FUTURE DISCOVERY LTD - Filleted accounts

FUTURE DISCOVERY LTD
Registered number:		10061718
Balance Sheet
as at 31 March 2025

Notes			2025
£
Fixed assets
Tangible assets	3		927

Current assets
Debtors	4	17,816
Cash at bank and in hand		9,809
		27,625

Creditors: amounts falling due within one year	5	(3,310)

Net current assets			24,315

Net assets			25,242

Capital and reserves
Called up share capital			100
Profit and loss account			25,142

Shareholders' funds			25,242

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




O. Ogunbiyi
Director
Approved by the board on 3 October 2025

FUTURE DISCOVERY LTD
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years


2	Employees		2025
Number

	Average number of persons employed by the company		1


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	Additions			1,159
	At 31 March 2025			1,159

	Depreciation
	Charge for the year			232
	At 31 March 2025			232

	Net book value
	At 31 March 2025			927


4	Debtors		2025
£

	Other debtors		17,816


5	Creditors: amounts falling due within one year		2025
£

	Taxation and social security costs		2,685
	Other creditors		625
			3,310


6	Other information

	FUTURE DISCOVERY LTD is a private company limited by shares and incorporated in England. Its registered office is:
	28 Victoria Road
	Chatham
	Kent
	ME4 5EY