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Registration number: 07224723

Future House Capital Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 30 April 2025

Future House Capital Ltd

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 9

Future House Capital Ltd

(Registration number: 07224723)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 47,910 | 85,061
Investment property | 5 | 3,100,000 | 3,100,000
|  | 3,147,910 | 3,185,061
Current assets |  |  |
Debtors | 6 | 6,915 | 8,283
Cash at bank and in hand |  | 26,094 | 32,162
|  | 33,009 | 40,445
Creditors: Amounts falling due within one year | 7 | (2,055,459) | (1,866,549)
Net current liabilities |  | (2,022,450) | (1,826,104)
Total assets less current liabilities |  | 1,125,460 | 1,358,957
Creditors: Amounts falling due after more than one year | 7 | (910,386) | (1,178,931)
Provisions for liabilities |  | (60,778) | (52,005)
Net assets |  | 154,296 | 128,021
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | 154,295 | 128,020
Shareholders' funds |  | 154,296 | 128,021

Future House Capital Ltd

(Registration number: 07224723)
Balance Sheet as at 30 April 2025

For the financial year ending 30 April 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 10 November 2025 and signed on its behalf by:

Mr SM Attia Director |  |

Future House Capital Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 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:
Flat 1
34 Rivers Street
Bath
BA1 2QB

These financial statements were authorised for issue by the Board on 10 November 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.

The financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

The company's statement of financial position as at 30 April 2025 shows a net current liabilities position of £2,022,450 (2024 - net current liabilities of £1,826,104). This gives rise to uncertainty in relation to the company's future activity, however the directors will continue to monitor the company with paying its debts as and when due, should it be required, therefore the directors believe it is appropriate to prepare the financial statements on a going concern basis.

Future House Capital Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Revenue recognition

Revenue comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Revenue is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue from the provision of services in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
a) the amount of revenue can be reliably measured;
b) it is probable that future economic benefit will flow to the company;
c) the stage of completion of the contract at the end of the reporting period can be reliably measured; and
d) the costs incurred and the costs to complete the contract can be reliably measured.

Tax

The tax expense for the period comprises 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 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.

Future House Capital Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

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
Office equipment | 25% straight line
Fixtures and fittings | 25% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. The directors 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.

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.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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 House Capital Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year was 2 (2024 - 1).

Future House Capital Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4 | Tangible assets

| Fixtures and fittings £ | Office equipment £ | Total £
Cost or valuation
At 1 May 2024 | 172,715 | 137 | 172,852
Additions | 7,057 | 612 | 7,669
At 30 April 2025 | 179,772 | 749 | 180,521
Depreciation
At 1 May 2024 | 87,689 | 102 | 87,791
Charge for the year | 44,658 | 162 | 44,820
At 30 April 2025 | 132,347 | 264 | 132,611
Carrying amount
At 30 April 2025 | 47,425 | 485 | 47,910
At 30 April 2024 | 85,026 | 35 | 85,061

5 | Investment properties

| 2025 £
B/Fwd | 3,100,000
At 30 April | 3,100,000

Included within total investment properties of £3,100,000 are five investment properties valued by the directors at £3,100,000. There has been no revaluation of the investment properties in the accounting period as the directors consider the valuation to be reflective of the current open market valuation.

6 | Debtors

| 2025 £ | 2024 £
Trade debtors | 487 | -
Other debtors | 150 | -
Prepayments | 6,278 | 8,283
| 6,915 | 8,283

Future House Capital Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

7 | Creditors

Due within one year | Note | 2025 £ | 2024 £
Trade creditors |  | 1,421 | 2,970
Amounts due to related parties | 9 | 2,026,601 | 1,841,314
Social security and other taxes |  | 14,833 | -
Other creditors |  | - | 1,875
Accruals |  | 3,500 | 15,140
Deferred income |  | 9,104 | 5,250
|  | 2,055,459 | 1,866,549
Due after one year |  |  |
Loans and borrowings | 8 | 910,386 | 1,178,931

Creditors include bank loans not repayable by instalments of £910,386 (2024 - £1,178,931) due after more than five years.

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 910,386 | 1,178,931

Bank borrowings

The borrowings are secured by way of a charge and negative pledge on each of the properties held in the company.

Future House Capital Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

9 | Related party transactions

Loans from related parties

2025 | Key management £ | Total £
At start of period | 1,841,314 | 1,841,314
Advanced | 218,034 | 218,034
Repaid | (32,747) | (32,747)
At end of period | 2,026,601 | 2,026,601

2024 | Key management £ | Total £
At start of period | 1,587,335 | 1,587,335
Advanced | 338,164 | 338,164
Repaid | (84,185) | (84,185)
At end of period | 1,841,314 | 1,841,314

Terms of loans from related parties

Loans from key management are provided interest free and are repayable on demand.