Finacle Business Solutions Limited

Registered number

07728792

Filleted Accounts

31 August 2026

Finacle Business Solutions Limited
Registered number:		07728792
Balance Sheet
as at 31 August 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	4		-			-
Tangible assets	5		10,082			14,071
Investments	6		-			-
			10,082			14,071

Current assets
Stocks		-			-
Debtors	7	-			-
Investments held as current assets	8	-			-
Cash at bank and in hand		10,448			9,100
		10,448			9,100

Creditors: amounts falling due within one year	9	-			(759)

Net current assets			10,448			8,341

Total assets less current liabilities			20,530			22,412

Creditors: amounts falling due after more than one year	10		-			-

Provisions for liabilities			-			-


Net assets			20,530			22,412

Capital and reserves
Called up share capital			100			100
Share premium			-			-
Revaluation reserve	12		-			-
Profit and loss account			20,430			22,312

Shareholders' funds			20,530			22,412

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Abayomi Olalere OJUMU
Director
Approved by the board on 1 September 2026

Finacle Business Solutions Limited
Notes to the Accounts
for the year ended 31 August 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.



2	Exceptional items					2026		2025
£							£




						-		-


3	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					2		2


4	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 September 2025							-
	Additions							-
	Disposals							-
	At 31 August 2026							-

	Amortisation
	At 1 September 2025							-
	Provided during the year							-
	On disposals							-
	At 31 August 2026							-

	Net book value
	At 31 August 2026							-
	At 31 August 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


5	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 September 2025	-		70,498		-		70,498
	Additions	-		-		-		-
	Surplus on revaluation	-		-		-		-
	Disposals	-		-		-		-
	At 31 August 2026	-		70,498		-		70,498

	Depreciation
	At 1 September 2025	-		56,427		-		56,427
	Charge for the year	-		3,989		-		3,989
	Surplus on revaluation	-		-		-		-
	On disposals	-		-		-		-
	At 31 August 2026	-		60,416		-		60,416

	Net book value
	At 31 August 2026	-		10,082		-		10,082
	At 31 August 2025	-		14,071		-		14,071


	Freehold land and buildings:					2026		2025
£							£
	Historical cost					-		-
	Cumulative depreciation based on historical cost					-		-
						-		-
	[For revalued assets, state the years in which the assets were valued and their values. For assets revalued during the reporting period, state the names of the persons who revalued them or particulars of their qualifications for doing so and the bases of valuation used by them.]


6	Investments
Investments in
subsidiary					Other
undertakings					investments		Total
£					£		£
	Cost
	At 1 September 2025			-		-		-
	Additions			-		-		-
	Revaluation			-		-		-
	Disposals			-		-		-

	At 31 August 2026			-		-		-

	Historical cost
	At 1 September 2025			-		-
	At 31 August 2026			-		-

	[For revalued investments, see FRS 102 paragraphs 1AC.15, 1AC.22 and 1AC.23 for disclosures]


7	Debtors					2026		2025
£							£

	Trade debtors					-		-
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					-		-
	Deferred tax asset					-		-
	Other debtors					-		-
						-		-

	Amounts due after more than one year included above					-		-


8	Investments held as current assets					2026		2025
£							£
	Fair value
	Listed investments					-		-
	Unlisted investments					-		-
						-		-

	Increase/(decrease) in fair value included in the profit and loss account for the financial year
	Listed investments					-		-
	Unlisted investments					-		-
						-		-

	[For revalued investments, see FRS 102 paragraphs 1AC.22 and 1AC.23 for disclosures]


9	Creditors: amounts falling due within one year					2026		2025
£							£

	Non-equity preference shares					-		-
	Bank loans and overdrafts					-		-
	Obligations under finance lease and hire purchase contracts					-		-
	Trade creditors					-		-
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-		-
	Taxation and social security costs					-		421
	Other creditors					-		338
						-		759


10	Creditors: amounts falling due after one year					2026		2025
£							£

	Non-equity preference shares					-		-
	Bank loans					-		-
	Obligations under finance lease and hire purchase contracts					-		-
	Trade creditors					-		-
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-		-
	Other creditors					-		-
						-		-


11	Loans					2026		2025
£							£
	Creditors include:
	Amounts payable otherwise than by instalment falling due for payment after more than five years					-		-
	Instalments falling due for payment after more than five years					-		-
						-		-


	Secured bank loans					-		-

	[Give an indication of the nature and form of the security for the bank loans]


12	Revaluation reserve					2026		2025
£							£

	At 1 September 2025					-		-
	Gain on revaluation of land and buildings					-		-
	Deferred taxation arising on the revaluation of land and buildings					-		-

	At 31 August 2026					-		-


13	Events after the reporting date




14	Capital commitments					2026		2025
£							£

	Amounts contracted for but not provided in the accounts					-		-


15	Pension commitments




16	Other financial commitments					2026		2025
£							£

	Total future minimum payments under non-cancellable operating leases					-		-


17	Contingent liabilities




18	Off-balance sheet arrangements




19	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Abayomi Olalere OJUMU
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 2]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 3]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 4]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 5]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 6]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 7]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 8]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 9]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

		-		-		-		-


20	Guarantees made by the company on behalf of directors
	Main terms			Maximum	Amount paid
liability					and incurred
£					£
	Abayomi Olalere OJUMU
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 2]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 3]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 4]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 5]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 6]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 7]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 8]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 9]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

				-		-


21	Related party transactions




22	Controlling party




23	Other information

	Finacle Business Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is:
	66 SOUTH EASTERN AVENUE
	LONDON


	N9 9LR