Company Registration No. 11269898 (England and Wales)
Future Wood Green Ltd
Unaudited accounts
for the period from 1 April 2022 to 30 June 2023
Future Wood Green Ltd
Unaudited accounts
Contents
Future Wood Green Ltd
Company Information
for the period from 1 April 2022 to 30 June 2023
Directors
Haroon Rashid
Samantha Davidson
Ginal Patel
Hamad Arif Awan
Sohail Ali
Company Number
11269898 (England and Wales)
Registered Office
Room 9, Unit 1 Kingfisher Place
Clarendon Road
Wood Green
London
N22 6XF
United Kingdom
Accountants
MDP Accountancy Services LLP
6A High Road
London
United Kingdom
N22 6BX
Future Wood Green Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
37,666
946
Cash at bank and in hand
7,033
70,928
Creditors: amounts falling due within one year
(27,129)
(86,490)
Net current liabilities
(2,090)
(10,838)
Total assets less current liabilities
35,576
(9,892)
Creditors: amounts falling due after more than one year
(99,200)
-
Net liabilities
(63,624)
(9,892)
Fair value reserve
36,747
-
Profit and loss account
(100,371)
(9,892)
Members' funds
(63,624)
(9,892)
For the period ending 30 June 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 February 2024 and were signed on its behalf by
Haroon Rashid
Director
Company Registration No. 11269898
Future Wood Green Ltd
Notes to the Accounts
for the period from 1 April 2022 to 30 June 2023
Future Wood Green Ltd is a private company, limited by guarantee, registered in England and Wales, registration number 11269898. The registered office is Room 9, Unit 1 Kingfisher Place, Clarendon Road, Wood Green , London , N22 6XF, United Kingdom .
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
-
2,077
2,077
Additions
36,747
203
36,950
At 30 June 2023
36,747
2,280
39,027
At 1 April 2022
-
1,131
1,131
Charge for the period
-
230
230
At 30 June 2023
-
1,361
1,361
At 30 June 2023
36,747
919
37,666
At 31 March 2022
-
946
946
Amounts falling due within one year
Future Wood Green Ltd
Notes to the Accounts
for the period from 1 April 2022 to 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
15,541
17,256
Taxes and social security
11,588
7,281
7
Creditors: amounts falling due after more than one year
2023
2022
8
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
9
Average number of employees
During the period the average number of employees was 2 (2022: 3).