07081534falsethe provision of engineering consultancy services2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:SharePremium2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-12-31http://www.companieshouse.gov.uk/pt:SharePremium2024-12-31http://www.companieshouse.gov.uk/cd:Director32024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-12-31http://www.companieshouse.gov.uk/cd:Director42024-01-012024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-01-012024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32024-01-012024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass42024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07081534

FUTURESERV LTD

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024

Prepared By:
Brody Lee Kershaw Ltd
Chartered Accountants
Suite 2 1st Floor Metropolitan House
Station Road
Cheadle Hulme
Cheshire
SK8 7AZ

FUTURESERV LTD

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
Craig Paul CLEARY
David Joseph CLEARY
David Steven ORSLER
Michael TRAVIS
REGISTERED OFFICE
10 Oxford Court
Manchester
M2 3WQ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07081534
ACCOUNTANTS
Brody Lee Kershaw Ltd
Chartered Accountants
Suite 2 1st Floor Metropolitan House
Station Road
Cheadle Hulme
Cheshire
SK8 7AZ

FUTURESERV LTD

ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

FUTURESERV LTD

BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Tangible assets335,15743,586
CURRENT ASSETS
Debtors42,594,4272,024,624
Cash at bank and in hand1,725,8791,628,401
4,320,3063,653,025
CREDITORS: Amounts falling due within one year51,110,0991,487,726
NET CURRENT ASSETS3,210,2072,165,299
TOTAL ASSETS LESS CURRENT LIABILITIES3,245,3642,208,885
CREDITORS: Amounts falling due after more than one year6-426,004
PROVISIONS FOR LIABILITIES AND CHARGES7347,993129,310
NET ASSETS2,897,3711,653,571
CAPITAL AND RESERVES
Called up share capital8112100
Share premium account978,780-
Profit and loss account2,818,4791,653,471
SHAREHOLDERS' FUNDS2,897,3711,653,571
For the year ending 31/12/2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 11/06/2025 and signed on their behalf by
.............................
Craig Paul CLEARY
Director

FUTURESERV LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittings 25%
Equipment 50%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1d. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1e.
1f. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 including section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2. EMPLOYEES
20242023
No.No.
Average number of employees6053
3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentTotal
£££
Cost
At 01/01/202443,732193,930237,662
Additions-11,19811,198
At 31/12/202443,732205,128248,860
Depreciation
At 01/01/202427,330166,746194,076
For the year4,10115,52619,627
At 31/12/202431,431182,272213,703
Net Book Amounts
At 31/12/202412,30122,85635,157
At 31/12/202316,40227,18443,586

FUTURESERV LTD

4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors2,474,8851,998,280
Other debtors4,0233,643
Prepayments40,68222,701
Directors current account74,837-
2,594,4272,024,624
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax134,394195,021
VAT729,082536,788
PAYE control83,18393,774
Directors current account-4,234
Bank Loan-537,576
Credit card3,1756,309
Trade creditors118,86886,193
Other creditors12,8089,575
Accruals28,58918,256
1,110,0991,487,726
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr-426,004
-426,004
7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation5,4103,648
Bad Debts342,583125,662
347,993129,310

FUTURESERV LTD

8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
7600 Class A Ordinary shares of £0.01 each76.00100
2400 Class B ordinary shares of £0.01 each2424
588 Class C Ordinary shares of £0.01 each5.88
588 Class D Ordinary shares of £0.01 each5.88
112100
New shares issued during period:
588 Class C Ordinary shares of £0.01 each5.88
588 Class D Ordinary shares of £0.01 each5.88
12-
9. SHARE PREMIUM ACCOUNT 20242023
££
Share premium account78,780-
10. CONTROLLING PARTY
The company is controlled by the trustees of Futureserv EOT Ltd.
11. RELATED PARTY TRANSACTIONS
At the balance sheet date the directors owed a total of £74837 to the company. (2023 £4243 owed to the directors by the company)
12. MOVEMENT IN SHAREHOLDERS' FUND2024
£
Shareholders' funds at 1 January 20241,653,571
Profit after taxation1,627,602
Dividends paid(276,650)
Payments to Futureserv EOT Ltd (185,944)
Allotment of C&D ordinary shares12
Share premium account78,780
2,897,371
13. DEFERRED TAXATION 20242023
££
Provision at the start of the period(3,648)-
Deferred tax charge in profit and loss account due to:
Deferred taxation(1,762)(3,648)
Provision at the end of the period(5,410)(3,648)

FUTURESERV LTD

14. COMMITMENTS UNDER OPERATING LEASES 20242023
££
Not later than one year210,656107,914
Later than one year and not later than five years501,126256,321
Later then five years158,334191,667
870,116555,902