| REGISTERED NUMBER: |
| FUTURE PROCESSING UK LIMITED |
| FINANCIAL STATEMENTS FOR THE PERIOD 23 NOVEMBER 2023 TO 31 DECEMBER 2024 |
| REGISTERED NUMBER: |
| FUTURE PROCESSING UK LIMITED |
| FINANCIAL STATEMENTS FOR THE PERIOD 23 NOVEMBER 2023 TO 31 DECEMBER 2024 |
| FUTURE PROCESSING UK LIMITED (REGISTERED NUMBER: 15305831) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 23 NOVEMBER 2023 TO 31 DECEMBER 2024 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| FUTURE PROCESSING UK LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 23 NOVEMBER 2023 TO 31 DECEMBER 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Statutory Auditors |
| Chartered Accountants |
| Fryern House |
| 125 Winchester Road |
| Chandlers Ford |
| Hampshire |
| SO53 2DR |
| FUTURE PROCESSING UK LIMITED (REGISTERED NUMBER: 15305831) |
| STATEMENT OF FINANCIAL POSITION |
| 31 DECEMBER 2024 |
| Notes | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| FUTURE PROCESSING UK LIMITED (REGISTERED NUMBER: 15305831) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 23 NOVEMBER 2023 TO 31 DECEMBER 2024 |
| 1. | STATUTORY INFORMATION |
| Future Processing UK Limited was incorporated on 23 November 2023 under the Companies Act 2006, as a private limited company and is registered in England and Wales. The principal activity of Future Processing UK Limited is that of Information technology consultancy activities The address of its head office and registered office is 70 Gracechurch Street, London, United Kingdom, EC3V 0HR. |
| 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 presentation currency of the financial statements is the Pound Sterling (£). |
| Going concern |
| The financial statements have been prepared on the going concern basis. |
| Significant judgements and estimates |
| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date, and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. |
| The directors do not consider there to be any significant judgements or estimates. |
| Turnover |
| Turnover is derived from providing information technology services and is recognised once the service has been provided. |
| Turnover represents net sales during the period (excluding valued added tax) adjusted for accrued and deferred income where applicable. |
| Taxation |
| Taxation for the period 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 tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the statement of financial position date. |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Financial instruments |
| The company only has financial assets and liabilities of the kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and debt instruments are subsequently measured at amortised cost. |
| FUTURE PROCESSING UK LIMITED (REGISTERED NUMBER: 15305831) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 23 NOVEMBER 2023 TO 31 DECEMBER 2024 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL. |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Other taxes |
| VAT | 60,874 |
| Other creditors |
| Accruals and deferred income |
| 6. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 7. | RELATED PARTY DISCLOSURES |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| P Blowers is a director and shareholder in, Hurst (UK) Limited. During the period Hurst (UK) Limited made purchases on behalf of Future Processing UK Limited totalling £7,051. The balance owing to Hurst (UK) Limited at the end of the period was £100, and is included within other creditors. |
| 8. | ULTIMATE PARENT COMPANY AND ULTIMATE CONTROLLING PARTY |
| The immediate and ultimate parent company is Future Processing S.A, a company registered in Poland. |
| The directors do not consider there to be any one individual ultimate controlling party. |