Acorah Software Products - Accounts Production 16.7.461 false true true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 10244984 Mr. Iosu Arrizabalaga Cortabarria Factum Information Technologies S.L. true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10244984 2024-06-30 10244984 2025-06-30 10244984 2024-07-01 2025-06-30 10244984 frs-core:CurrentFinancialInstruments 2025-06-30 10244984 frs-core:ComputerEquipment 2025-06-30 10244984 frs-core:ComputerEquipment 2024-07-01 2025-06-30 10244984 frs-core:ComputerEquipment 2024-06-30 10244984 frs-core:ShareCapital 2025-06-30 10244984 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 10244984 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 10244984 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 10244984 frs-bus:SmallEntities 2024-07-01 2025-06-30 10244984 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 10244984 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 10244984 1 2024-07-01 2025-06-30 10244984 frs-bus:Director1 2024-07-01 2025-06-30 10244984 frs-bus:Director1 2024-06-30 10244984 frs-bus:Director1 2025-06-30 10244984 frs-countries:EnglandWales 2024-07-01 2025-06-30 10244984 2023-06-30 10244984 2024-06-30 10244984 2023-07-01 2024-06-30 10244984 frs-core:CurrentFinancialInstruments 2024-06-30 10244984 frs-core:ShareCapital 2024-06-30 10244984 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 10244984
Factum It Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Factum It Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
Factum It Limited
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 10244984

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 304 |  | 914
|  |  | 304 |  | 914
CURRENT ASSETS
Debtors | 5 | 300 |  | 300 |
Cash at bank and in hand |  | 11,970 |  | 12,798 |
|  | 12,270 |  | 13,098 |
Creditors: Amounts Falling Due Within One Year | 6 | (22,167 ) |  | (21,434 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (9,897 ) |  | (8,336 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (9,593 ) |  | (7,422 )
NET LIABILITIES |  |  | (9,593 ) |  | (7,422 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | (10,593 ) |  | (8,422 )
SHAREHOLDERS' FUNDS |  |  | (9,593) |  | (7,422)

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr. Iosu Arrizabalaga Cortabarria Director
06/03/2026

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Factum It Limited
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Factum It Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10244984 . The registered office is 19 The Circle , Queen Elizabeth Street, London, SE1 2JE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office Equipment | 20% SLM

3. Average Number of Employees
Average number of employees, including directors, during the year was as follows NIL (2024: NIL)
- -
4. Tangible Assets

| Office Equipment
--- | ---
| £
Cost
As at 1 July 2024 | 4,681
As at 30 June 2025 | 4,681
Depreciation
As at 1 July 2024 | 3,767
Provided during the period | 610
As at 30 June 2025 | 4,377
Net Book Value
As at 30 June 2025 | 304
As at 1 July 2024 | 914

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 300 |  | 300

Page 2
Page 3
Factum It Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 720
Accruals and deferred income | 313 |  | 300
Director's loan account | 20,414 |  | 20,414
Factum IT SL | 1,440 |  | -
| 22,167 |  | 21,434

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

8. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:

| As at 1 July 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 June 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr. Iosu Arrizabalaga Cortabarria | 20,414 | - | - | - | 20,414

The above loan is unsecured, interest free and repayable on demand.
9. Related Party Transactions
Factum Information Technologies S.L. is holding company of the Factum It Limited.
During the year, company has taken a loan form Factum Information Technologies S.L amounting to £1,440.00 (30.06.2024 - £0.00) and same was included in Note 6 above.
10. Ultimate Controlling Party
The company's ultimate controlling party is Factum Information Technologies S.L. by virtue of his ownership of 75% or more of the issued share capital in the company.
Page 3