Company No: 14572463 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.01.2025		31.01.2024
		£		£
				Restated - note 2
Fixed assets
Investment property	4	355,368		155,784
		355,368		155,784
Current assets
Debtors	5	0		2
Cash at bank and in hand		24,562		9,905
		24,562		9,907
Creditors: amounts falling due within one year	6	( 13,833)		( 157,948)
Net current assets/(liabilities)		10,729		(148,041)
Total assets less current liabilities		366,097		7,743
Creditors: amounts falling due after more than one year	7	( 347,785)		0
Net assets		18,312		7,743
Capital and reserves
Called-up share capital	8	2		2
Profit and loss account		18,310		7,741
Total shareholders' funds		18,312		7,743

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

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of FOMO Investments Ltd (registered number: 14572463) were approved and authorised for issue by the Board of Directors on 31 October 2025. They were signed on its behalf by:

Daniel Morris Director

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 period, unless otherwise stated.

General information and basis of accounting

FOMO Investments Ltd (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 Shelbourne Business Centre, 44a - 46a Shelbourne Road, BH8 8QY, Bournemouth, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 £.

Prior year adjustment

The accounts for the period ended 31 January 2024 have been re-instated due to error in investment property and sales which were materially mis-stated.

Turnover

Turnover is stated net of 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
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Prior year adjustment

		As previously reported		Adjustment		As restated
Year ended 31 January 2024		£		£		£
Sales		0		10,250		10,250
Administrative expenses		(6,032)		5,339		(693)
Tax on Profit		0		(1,816)		(1,816)
Investment property		150,000		5,784		155,784
Debtors		0		2		2
Cash at bank and in hand		0		9,905		9,905
Creditors		(155,732)		(2,216)		(157,948)
Profit and loss account		6,032		1,709		7,741

3. Employees

	Year ended 31.01.2025		Period from 05.01.2023 to 31.01.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

4. Investment property

	Investment property
	£
Valuation
As at 01 February 2024	155,784
Additions	199,584
As at 31 January 2025	355,368

5. Debtors

	31.01.2025		31.01.2024
	£		£
Other debtors	0		2

6. Creditors: amounts falling due within one year

	31.01.2025		31.01.2024
	£		£
Taxation and social security	4,295		1,816
Other creditors	9,538		156,132
	13,833		157,948

7. Creditors: amounts falling due after more than one year

	31.01.2025		31.01.2024
	£		£
Amounts owed to directors	250,000		0
Other loans (secured)	97,785		0
	347,785		0

Other loan is secured by mortgage against the investment property valued at £155,783

8. Called-up share capital

	31.01.2025		31.01.2024
	£		£
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each	2		2