Company Registration No. SC181954 (Scotland)
Futura Investments Limited
Unaudited accounts
for the year ended 31 December 2024
Futura Investments Limited
Unaudited accounts
Contents
Futura Investments Limited
Company Information
for the year ended 31 December 2024
Directors
Paul Shanahan
Paul Vavangus
Company Number
SC181954 (Scotland)
Registered Office
12 Carden Place
Aberdeen
AB10 1UR
Futura Investments Limited
Statement of financial position
as at 31 December 2024
Tangible assets
2,764
4,988
Cash at bank and in hand
81,598
94,596
Creditors: amounts falling due within one year
(63,363)
(71,345)
Net current assets
94,031
129,645
Called up share capital
15,000
15,000
Profit and loss account
81,795
119,633
Shareholders' funds
96,795
134,633
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 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 of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by
Paul Shanahan
Director
Company Registration No. SC181954
Futura Investments Limited
Notes to the Accounts
for the year ended 31 December 2024
Futura Investments Limited is a private company, limited by shares, registered in Scotland, registration number SC181954. The registered office is 12 Carden Place, Aberdeen, AB10 1UR.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
25% straight line
Fixtures & fittings
20% straight line
Computer equipment
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
At 31 December 2024
210,000
At 31 December 2024
210,000
Futura Investments Limited
Notes to the Accounts
for the year ended 31 December 2024
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
16,507
2,250
23,185
41,942
At 31 December 2024
16,507
2,250
23,420
42,177
At 1 January 2024
15,205
2,014
19,735
36,954
Charge for the year
1,302
236
921
2,459
At 31 December 2024
16,507
2,250
20,656
39,413
At 31 December 2024
-
-
2,764
2,764
At 31 December 2023
1,302
236
3,450
4,988
Amounts falling due within one year
Trade debtors
21,565
60,321
Accrued income and prepayments
38,878
38,579
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
10,010
14,976
Taxes and social security
129,706
117,558
Other creditors
11,125
2,827
Loans from directors
(87,478)
(64,016)
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Average number of employees
During the year the average number of employees was 9 (2023: 9).