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Company Registration No. 14987519 (England and Wales)
Admio Capital Ltd Unaudited accounts for the year ended 31 December 2024
Admio Capital Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Admio Capital Ltd Company Information for the year ended 31 December 2024
Director
Arnaud de Marmies
Company Number
14987519 (England and Wales)
Registered Office
10TH FLOOR 240 BLACKFRIARS ROAD LONDON SE1 8NW ENGLAND
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Admio Capital Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
5,303 
6,951 
Investments
5
18,070 
18,065 
23,373 
25,016 
Current assets
Debtors
6
565,511 
499,569 
Cash at bank and in hand
39,221 
43,024 
604,732 
542,593 
Creditors: amounts falling due within one year
7
(349,925)
(376,326)
Net current assets
254,807 
166,267 
Total assets less current liabilities
278,180 
191,283 
Provisions for liabilities
Deferred tax
8
(94)
(235)
Net assets
278,086 
191,048 
Capital and reserves
Called up share capital
10 
10 
Share premium
158,830 
158,830 
Profit and loss account
119,246 
32,208 
Shareholders' funds
278,086 
191,048 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 September 2025 and were signed on its behalf by
Arnaud de Marmies Director Company Registration No. 14987519
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Admio Capital Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Admio Capital Ltd is a private company, limited by shares, registered in England and Wales, registration number 14987519. The registered office is 10TH FLOOR 240 BLACKFRIARS ROAD, LONDON, SE1 8NW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Admio Capital Ltd Notes to the Accounts for the year ended 31 December 2024
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Operating leases
Rentals under operating leases are charged to comprehensive income on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term.
Investments
Investments in subsidiaries are included at cost less impairment. Investments in ordinary shares or preference shares of other entities, which are not subsidiaries, are measured at fair value, unless fair value cannot be measured reliably.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
8,050 
Additions
1,391 
At 31 December 2024
9,441 
Depreciation
At 1 January 2024
1,099 
Charge for the year
3,039 
At 31 December 2024
4,138 
Net book value
At 31 December 2024
5,303 
At 31 December 2023
6,951 
5
Investments
Subsidiary undertakings 
Other investments 
Total 
£ 
£ 
£ 
Valuation at 1 January 2024
18,059 
6 
18,065 
Additions
- 
5 
5 
Valuation at 31 December 2024
18,059 
11 
18,070 
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Admio Capital Ltd Notes to the Accounts for the year ended 31 December 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
7,491 
9,043 
Trade debtors
98,509 
173,580 
Amounts due from group undertakings etc.
349,161 
287,149 
Accrued income and prepayments
103,870 
23,195 
Other debtors
6,480 
122 
565,511 
493,089 
Amounts falling due after more than one year
Other debtors
- 
6,480 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
51,369 
119,824 
Amounts owed to group undertakings and other participating interests
192,841 
166,621 
Taxes and social security
46,748 
41,392 
Other creditors
925 
1,593 
Loans from directors
21,962 
42,756 
Accruals
36,080 
4,140 
349,925 
376,326 
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
94 
235 
2024 
2023 
£ 
£ 
Provision at start of year
235 
- 
(Credited)/charged to the profit and loss account
(141)
235 
Provision at end of year
94 
235 
9
Pension commitments
The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £925 (2023 – £1,593) were due to the fund. They are included in other creditors.
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Admio Capital Ltd Notes to the Accounts for the year ended 31 December 2024
10
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
29,700 
32,400 
Later than one year and not later than five years
- 
29,700 
29,700 
62,100 
11
Transactions with related parties
Icefog Ltd Icefog Ltd owns 100% of the issued share capital of Admio Capital Ltd. At 31 December 2024, amounts owed to group undertakings include an unsecured and interest free loan of £192,841 (2023 - £166,621) owed to Icefog. The loan is repayable on demand. Director At 31 December 2024, Creditors: amounts falling due within one year include an unsecured and interest free loan of £21,962 (2023 - £42,756) owed to its Director. The loan is repayable on demand. Admio France SAS The company owns 100% of the issued share capital of Admio France SAS. At 31 December 2024, amounts due from group undertakings include an unsecured and interest free loan of £264,766 (2023 - £259,059) owed to the company from Admio France SAS. The loan is repayable on demand. Admio Asset Management SAS Admio France SAS owns 100% of the issued share capital of Admio Asset Management SAS (Admio AM). During the year the company charged Admio AM £211,945 (2023 - £28,090) for business support and IT development services. At 31 December 2024 Admio AM owed £84,395 (2023 - £28,090) in respect of these transactions. Finorama Technology Ltd The company owns 10.5% of ordinary share capital of the Company. At 31 December 2024 the company owed £35,000 (2023 - £75,000) to Finorama for the use of a risk management and analytics software it has been developing.
12
Average number of employees
During the year the average number of employees was 5 (2023: 6).
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