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REGISTERED NUMBER: 02280264 (England and Wales)















Financial Statements for the Year Ended 31 March 2025

for

Futuredeed Property Management Limited

Futuredeed Property Management Limited (Registered number: 02280264)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Futuredeed Property Management Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Miss G Hicks
J E S Hewetson
F S Andrews
P J Bassett





SECRETARY: Miss G Hicks





REGISTERED OFFICE: 238 Station Road
Addlestone
Surrey
KT15 2PS





REGISTERED NUMBER: 02280264 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

Futuredeed Property Management Limited (Registered number: 02280264)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 22,027 22,037

CURRENT ASSETS
Debtors 5 70 170
Cash at bank 20,898 20,846
20,968 21,016
CREDITORS
Amounts falling due within one year 6 (1,096 ) (1,716 )
NET CURRENT ASSETS 19,872 19,300
TOTAL ASSETS LESS CURRENT LIABILITIES 41,899 41,337

CAPITAL AND RESERVES
Called up share capital 130 130
Retained earnings 41,769 41,207
SHAREHOLDERS' FUNDS 41,899 41,337

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 19 May 2025 and were signed on its behalf by:





J E S Hewetson - Director


Futuredeed Property Management Limited (Registered number: 02280264)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Futuredeed Property Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Revenue
Revenue represents subscriptions receivable during the year in respect of maintenance charges. Revenue is recognised evenly over the term of the subscription.

Tangible fixed assets
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Plant and machinery - 25% on reducing balance

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the income statement.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

Futuredeed Property Management Limited (Registered number: 02280264)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


4. PROPERTY, PLANT AND EQUIPMENT
Freehold Plant and
property machinery Totals
£    £    £   
COST OR VALUATION
At 1 April 2024
and 31 March 2025 22,000 4,936 26,936
DEPRECIATION
At 1 April 2024 - 4,899 4,899
Charge for year - 10 10
At 31 March 2025 - 4,909 4,909
NET BOOK VALUE
At 31 March 2025 22,000 27 22,027
At 31 March 2024 22,000 37 22,037

Cost or valuation at 31 March 2025 is represented by:

Freehold Plant and
property machinery Totals
£    £    £   
Valuation in 2018 8,050 - 8,050
Valuation in 2022 7,000 - 7,000
Cost 6,950 4,936 11,886
22,000 4,936 26,936

If freehold properties had not been revalued they would have been included at the following historical cost:

31.3.25 31.3.24
£    £   
Cost 6,950 6,950

Freehold properties were valued on an open market basis on 31 March 2022 by Mr J Hewetson MRICS .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Unpaid contributions from residents 70 170

Futuredeed Property Management Limited (Registered number: 02280264)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Tax 27 26
Deferred income - 400
Accrued expenses 1,069 1,290
1,096 1,716

7. NON-REALISED RETAINED PROFITS

At the year end, total retained earnings of £41,769 includes non-distributable profits of £23,100.