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REGISTERED NUMBER: 12147228 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Future Connections UK Solutions Limited

Future Connections UK Solutions Limited (Registered number: 12147228)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Future Connections UK Solutions Limited

Company Information
for the Year Ended 31 December 2024







Director: A Medina Giron





Registered office: 52 Grosvenor Gardens,
London
SW1W 0AU





Registered number: 12147228 (England and Wales)





Accountants: Benjamin Taylor Diner Limited
120 New Cavendish Street,
London
W1W 6XX

Future Connections UK Solutions Limited (Registered number: 12147228)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
Fixed assets
Tangible assets 4 278 642

Current assets
Debtors 5 70,171 1,703
Cash at bank 9,922 5,462
80,093 7,165
Creditors
Amounts falling due within one year 6 (38,698 ) (35,229 )
Net current assets/(liabilities) 41,395 (28,064 )
Total assets less current liabilities 41,673 (27,422 )

Capital and reserves
Called up share capital 7 100 100
Retained earnings 8 41,573 (27,522 )
Shareholders' funds 41,673 (27,422 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 19 May 2025 and were signed by:





A Medina Giron - Director


Future Connections UK Solutions Limited (Registered number: 12147228)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. Statutory information

The Company is a private company limited by shares, incorporated in England and Wales. Its registered office is 52 Grosvenor Gardens, London, England, SW1W 0AU

The company's principal business activity is that of ICT Services and Solutions.

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 financial statements are presented in Sterling (£).

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 cost

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
After making enquiries the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason he continues to adopt the going concern basis in preparing the financial statements.

Future Connections UK Solutions Limited (Registered number: 12147228)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


3. Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

4. Tangible fixed assets
Computer
equipment
£   
Cost
At 1 January 2024
and 31 December 2024 1,455
Depreciation
At 1 January 2024 813
Charge for year 364
At 31 December 2024 1,177
Net book value
At 31 December 2024 278
At 31 December 2023 642

5. Debtors: amounts falling due within one year
31.12.24 31.12.23
£    £   
Trade debtors 68,937 -
Other debtors 1,234 1,703
70,171 1,703

6. Creditors: amounts falling due within one year
31.12.24 31.12.23
£    £   
Trade creditors 576 400
Amounts owed to group undertakings 5,175 5,175
Taxation and social security 20,342 7,794
Other creditors 12,605 21,860
38,698 35,229

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1 shares £1 100 100

Called-up share capital represents the nominal value of shares that have been issued.

Future Connections UK Solutions Limited (Registered number: 12147228)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


8. Reserves
Retained
earnings
£   

At 1 January 2024 (27,522 )
Profit for the year 69,095
At 31 December 2024 41,573

The retained earnings reserve records retained earnings and accumulated losses.

9. Related party disclosures

Future Connections Holdings B.V.

During the year the company had the following loan with its parent company Future Connections Holdings B.V.
31.12.2431.12.23
££
Monies owed to Future Connections Holdings B.V. brought forward5,1755,175
Monies advanced to Future Connections UK Solutions Limited--
Monies owed to Future Connections Holdings B.V carried forward5,1755,175

The above loan is unsecured, interest free and repayable on demand.

During the year the company supplied Future Connections Holdings B.V. with technical support services amounting to £223,339.57 (2023: £234,000). Included in trade debtors at the year end was £10,000 (2023: £Nil) owed to the company by Future Connections Holdings B.V. in respect to these services.

Future Connections Technologies B.V.

During the year the company supplied Future Connections Technologies B.V. with technical support services amounting to £91,994.05 (2023: £Nil). Included in trade debtors at the year end was £68,936.73 (2023: £Nil) owed to the company by Future Connections Technologies B.V. in respect to these services.

10. Ultimate controlling party

The company was under the control of Future Connections Holdings BV, a company incorporated in the Netherlands throughout the period, by virtue of its 100% ownership of the issued share capital in the company.