESS CURRENT LIABILITIES			15,602		39,128

NET ASSETS			15,602		39,128

CAPITAL AND RESERVES
Called up share capital	7		7		7
Profit and Loss Account			15,595		39,121

SHAREHOLDERS' FUNDS			15,602		39,128

For the year ending 5 April 2025 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.

On behalf of the board

Mr Andrew Pearce

Director

03/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Financial Modelling Associates Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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,excluding discounts rebates, value added taxes and other sales taxes.

2.3. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & Machinery

straight line over 3 years

2.4. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.5. Pensions

The company contribute to each directors personal pension scheme. Contributions payable to the private pension schemes are charged to profit or loss in the period in which they are paid.

3. Average Number of Employees

The average number of employees during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 6 April 2024	650
Additions	582

As at 5 April 2025	1,232

Depreciation
As at 6 April 2024	454
Provided during the period	211

As at 5 April 2025	665

Net Book Value
As at 5 April 2025	567

As at 6 April 2024	196

Page 2

Page 3

Financial Modelling Associates Ltd

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	27,513	18,009
Prepayments and accrued income	4,100	5,873
Corporation tax recoverable assets	1,937	-
Directors' loan accounts	-	37,675

	33,550	61,557

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	23,328	25,139
Other taxes and social security	2,337	190
VAT	3,487	3,874
Other creditors	360	1,296
Accruals and deferred income	7,138	2,470

	36,650	32,969

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2
3 Ordinary A shares of £ 1.00 each	3	3
2 Ordinary B shares of £ 1.00 each	2	2

	7	7

8. Directors Advances, Credits and Guarantees

The following advances and credits to directors subsisted during the years ended 5 April 2024 and 5 April 2023:

	As at 6 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 5 April 2025
	£	£	£	£	£
Mr Jonathan Costello	2,482	29,450	(31,932 )	-	-
Mr Andrew Pearce	35,193	64,100	99,293	-	-

These loans were repaid in full before the year end.

9. Ultimate Controlling Party

At the year end the controlling and ultimate controlling party of the company is A R H Pearce, a director of the company.