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Company No: 13962263 (England and Wales)

THOTH FINANCIAL ADVISORY LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH THE REGISTRAR

THOTH FINANCIAL ADVISORY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025

Contents

THOTH FINANCIAL ADVISORY LIMITED

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
THOTH FINANCIAL ADVISORY LIMITED

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
DIRECTORS A Decitre
I Decitre (Appointed 10 June 2024)
S M H Ling
T W Slater
REGISTERED OFFICE 19 Cedar Road
Sutton
United Kingdom
COMPANY NUMBER 13962263 (England and Wales)
ACCOUNTANT Shaw Gibbs Limited
Salatin House
19 Cedar Road
Sutton
SM2 5DA
THOTH FINANCIAL ADVISORY LIMITED

BALANCE SHEET

AS AT 31 MARCH 2025
THOTH FINANCIAL ADVISORY LIMITED

BALANCE SHEET (continued)

AS AT 31 MARCH 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 4 3,121 1,944
Investments 5 165,997 21,172
169,118 23,116
Current assets
Debtors 6 79,536 109,033
Cash at bank and in hand 7 199,571 350,596
279,107 459,629
Creditors: amounts falling due within one year 8 ( 41,321) ( 146,929)
Net current assets 237,786 312,700
Total assets less current liabilities 406,904 335,816
Provision for liabilities 9 ( 780) ( 900)
Net assets 406,124 334,916
Capital and reserves
Called-up share capital 10 10 10
Profit and loss account 406,114 334,906
Total shareholders' funds 406,124 334,916

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Thoth Financial Advisory Limited (registered number: 13962263) were approved and authorised for issue by the Board of Directors on 10 July 2025. They were signed on its behalf by:

A Decitre
Director
THOTH FINANCIAL ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
THOTH FINANCIAL ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Thoth Financial Advisory Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 19 Cedar Road, Sutton, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Taxation

Current tax
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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 4 - 5 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 1

3. Dividends on equity shares

2025 2024
£ £
Amounts recognised as distributions to equity holders in the financial year:
Interim dividend for the financial year ended 31 March 2025 of £62.50 (2024: £125) per ordinary share 500 1,000
Interim dividend for the financial year ended 31 March 2025 of £250 (2024: £500) per ordinary A share 500 1,000
1,000 2,000

4. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 April 2024 2,061 2,061
Additions 1,774 1,774
At 31 March 2025 3,835 3,835
Accumulated depreciation
At 01 April 2024 117 117
Charge for the financial year 597 597
At 31 March 2025 714 714
Net book value
At 31 March 2025 3,121 3,121
At 31 March 2024 1,944 1,944

5. Fixed asset investments

Listed investments Total
£ £
Cost or valuation before impairment
At 01 April 2024 21,172 21,172
Additions 153,201 153,201
Movement in fair value ( 8,376) ( 8,376)
At 31 March 2025 165,997 165,997
Carrying value at 31 March 2025 165,997 165,997
Carrying value at 31 March 2024 21,172 21,172

6. Debtors

2025 2024
£ £
Trade debtors 79,187 108,697
VAT recoverable 349 336
79,536 109,033

7. Cash and cash equivalents

2025 2024
£ £
Cash at bank and in hand 199,571 350,596

8. Creditors: amounts falling due within one year

2025 2024
£ £
Trade creditors 1,416 1,734
Amounts owed to directors 12,179 65,928
Accruals 1,450 1,375
Corporation tax 24,061 75,685
Other taxation and social security 2,215 2,207
41,321 146,929

9. Deferred tax

2025 2024
£ £
At the beginning of financial year ( 900) 0
Credited/(charged) to the Profit and Loss Account 120 ( 900)
At the end of financial year ( 780) ( 900)

10. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
8 Ordinary shares of £1 each shares of £ 1.00 each (2024: nil shares) 8 0
2 Ordinary A shares of £1 each shares of £ 1.00 each (2024: nil shares) 2 0
10 0