FUTURE DAZE LTD

Company Registration Number:
SC585537 (Scotland)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 1 February 2022

End date: 31 January 2023

FUTURE DAZE LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

FUTURE DAZE LTD

Profit And Loss Account

for the Period Ended 31 January 2023

2023 2022


£

£
Turnover: 341,282 234,852
Cost of sales: ( 269,310 ) ( 121,613 )
Gross profit(or loss): 71,972 113,239
Administrative expenses: ( 206,840 ) ( 105,324 )
Operating profit(or loss): (134,868) 7,915
Interest payable and similar charges: ( 2,629 ) ( 1,837 )
Profit(or loss) before tax: (137,497) 6,078
Profit(or loss) for the financial year: (137,497) 6,078

FUTURE DAZE LTD

Balance sheet

As at 31 January 2023

Notes 2023 2022


£

£
Called up share capital not paid: 1
Fixed assets
Intangible assets: 3 14,596 14,596
Tangible assets: 4 0 6,334
Total fixed assets: 14,596 20,930
Current assets
Stocks: 5 1,863 3,938
Debtors: 6 1 53,720
Cash at bank and in hand: 7,110 15,614
Total current assets: 8,974 73,272
Prepayments and accrued income: 11,069
Creditors: amounts falling due within one year: 7 ( 169,217 ) ( 143,811 )
Net current assets (liabilities): (149,174) (70,539)
Total assets less current liabilities: (134,577) ( 49,609)
Creditors: amounts falling due after more than one year: 8 ( 44,336 ) ( 40,308 )
Accruals and deferred income: ( 48,500 )
Total net assets (liabilities): (227,413) (89,917)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (227,414 ) (89,918 )
Total Shareholders' funds: ( 227,413 ) (89,917)

The notes form part of these financial statements

FUTURE DAZE LTD

Balance sheet statements

For the year ending 31 January 2023 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.

This report was approved by the board of directors on 26 October 2023
and signed on behalf of the board by:

Name: MATTHEW CRAIG TANNOCK
Status: Director

The notes form part of these financial statements

FUTURE DAZE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FUTURE DAZE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 13 15

FUTURE DAZE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 February 2022 14,596 14,596
Additions
Disposals
Revaluations
Transfers
At 31 January 2023 14,596 14,596
Amortisation
At 1 February 2022 0 0
Charge for year
On disposals
Other adjustments
At 31 January 2023 0 0
Net book value
At 31 January 2023 14,596 14,596
At 31 January 2022 14,596 14,596

FUTURE DAZE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2022 7,175 7,175
Additions
Disposals ( 7,175 ) ( 7,175 )
Revaluations
Transfers
At 31 January 2023 0 0
Depreciation
At 1 February 2022 841 841
Charge for year
On disposals ( 841 ) ( 841 )
Other adjustments
At 31 January 2023 0 0
Net book value
At 31 January 2023 0 0
At 31 January 2022 6,334 6,334

FUTURE DAZE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Stocks

2023 2022
£ £
Stocks 1,863 3,938
Total 1,863 3,938

FUTURE DAZE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

6. Debtors

2023 2022
£ £
Other debtors 1 53,720
Total 1 53,720

FUTURE DAZE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

7. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 32,365 16,672
Taxation and social security 98,100 73,915
Accruals and deferred income 41,579
Other creditors 38,752 11,645
Total 169,217 143,811

FUTURE DAZE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

8. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 44,336 40,308
Total 44,336 40,308