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REGISTERED NUMBER: 11058783 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

LOUD FUTURES LIMITED
(A COMPANY LIMITED BY GUARANTEE)

LOUD FUTURES LIMITED (REGISTERED NUMBER: 11058783)
(A COMPANY LIMITED BY GUARANTEE)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LOUD FUTURES LIMITED
(A COMPANY LIMITED BY GUARANTEE)

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: R Clarke
J M A Sterling





REGISTERED OFFICE: 55 Loudoun Road
London
NW8 0DL





REGISTERED NUMBER: 11058783 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
London
NW8 0DL

LOUD FUTURES LIMITED (REGISTERED NUMBER: 11058783)
(A COMPANY LIMITED BY GUARANTEE)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 406 542

CURRENT ASSETS
Debtors 5 2,472 2,637
Cash at bank 3 14,421
2,475 17,058
CREDITORS
Amounts falling due within one year 6 (6,910 ) (2,848 )
NET CURRENT (LIABILITIES)/ASSETS (4,435 ) 14,210
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,029

)

14,752

CREDITORS
Amounts falling due after more than one year 7 (7,051 ) (8,500 )
NET (LIABILITIES)/ASSETS (11,080 ) 6,252

RESERVES
Retained earnings (11,080 ) 6,252
(11,080 ) 6,252

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

LOUD FUTURES LIMITED (REGISTERED NUMBER: 11058783)
(A COMPANY LIMITED BY GUARANTEE)

BALANCE SHEET - continued
30 NOVEMBER 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 5 August 2024 and were signed on its behalf by:





J M A Sterling - Director


LOUD FUTURES LIMITED (REGISTERED NUMBER: 11058783)
(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Loud Futures Limited is a private company, limited by guarantee , 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.

The directors report net current liabilities of £4,435 (2022: net current assets £14,210) but they consider that the company will be able to trade profitably for the foreseeable future and they will continue to support the company.

Due to the above the directors believe that it is appropriate for the financial statements to be prepared on a going concern basis.

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.
Computer equipment - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

LOUD FUTURES LIMITED (REGISTERED NUMBER: 11058783)
(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 December 2022
and 30 November 2023 1,284
DEPRECIATION
At 1 December 2022 742
Charge for year 136
At 30 November 2023 878
NET BOOK VALUE
At 30 November 2023 406
At 30 November 2022 542

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors - 165
Tax 2,472 2,472
2,472 2,637

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts (see note 8) 1,000 1,000
Trade creditors 3,315 -
Other creditors 2,595 1,848
6,910 2,848

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans (see note 8) 7,051 8,500

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 500

LOUD FUTURES LIMITED (REGISTERED NUMBER: 11058783)
(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


8. LOANS

An analysis of the maturity of loans is given below:

30.11.23 30.11.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 1,000 1,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 2,000 2,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 5,051 6,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 500

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The liability of each member is limited to £1, being the amount that each member undertakes to contribute to the assets of the company in the event of its being wound up while he is a member or within one year after he ceases to be a member.