The Future Leaders Group Limited

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

Registered number: 13814879

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	21,489		19,211
Cash at bank and in hand		87,400		43,476

		108,889		62,687
Creditors: Amounts Falling Due Within One Year	5	(99,589 )		(54,537 )

NET CURRENT ASSETS (LIABILITIES)			9,300		8,150

TOTAL ASSETS LESS CURRENT LIABILITIES			9,300		8,150

NET ASSETS			9,300		8,150

CAPITAL AND RESERVES
Called up share capital	6		500		500
Other reserves			11,412		11,412
Profit and Loss Account			(2,612 )		(3,762 )

SHAREHOLDERS' FUNDS			9,300		8,150

For the year ending 31 December 2024 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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Peter O'Kane

Director

22/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

The Future Leaders Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13814879 . The registered office is 1 Birdcage Walk, London, SW1H 9JJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

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:

Freehold	5 years
Leasehold	5 years
Plant & Machinery	5 years
Motor Vehicles	5 years
Fixtures & Fittings	5 years
Computer Equipment	5 years

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2023: 4)

4. Debtors

	2024	2023
	£	£
Due within one year
Amounts owed by participating interests	4,000	11,412
Other debtors	17,489	7,799

	21,489	19,211

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	99,589	54,537

Post year-end notes:

*£5k of Deferred Income relates to fees paid as partly payment which relate to the 2025 cohort;

*£94k of Accruals are recognised in 2024 to reflect costs of delivering the 2024 cohort which were paid in 2025.

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The Future Leaders Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	500	500

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