FUTUREPOINT ENVIRONMENTAL LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC411594

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,336		1,082

			1,336		1,082
CURRENT ASSETS
Debtors	5	2,283		378
Cash at bank and in hand		3,142		5,334

		5,425		5,712
Creditors: Amounts Falling Due Within One Year	6	(360 )		(960 )

NET CURRENT ASSETS (LIABILITIES)			5,065		4,752

TOTAL ASSETS LESS CURRENT LIABILITIES			6,401		5,834

NET ASSETS ATTRIBUTABLE TO MEMBERS			6,401		5,834

REPRESENTED BY:
Loans and other debts due to members
Members' capital classified as a liability		(49,581)		(49,581)
Other amounts		80,600		37,116

			31,019		(12,465)

Equity
Members' other interests
Members' capital		(74,119)		(31,202)
Members' capital classified as equity		49,501		49,501

			(24,618)		18,299

			6,401		5,834

TOTAL MEMBERS' INTEREST
Loans and other debts due to members			31,019		(12,465)
Members' other interests			(24,618)		18,299

			6,401		5,834

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FUTUREPOINT ENVIRONMENTAL LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

S Thorne

Designated Member

03/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

FUTUREPOINT ENVIRONMENTAL LLP is a limited liability partnership, incorporated in England & Wales, registered number OC411594 . The Registered Office is 77 Greenacres, Bath, Somerset, BA1 4NR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	over 5 years
Computer Equipment	20% Straight Line

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Members' renumeration

Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.

Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other amounts'.

2.6. Taxation

Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.

2.7. Member's capital

Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)

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FUTUREPOINT ENVIRONMENTAL LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	1,089	2,637	3,726
Additions	-	878	878
Disposals	(749 )	-	(749 )

As at 31 March 2025	340	3,515	3,855

Depreciation
As at 1 April 2024	1,010	1,634	2,644
Provided during the period	-	545	545
Disposals	(670 )	-	(670 )

As at 31 March 2025	340	2,179	2,519

Net Book Value
As at 31 March 2025	-	1,336	1,336

As at 1 April 2024	79	1,003	1,082

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,892	-
Other debtors	391	378

	2,283	378

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	360	960

7. Loans and other due to members

Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up. The balance at the year end was £12,465 (2023; £20,359).

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