Registered number
14124514
Future High Street Living (Barracks) Limited
Report and Accounts
30 September 2023
Accountancy 4 Wealth Limited
Accountants and Business Advisors
33 Wolverhampton Road
Cannock
Staffordshire
WS11 1AP
Future High Street Living (Barracks) Limited
Registered number: 14124514
Balance Sheet
as at 30 September 2023
Notes 2023
£
Fixed assets
Tangible assets 3 251,740
Current assets
Debtors 4 100
Creditors: amounts falling due within one year 5 (251,740)
Net current liabilities (251,640)
Net assets 100
Capital and reserves
Called up share capital 100
Shareholders' funds 100
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Samuel Ginda
Director
Approved by the board on 20 February 2024
Future High Street Living (Barracks) Limited
Notes to the Accounts
for the period from 23 May 2022 to 30 September 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Land and Building NIL%
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023
Number
Average number of persons employed by the company 1
3 Tangible fixed assets
Land and buildings
£
Cost
Additions 251,740
At 30 September 2023 251,740
Depreciation
At 30 September 2023 -
Net book value
At 30 September 2023 251,740
4 Debtors 2023
£
Other debtors 100
5 Creditors: amounts falling due within one year 2023
£
Other creditors 251,740
Future High Street Living (Barracks) Limited 14124514 false 2022-05-23 2023-09-30 2023-09-30 VT Final Accounts October 2023 release 2 Samuel Ginda No description of principal activity 14124514 2022-05-23 2023-09-30 14124514 bus:PrivateLimitedCompanyLtd 2022-05-23 2023-09-30 14124514 bus:AuditExemptWithAccountantsReport 2022-05-23 2023-09-30 14124514 bus:Director40 2022-05-23 2023-09-30 14124514 1 2022-05-23 2023-09-30 14124514 2 2022-05-23 2023-09-30 14124514 bus:FRS102 2022-05-23 2023-09-30 14124514 bus:FullAccounts 2022-05-23 2023-09-30 14124514 2023-09-30 14124514 core:WithinOneYear 2023-09-30 14124514 core:ShareCapital 2023-09-30 14124514 2022-05-22 iso4217:GBP xbrli:pure