Registered number
13630597
Futurum Holdings Limited
Unaudited Filleted Accounts
30 September 2024
API Partnership Limited t/a Chandler & Georges
Chartered Accountants
75 Westow Hill
London
SE19 1TX
Ph. 0208 761 2213
Web. www.chandlerandgeorges.co.uk
Futurum Holdings Limited
Registered number: 13630597
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,234 1,645
Investments 4 75,200 75,200
76,434 76,845
Current assets
Debtors 5 183,861 -
Cash at bank and in hand 29,659 8,520
213,520 8,520
Creditors: amounts falling due within one year 6 (276,449) (78,785)
Net current liabilities (62,929) (70,265)
Net assets 13,505 6,580
Capital and reserves
Called up share capital 100 100
Profit and loss account 13,405 6,480
Shareholders' funds 13,505 6,580
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.
Nickolas Demetrios Nicolaou
Director
Approved by the board on 25 June 2025
Futurum Holdings Limited
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
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:
Fixtures, fittings, tools and equipment over 5 years
Investments
Investments in subsidiaries, associates, joint ventures and third party transactions 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 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2023 2,056
At 30 September 2024 2,056
Depreciation
At 1 October 2023 411
Charge for the year 411
At 30 September 2024 822
Net book value
At 30 September 2024 1,234
At 30 September 2023 1,645
4 Investments
Other
investments
£
Cost
At 1 October 2023 75,200
At 30 September 2024 75,200
5 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 183,861 -
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 1,414 846
Other creditors 275,035 77,939
276,449 78,785
7 Related party transactions
In accordance with the exemption available in Section 33 of FRS 102; the company has not disclosed transactions with its 100% parent and fellow subsidiary companies within the group.

The company has availed of an exemption available in Section 1.12 of FRS 102 from the requirement to disclose details of the remuneration of 'Key Management Personnel'.
8 Controlling party
The company is controlled by Mr N Nicolaou
9 Other information
Futurum Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is:
75 Westow Hill
Crystal Palace
London
SE19 1TX
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