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REGISTERED NUMBER: 08057690 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

The Future Group York Ltd

The Future Group York Ltd (Registered number: 08057690)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Future Group York Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTORS: L Feetenby
J Garnett
C Parker





REGISTERED OFFICE: 2 Clifton Moor Business Village
James Nicolson Link
York
North Yorkshire
YO30 4XG





REGISTERED NUMBER: 08057690 (England and Wales)





ACCOUNTANTS: Beckingtons
2 Clifton Moor Business
Village
James Nicolson Link
York
North Yorkshire
YO30 4XG

The Future Group York Ltd (Registered number: 08057690)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,227 5,403
Investments 5 3 3
5,230 5,406

CURRENT ASSETS
Stocks 14,400 32,000
Debtors 6 38,639 54,796
Cash at bank and in hand 12,935 6,054
65,974 92,850
CREDITORS
Amounts falling due within one year 7 51,780 68,818
NET CURRENT ASSETS 14,194 24,032
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,424

29,438

CREDITORS
Amounts falling due after more than one year 8 18,333 28,333
NET ASSETS 1,091 1,105

CAPITAL AND RESERVES
Called up share capital 9 3 3
Retained earnings 1,088 1,102
SHAREHOLDERS' FUNDS 1,091 1,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The Future Group York Ltd (Registered number: 08057690)

Balance Sheet - continued
31 July 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 Board of Directors and authorised for issue on 18 April 2024 and were signed on its behalf by:




L Feetenby - Director



J Garnett - Director


The Future Group York Ltd (Registered number: 08057690)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

The Future Group York 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.
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance and 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

The Future Group York Ltd (Registered number: 08057690)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 14,720
Additions 1,387
At 31 July 2023 16,107
DEPRECIATION
At 1 August 2022 9,317
Charge for year 1,563
At 31 July 2023 10,880
NET BOOK VALUE
At 31 July 2023 5,227
At 31 July 2022 5,403

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2022
and 31 July 2023 3
NET BOOK VALUE
At 31 July 2023 3
At 31 July 2022 3

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 11,083 14,696
Other debtors 27,556 40,100
38,639 54,796

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 7,337 25,383
Taxation and social security 38 345
Other creditors 34,405 33,090
51,780 68,818

The Future Group York Ltd (Registered number: 08057690)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans 18,333 28,333

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
3 Ordinary £1 3 3