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Company Registration No. 09175408 (England and Wales)
Future Ready Homes Ltd. Unaudited accounts for the year ended 31 March 2025
Future Ready Homes Ltd. Unaudited accounts Contents
Page
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Future Ready Homes Ltd. Company Information for the year ended 31 March 2025
Director
Mr S P Buddle
Company Number
09175408 (England and Wales)
Registered Office
26 Windermere Road London N10 2RE
Accountants
Eaton Square Advisory Ltd 152 Coles Green Road London NW2 7HD
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Future Ready Homes Ltd. Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,520 
4,692 
Current assets
Inventories
7,862 
10,485 
Debtors
27,546 
35,744 
Cash at bank and in hand
172,322 
164,548 
207,730 
210,777 
Creditors: amounts falling due within one year
(68,093)
(74,221)
Net current assets
139,637 
136,556 
Total assets less current liabilities
146,157 
141,248 
Provisions for liabilities
Deferred tax
(1,630)
(955)
Net assets
144,527 
140,293 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
144,427 
140,193 
Shareholders' funds
144,527 
140,293 
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 12 August 2025 and were signed on its behalf by
Mr S P Buddle Director Company Registration No. 09175408
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Future Ready Homes Ltd. Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Future Ready Homes Ltd. is a private company, limited by shares, registered in England and Wales, registration number 09175408. The registered office is 26 Windermere Road, London, N10 2RE.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts 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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
33% straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Future Ready Homes Ltd. Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2024
23,576 
Additions
5,542 
At 31 March 2025
29,118 
Depreciation
At 1 April 2024
18,884 
Charge for the year
3,714 
At 31 March 2025
22,598 
Net book value
At 31 March 2025
6,520 
At 31 March 2024
4,692 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
24,321 
32,938 
Accrued income and prepayments
3,225 
2,806 
27,546 
35,744 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
2,876 
7,138 
Trade creditors
2,997 
3,177 
Taxes and social security
13,090 
16,802 
Loans from directors
47,380 
45,354 
Accruals
1,750 
1,750 
68,093 
74,221 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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