FATHOM FINANCIAL CONSULTING LIMITED

Company Registration Number:
04942817 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

FATHOM FINANCIAL CONSULTING LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

FATHOM FINANCIAL CONSULTING LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 84,025 27,324
Investments: 4 16,000 0
Total fixed assets: 100,025 27,324
Current assets
Stocks: 529,552 447,485
Debtors: 5 671,312 647,797
Cash at bank and in hand: 936,144 828,532
Total current assets: 2,137,008 1,923,814
Creditors: amounts falling due within one year:   (458,026) (507,725)
Net current assets (liabilities): 1,678,982 1,416,089
Total assets less current liabilities: 1,779,007 1,443,413
Creditors: amounts falling due after more than one year:   (23,955) 0
Total net assets (liabilities): 1,755,052 1,443,413
Capital and reserves
Called up share capital: 774 774
Share premium account: 10,366 10,366
Other reserves: 594 594
Profit and loss account: 1,743,318 1,431,679
Shareholders funds: 1,755,052 1,443,413

The notes form part of these financial statements

FATHOM FINANCIAL CONSULTING LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 24 July 2024
and signed on behalf of the board by:

Name: E. Britton
Status: Director

The notes form part of these financial statements

FATHOM FINANCIAL CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FATHOM FINANCIAL CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 32 24

FATHOM FINANCIAL CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 242,396
Additions 80,122
At 31 October 2023 322,518
Depreciation
At 01 November 2022 215,072
Charge for year 23,421
At 31 October 2023 238,493
Net book value
At 31 October 2023 84,025
At 31 October 2022 27,324

FATHOM FINANCIAL CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Fixed investments

Risk Traders LimitedDuring the year, the company at a cost of £37,738, acquired or subscribed for 40% of the ordinary share capital of Risk Traders Limited, a company developing products for the financial service industry. Since the balance sheet date, the shareholders have decided to terminate the company’s activities and to proceed to a windup. The estimated realisation for Fathom Financial Consulting Limited is £16,000 and the directors have therefore provided in these accounts for a permanent diminution in value of £21,738.

FATHOM FINANCIAL CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

FATHOM FINANCIAL CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Loans to directors

Name of director receiving advance or credit: E. Britton
Description of the loan: Previous advances less repayments.No interest has been charged on overdrawn amounts, and there are no fixed terms for repayment.
£
Balance at 01 November 2022 363,890
Advances or credits repaid: 29,373
Balance at 31 October 2023 334,517