Registration number: 06767167

Future Planned Relocation Services Ltd

(Registration number: 06767167)
Statement of Financial Position
31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	5	8,125	11,835
Investment property	6	682,307	682,307
		690,432	694,142
Current assets
Stocks	7	1,862,952	1,088,395
Debtors	8	564,196	480,356
Cash at bank and in hand		1,024,770	1,516,899
		3,451,918	3,085,650
Creditors: Amounts falling due within one year	9	(1,434,535)	(1,123,097)
Net current assets		2,017,383	1,962,553
Total assets less current liabilities		2,707,815	2,656,695
Creditors: Amounts falling due after more than one year	9	(67,377)	(30,093)
Provisions for liabilities		(68)	(68)
Net assets		2,640,370	2,626,534
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		2,639,370	2,625,534
Shareholders' funds		2,640,370	2,626,534

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Future Planned Relocation Services Ltd

(Registration number: 06767167)
Statement of Financial Position
31 December 2024 (continued)

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

......................................... C Djevdet Director

......................................... J Rolande Director

Future Planned Relocation Services Ltd

Notes to the Unaudited Financial Statements
for the year ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Wiston House
1 Wiston Avenue
Worthing
West Sussex
BN14 7QL
United Kingdom

These financial statements were authorised for issue by the Board on 30 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Future Planned Relocation Services Ltd

Notes to the Unaudited Financial Statements
for the year ended 31 December 2024 (continued)

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Future Planned Relocation Services Ltd

Notes to the Unaudited Financial Statements
for the year ended 31 December 2024 (continued)

Asset class	Depreciation method and rate
Fixtures and fittings	15% reducing balance
Office equipment	over 5 years
Computer equipment	over 2 years

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Future Planned Relocation Services Ltd

Notes to the Unaudited Financial Statements
for the year ended 31 December 2024 (continued)

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 21 (2023 - 20).

Future Planned Relocation Services Ltd

Notes to the Unaudited Financial Statements
for the year ended 31 December 2024 (continued)

4	Profit before tax

Arrived at after charging/(crediting)

	2024 £	2023 £
Depreciation expense	4,803	5,888

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2024	12,610	58,638	558	71,806
Additions	-	1,094	-	1,094
At 31 December 2024	12,610	59,732	558	72,900
Depreciation
At 1 January 2024	6,989	52,512	470	59,971
Charge for the year	2,522	2,196	86	4,804
At 31 December 2024	9,511	54,708	556	64,775
Carrying amount
At 31 December 2024	3,099	5,024	2	8,125
At 31 December 2023	5,621	6,126	88	11,835

Included within the net book value of land and buildings above is £3,099 (2023 - £5,621) in respect of short leasehold land and buildings.
 

6	Investment properties

	2024 £
At 1 January	682,307
At 31 December	682,307

Future Planned Relocation Services Ltd

Notes to the Unaudited Financial Statements
for the year ended 31 December 2024 (continued)

7

Stocks

	2024 £	2023 £
Other inventories	1,862,952	1,088,395

Future Planned Relocation Services Ltd

Notes to the Unaudited Financial Statements
for the year ended 31 December 2024 (continued)

8

debtors

Current	Note	2024 £	2023 £
Amounts owed by related parties		404,058	-
Prepayments		4,668	3,674
Other debtors		155,470	476,682
		564,196	480,356

9

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings		5,555	5,556
Trade creditors		62,464	49,883
Taxation and social security		38,079	33,774
Accruals and deferred income		27,273	2,062
Other creditors		1,301,164	1,031,822
		1,434,535	1,123,097

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings		24,537	30,093
Other non-current financial liabilities		42,840	-
		67,377	30,093

10	Parent and ultimate parent undertaking

The company's immediate parent is Future Planned Group Holdings Ltd, incorporated in England and Wales.