Registered number
04792571
Future Inclusion Limited
Filleted Accounts
30 June 2024
Future Inclusion Limited
Registered number: 04792571
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 6,402 7,659
Current assets
Debtors 4 5,187 8,443
Cash at bank and in hand 147,881 142,608
153,068 151,051
Creditors: amounts falling due within one year 5 (35,205) (32,825)
Net current assets 117,863 118,226
Net assets 124,265 125,885
Capital and reserves
Called up share capital 10 10
Profit and loss account 124,255 125,875
Shareholder's funds 124,265 125,885
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her 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.
Dr A Maynard
Director
Approved by the board on 21 October 2024
Future Inclusion Limited
Notes to the Accounts
for the year ended 30 June 2024
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 (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses.
Fixtures, fittings, tools and equipment 25% Reducing Balance
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2023 34,110
Additions 878
At 30 June 2024 34,988
Depreciation
At 1 July 2023 26,452
Charge for the year 2,134
At 30 June 2024 28,586
Net book value
At 30 June 2024 6,402
At 30 June 2023 7,658
4 Debtors 2024 2023
£ £
Trade debtors 5,200 7,697
Other debtors (13) 746
5,187 8,443
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 176 10
Taxation and social security costs 958 1,341
Other creditors 34,071 31,474
35,205 32,825
6 Other information
Future Inclusion Limited is a private company limited by shares and incorporated in England. Its registered office is:
The Bristol Office 2nd Floor
5 High Street
Westbury-On-Trym
Bristol
BS9 3BY
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