Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.62023-07-01falseNo description of principal activity6falsefalse 03576707 2023-07-01 2024-06-30 03576707 2022-07-01 2023-06-30 03576707 2024-06-30 03576707 2023-06-30 03576707 c:CompanySecretary1 2023-07-01 2024-06-30 03576707 c:Director1 2023-07-01 2024-06-30 03576707 c:RegisteredOffice 2023-07-01 2024-06-30 03576707 d:FurnitureFittings 2023-07-01 2024-06-30 03576707 d:FurnitureFittings 2024-06-30 03576707 d:FurnitureFittings 2023-06-30 03576707 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03576707 d:OfficeEquipment 2023-07-01 2024-06-30 03576707 d:OfficeEquipment 2024-06-30 03576707 d:OfficeEquipment 2023-06-30 03576707 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03576707 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03576707 d:CurrentFinancialInstruments 2024-06-30 03576707 d:CurrentFinancialInstruments 2023-06-30 03576707 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 03576707 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 03576707 d:ShareCapital 2024-06-30 03576707 d:ShareCapital 2023-06-30 03576707 d:RetainedEarningsAccumulatedLosses 2024-06-30 03576707 d:RetainedEarningsAccumulatedLosses 2023-06-30 03576707 c:FRS102 2023-07-01 2024-06-30 03576707 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 03576707 c:FullAccounts 2023-07-01 2024-06-30 03576707 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 03576707 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Company registration number: 03576707







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2024


FUTURE VALUE CONSULTANTS LIMITED






































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FUTURE VALUE CONSULTANTS LIMITED
 


 
COMPANY INFORMATION


Director
T M Mortimer 




Company secretary
A R Pal-Mortimer



Registered number
03576707



Registered office
Magna House
18-32 London Road

Staines-Upon-Thames

TW18 4BP




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


FUTURE VALUE CONSULTANTS LIMITED
 



CONTENTS



Page
Statement of financial position
1
Notes to the financial statements
2 - 4


 


FUTURE VALUE CONSULTANTS LIMITED
REGISTERED NUMBER:03576707



STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
378
504

  
378
504

Current assets
  

Debtors: amounts falling due within one year
 5 
326,724
281,291

Cash at bank and in hand
  
1,090,598
816,175

  
1,417,322
1,097,466

Creditors: amounts falling due within one year
 6 
(191,186)
(189,467)

Net current assets
  
 
 
1,226,136
 
 
907,999

Total assets less current liabilities
  
1,226,514
908,503

  

Net assets
  
1,226,514
908,503


Capital and reserves
  

Called up share capital 
  
55,000
55,000

Profit and loss account
  
1,171,514
853,503

  
1,226,514
908,503


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

T M Mortimer
Director
Date: 20 March 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 


FUTURE VALUE CONSULTANTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Future Value Consultants Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is given on the company information page and the trading address is 151 Sheen Lane, East Sheen, SW14 8LR.
The Company’s functional and presentational currency is GBP.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

  
2.2

Turnover

Turnover comprises revenue gained through the provision of consultancy work in relation to research and analytics and is recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the company in independently administered funds.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Page 2

 


FUTURE VALUE CONSULTANTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25% reducing balance
Office equipment
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 6).

Page 3

 


FUTURE VALUE CONSULTANTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 July 2023
8,762
555
9,317



At 30 June 2024

8,762
555
9,317



Depreciation


At 1 July 2023
8,589
224
8,813


Charge for the year on owned assets
43
83
126



At 30 June 2024

8,632
307
8,939



Net book value



At 30 June 2024
130
248
378



At 30 June 2023
173
331
504


5.


Debtors

2024
2023
£
£


Trade debtors
109,590
155,184

Other debtors
168
-

Prepayments and accrued income
216,966
126,107

326,724
281,291



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
4,089
3,920

Corporation tax
96,150
103,390

Other taxation and social security
81,355
74,349

Other creditors
4,362
1,298

Accruals and deferred income
5,230
6,510

191,186
189,467


 
Page 4