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REGISTERED NUMBER: 04445788 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

FACTOTUM LIMITED

FACTOTUM LIMITED (REGISTERED NUMBER: 04445788)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FACTOTUM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mr G Abbey
Mrs J A Robinson





REGISTERED OFFICE: Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH





REGISTERED NUMBER: 04445788 (England and Wales)





ACCOUNTANTS: Staffords
Chartered Accountants
Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH

FACTOTUM LIMITED (REGISTERED NUMBER: 04445788)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 35,958 54,537
Tangible assets 5 7,654 9,856
43,612 64,393

CURRENT ASSETS
Debtors 6 53,817 70,453
Cash at bank 5,072 10,066
58,889 80,519
CREDITORS
Amounts falling due within one year 7 83,437 110,557
NET CURRENT LIABILITIES (24,548 ) (30,038 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,064

34,355

CREDITORS
Amounts falling due after more than one
year

8

106,525

136,559

CAPITAL AND RESERVES
Called up share capital 10 93,626 93,626
Share premium 79,765 79,765
Retained earnings (260,852 ) (275,595 )
SHAREHOLDERS' FUNDS (87,461 ) (102,204 )
19,064 34,355

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FACTOTUM LIMITED (REGISTERED NUMBER: 04445788)

BALANCE SHEET - continued
31 MAY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 January 2025 and were signed on its behalf by:





Mr G Abbey - Director


FACTOTUM LIMITED (REGISTERED NUMBER: 04445788)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Factotum Limited 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

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Over the length of the lease
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 17 ) .

FACTOTUM LIMITED (REGISTERED NUMBER: 04445788)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 187,288 3,667 190,955
AMORTISATION
At 1 June 2023 132,751 3,667 136,418
Charge for year 18,579 - 18,579
At 31 May 2024 151,330 3,667 154,997
NET BOOK VALUE
At 31 May 2024 35,958 - 35,958
At 31 May 2023 54,537 - 54,537

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 June 2023 22,856 11,157 94,599 128,612
Additions - 786 1,433 2,219
At 31 May 2024 22,856 11,943 96,032 130,831
DEPRECIATION
At 1 June 2023 19,013 10,151 89,592 118,756
Charge for year 1,805 418 2,198 4,421
At 31 May 2024 20,818 10,569 91,790 123,177
NET BOOK VALUE
At 31 May 2024 2,038 1,374 4,242 7,654
At 31 May 2023 3,843 1,006 5,007 9,856

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 20,071 28,949
Other debtors 33,746 41,504
53,817 70,453

FACTOTUM LIMITED (REGISTERED NUMBER: 04445788)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,816 17,321
Trade creditors 16,837 27,798
Taxation and social security 20,345 21,432
Other creditors 36,439 44,006
83,437 110,557

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 10,000 20,000
Other creditors 96,525 116,559
106,525 136,559

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bounce Back Loan 20,000 30,000

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
93,626 Ordinary £1 £1 93,626 93,626

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

There are no material related party transactions which were not concluded under normal market conditions.