Registration number: 05688605

FTUK Computers Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

FTUK Computers Limited

(Registration number: 05688605)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	9,428	17,073
Current assets
Debtors	5	2,337	6,532
Cash at bank and in hand		19,017	-
		21,354	6,532
Creditors: Amounts falling due within one year	6	(49,814)	(42,444)
Net current liabilities		(28,460)	(35,912)
Total assets less current liabilities		(19,032)	(18,839)
Creditors: Amounts falling due after more than one year	6	(15,208)	(21,799)
Net liabilities		(34,240)	(40,638)
Capital and reserves
Called up share capital		4	4
Retained earnings		(34,244)	(40,642)
Shareholders' deficit		(34,240)	(40,638)

For the financial year ending 31 January 2025 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.

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:
 

......................................... Mr A M Fisher Director

FTUK Computers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

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:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
England

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.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. The company meets its day to day working capital requirements through funds provided by the directors. The directors consider that these facilities will continue to be made available to the company. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments which would result if the going concern basis were not appropriate.

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.

FTUK Computers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tax

The tax expense for the period comprises current 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 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.

Tangible assets

Tangible assets are stated in the balance sheet 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:

Asset class	Depreciation method and rate
Furniture, fittings and equipment	33% straight line and 25% reducing balance

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

FTUK Computers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 February 2024	119,236	119,236
Additions	72	72
At 31 January 2025	119,308	119,308
Depreciation
At 1 February 2024	102,163	102,163
Charge for the year	7,717	7,717
At 31 January 2025	109,880	109,880
Carrying amount
At 31 January 2025	9,428	9,428
At 31 January 2024	17,073	17,073

5

Debtors

Current	2025 £	2024 £
Prepayments	78	133
Other debtors	2,259	6,399
	2,337	6,532

FTUK Computers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Bank loans and overdrafts	10,000	10,099
Trade creditors	553	-
Taxation and social security	9,945	29,767
Other creditors	29,316	2,578
	49,814	42,444
Due after one year
Loans and borrowings	15,208	21,799