2023-01-01 2023-12-31 false Capium Accounts Production 1.1 12296842 bus:AbridgedAccounts 2023-01-01 2023-12-31 12296842 bus:FRS102 2023-01-01 2023-12-31 12296842 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12296842 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12296842 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12296842 2023-01-01 2023-12-31 12296842 2023-12-31 12296842 bus:RegisteredOffice 2023-01-01 2023-12-31 12296842 core:WithinOneYear 2023-12-31 12296842 core:AfterOneYear 2023-12-31 12296842 bus:Director1 2023-01-01 2023-12-31 12296842 bus:Director1 2023-12-31 12296842 bus:Director1 2022-01-01 2022-12-31 12296842 2022-01-01 12296842 bus:LeadAgentIfApplicable 2023-01-01 2023-12-31 12296842 2022-01-01 2022-12-31 12296842 2022-12-31 12296842 core:WithinOneYear 2022-12-31 12296842 core:AfterOneYear 2022-12-31 12296842 bus:EntityAccountantsOrAuditors 2022-01-01 2022-12-31 12296842 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 12296842 bus:OrdinaryShareClass1 2023-12-31 12296842 bus:OrdinaryShareClass1 2022-01-01 2022-12-31 12296842 bus:OrdinaryShareClass1 2022-12-31 12296842 core:PlantMachinery 2023-01-01 2023-12-31 12296842 core:PlantMachinery 2023-12-31 12296842 core:PlantMachinery 2022-12-31 12296842 core:MotorCars 2023-01-01 2023-12-31 12296842 core:MotorCars 2023-12-31 12296842 core:MotorCars 2022-12-31 12296842 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-12-31 12296842 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-12-31 12296842 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 12296842 core:CostValuation core:Non-currentFinancialInstruments 2022-12-31 12296842 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-12-31 12296842 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 12296842 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 12296842 core:Non-currentFinancialInstruments 2023-12-31 12296842 core:Non-currentFinancialInstruments 2022-12-31 12296842 core:ShareCapital 2023-12-31 12296842 core:ShareCapital 2022-12-31 12296842 core:RetainedEarningsAccumulatedLosses 2023-12-31 12296842 core:RetainedEarningsAccumulatedLosses 2022-12-31 12296842 dpl:Item1 2023-01-01 12296842 dpl:Item1 2023-12-31 12296842 dpl:Item1 2022-01-01 12296842 dpl:Item1 2022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12296842
England and Wales

 

 

 


Abridged Accounts

for the year ended 31 December 2023

for

FUTURE SIPS LTD

 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 10,439    26,208 
10,439    26,208 
Current assets      
Stocks 3,890    848 
Debtors 357,856    241,149 
Cash at bank and in hand 88,305    46,817 
450,051    288,814 
Creditors: amount falling due within one year (147,023)   (74,564)
Net current assets 303,028    214,250 
 
Total assets less current liabilities 313,467    240,458 
Creditors: amount falling due after more than one year   (3,141)
Net assets 313,467    237,317 
 

Capital and reserves
     
Called up share capital 4 100    100 
Profit and loss account 313,367    237,217 
Shareholders' funds 313,467    237,317 
 


For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 26 September 2024 and were signed by:


-------------------------------
Richard Kocerhan
Director
1
General Information
Future Sips LTD is a private company, limited by shares, registered in England and Wales, registration number 12296842, registration address Unit 27 Staunton Court, Ledbury , Gloucestershire, GL19 3QS.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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 (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the income statement on a straight line basis.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Straight Line
Motor Vehicles 25% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 5 (2022 : 5).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Total
  £   £   £
At 01 January 2023 41,682    21,399    63,081 
Additions    
Disposals    
At 31 December 2023 41,682    21,399    63,081 
Depreciation
At 01 January 2023 20,838    16,035    36,873 
Charge for year 10,420    5,349    15,769 
On disposals    
At 31 December 2023 31,258    21,384    52,642 
Net book values
Closing balance as at 31 December 2023 10,424    15    10,439 
Opening balance as at 01 January 2023 20,844    5,364    26,208 


4.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
100 Class A shares of £1.00 each 100    100 
100    100 

2