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REGISTERED NUMBER: 07012009 (England and Wales)











Unaudited Financial Statements

for the Year Ended

28 February 2023

for

FUTURE4YOU LTD

FUTURE4YOU LTD (Registered number: 07012009)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FUTURE4YOU LTD

Company Information
for the Year Ended 28 February 2023







DIRECTOR: JCW Lang





REGISTERED OFFICE: 49 Tanners Street
Ramsbottom
Bury
Lancashire
BL0 9ES





REGISTERED NUMBER: 07012009 (England and Wales)





ACCOUNTANTS: Mosley & Co
14 Market Place
Ramsbottom
Bury
Lancashire
BL0 9HT

FUTURE4YOU LTD (Registered number: 07012009)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,142 1,995

CURRENT ASSETS
Stocks 326,818 257,185
Debtors 5 367 260
Cash at bank 57,109 51,928
384,294 309,373
CREDITORS
Amounts falling due within one year 6 200,723 109,513
NET CURRENT ASSETS 183,571 199,860
TOTAL ASSETS LESS CURRENT
LIABILITIES

185,713

201,855

PROVISIONS FOR LIABILITIES 7 536 379
NET ASSETS 185,177 201,476

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 185,077 201,376
SHAREHOLDERS' FUNDS 185,177 201,476

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FUTURE4YOU LTD (Registered number: 07012009)

Balance Sheet - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2023 and were signed by:





JCW Lang - Director


FUTURE4YOU LTD (Registered number: 07012009)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

FUTURE4YOU LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

FUTURE4YOU LTD (Registered number: 07012009)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 13,711
Additions 704
At 28 February 2023 14,415
DEPRECIATION
At 1 March 2022 11,716
Charge for year 557
At 28 February 2023 12,273
NET BOOK VALUE
At 28 February 2023 2,142
At 28 February 2022 1,995

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 367 260

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors - 1
Other creditors 200,723 109,512
200,723 109,513

7. PROVISIONS FOR LIABILITIES
28.2.23 28.2.22
£    £   
Deferred tax 536 379

Deferred
tax
£   
Balance at 1 March 2022 379
Provided during year 157
Balance at 28 February 2023 536

FUTURE4YOU LTD (Registered number: 07012009)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary 1.00 100 100

9. RESERVES
Retained
earnings
£   

At 1 March 2022 201,376
Deficit for the year (16,299 )
At 28 February 2023 185,077