07081534falsethe provision of engineering consultancy services2021-01-012021-12-31http://www.companieshouse.gov.uk/2020-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2020-12-31http://www.companieshouse.gov.uk/cd:Director12021-01-012021-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2021-12-31http://www.companieshouse.gov.uk/cd:Director22021-01-012021-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2020-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2020-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2021-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12021-01-012021-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2021-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2021-01-012021-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2021-01-012021-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2021-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2020-12-31http://www.companieshouse.gov.uk/2021-01-012021-12-31http://www.companieshouse.gov.uk/2020-12-31http://www.companieshouse.gov.uk/cd:FRS1022021-01-012021-12-31http://www.companieshouse.gov.uk/2021-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2021-01-012021-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2020-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2021-01-012021-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2021-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07081534

FUTURESERV LTD

ACCOUNTS
FOR THE YEAR ENDED 31/12/2021

Prepared By:
Brody Lee Kershaw Ltd
Chartered Accountants
Suite 2 1st Floor Metropolitan House
Station Road
Cheadle Hulme
Cheshire
SK8 7AZ

FUTURESERV LTD

ACCOUNTS
FOR THE YEAR ENDED 31/12/2021
DIRECTORS
Craig Paul CLEARY
David Joseph CLEARY
REGISTERED OFFICE
10 Oxford Court
Manchester
M2 3WQ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07081534
ACCOUNTANTS
Brody Lee Kershaw Ltd
Chartered Accountants
Suite 2 1st Floor Metropolitan House
Station Road
Cheadle Hulme
Cheshire
SK8 7AZ

FUTURESERV LTD

ACCOUNTS
FOR THEYEARENDED31/12/2021
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

FUTURESERV LTD

BALANCE SHEET AT 31/12/2021
20212020
Notes££
FIXED ASSETS
Tangible assets3822,259828,601
CURRENT ASSETS
Debtors41,566,5581,253,387
Cash at bank and in hand3,147,8231,507,508
4,714,3812,760,895
CREDITORS: Amounts falling due within one year51,136,402609,068
NET CURRENT ASSETS3,577,9792,151,827
TOTAL ASSETS LESS CURRENT LIABILITIES4,400,2382,980,428
CREDITORS: Amounts falling due after more than one year6213,014279,521
PROVISIONS FOR LIABILITIES AND CHARGES7-81,064
NET ASSETS4,187,2242,619,843
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account4,187,1242,619,743
SHAREHOLDERS' FUNDS4,187,2242,619,843
For the year ending 31/12/2021 the company was entitled to exemption 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 directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 04/02/2022 and signed on their behalf by
.............................
Craig Paul CLEARY
Director

FUTURESERV LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2021
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildings 1%
Fixtures and Fittings 15%
Equipment 50%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20212020
No.No.
Average number of employees3835
3. TANGIBLE FIXED ASSETS
Land AndFixtures
Buildingsand FittingsEquipmentTotal
££££
Cost
At 01/01/2021847,58713,012113,062973,661
Additions--24,13624,136
At 31/12/2021847,58713,012137,198997,797
Depreciation
At 01/01/202141,78910,01293,259145,060
For the year8,05845021,97030,478
At 31/12/202149,84710,462115,229175,538
Net Book Amounts
At 31/12/2021797,7402,55021,969822,259
At 31/12/2020805,7983,00019,803828,601

FUTURESERV LTD

4. DEBTORS 20212020
££
Amounts falling due within one year
Trade debtors1,521,3361,225,454
UK corporation tax-12,093
Other debtors26,98610,719
Prepayments18,2365,121
1,566,5581,253,387
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20212020
££
UK corporation tax414,971-
VAT453,491360,296
PAYE control74,71648,735
Directors current account26,32813,887
Mortgage79,29879,298
Credit card4,721543
Trade creditors74,311102,959
Other creditors4,716-
Accruals3,8503,350
1,136,402609,068
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20212020
££
Bank loans (secured) >1yr213,014279,521
213,014279,521
7. PROVISIONS FOR LIABILITIES 20212020
££
Bad Debts-81,064
-81,064

FUTURESERV LTD

8. SHARE CAPITAL 20212020
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. CONTROLLING PARTY
Mr. Craig Cleary and Mr David Cleary, directors, control the company by virtue of a controlling interest in 100% of the issued ordinary share capital.
10. RELATED PARTY TRANSACTIONS
At the balance sheet date the company owed a total of £26328 to the directors.
11. COMMITMENTS UNDER OPERATING LEASES
At 31st December 2021, the company had total commitments under non-cancellable operating leases as follows:
Payable not later than 1 year £41205
Payable after 1 year but not later than 5 years £36892