Company Registration No. 04020816 (England and Wales)
FUTUREBILITY LIMITED
Unaudited accounts
for the year ended 31 March 2025
FUTUREBILITY LIMITED
Unaudited accounts
Contents
FUTUREBILITY LIMITED
Company Information
for the year ended 31 March 2025
Director
Daniel Timothy WISE
Company Number
04020816 (England and Wales)
Registered Office
36 DALMENY ROAD
NEW BARNET
BARNET
EN5 1DE
ENGLAND
Accountants
HG Accountants Ltd
Trading as On The Spot
Enfield
Middlesex
EN3 6XJ
FUTUREBILITY LIMITED
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
6,283
14,426
Creditors: amounts falling due within one year
(11,998)
(14,762)
Net current liabilities
(315)
(153)
Called up share capital
100
100
Profit and loss account
22
624
Shareholders' funds
122
724
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 June 2025 and were signed on its behalf by
Daniel Timothy WISE
Director
Company Registration No. 04020816
FUTUREBILITY LIMITED
Notes to the Accounts
for the year ended 31 March 2025
FUTUREBILITY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04020816. The registered office is 36 DALMENY ROAD, NEW BARNET, BARNET, EN5 1DE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
25% Straight Line Basis
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
391
2,117
2,508
At 31 March 2025
391
2,117
2,508
At 1 April 2024
391
1,240
1,631
Charge for the year
-
440
440
At 31 March 2025
391
1,680
2,071
At 31 March 2025
-
437
437
At 31 March 2024
-
877
877
Amounts falling due within one year
FUTUREBILITY LIMITED
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
7,487
8,869
Loans from directors
(993)
-
Loans from directors was overdrawn by £993. This was repaid in full on the 12th of June 2026.
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).