REGISTERED NUMBER: 04424558 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Futurity Media Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S BAINES

REGISTERED OFFICE:

130 Bournemouth Road

Chandler's Ford

Eastleigh

Hampshire

SO53 3AL

REGISTERED NUMBER:

04424558 (England and Wales)

ACCOUNTANTS:

CBM Accountants Limited

130 Bournemouth Road

Chandler's Ford

Eastleigh

Hampshire

SO53 3AL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

3,889

4,936

3,889

4,936

CURRENT ASSETS

Stocks

500

14,100

Debtors

6

47,262

94,695

Cash at bank and in hand

59,388

97,628

107,150

206,423

CREDITORS

Amounts falling due within one year

7

106,640

159,895

NET CURRENT ASSETS

510

46,528

TOTAL ASSETS LESS CURRENT LIABILITIES

4,399

51,464

CREDITORS

Amounts falling due after more than one year

8

(2,236

)

(12,439

)

PROVISIONS FOR LIABILITIES

(972

)

(1,260

)

NET ASSETS

1,191

37,765

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

191

36,765

SHAREHOLDERS' FUNDS

1,191

37,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 November 2025 and were signed by:

S BAINES - Director

1.	STATUTORY INFORMATION

Futurity Media Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

25,000

AMORTISATION

At 1 April 2024

and 31 March 2025

25,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

22,819

11,315

34,134

DEPRECIATION

At 1 April 2024

18,243

10,955

29,198

Charge for year

687

360

1,047

At 31 March 2025

18,930

11,315

30,245

NET BOOK VALUE

At 31 March 2025

3,889

-

3,889

At 31 March 2024

4,576

360

4,936

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

27,163

79,237

Other debtors

20,099

15,458

47,262

94,695

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,866

11,660

Trade creditors

2,212

11,176

Taxation and social security

39,265

87,904

Other creditors

54,297

49,155

106,640

159,895

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,236

12,439

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

A PLEWES

Balance outstanding at start of year

7,552

10,000

Amounts advanced

27,044

-

Amounts repaid

(24,596

)

(2,448

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,000

7,552

S BAINES

Balance outstanding at start of year

7,808

10,000

Amounts advanced

25,153

-

Amounts repaid

(22,961

)

(2,192

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,000

7,808