FUTURE AUCTIONS LTD

Company Registration Number:
SC358597 (Scotland)

Unaudited abridged accounts for the year ended 30 April 2025

Period of accounts

Start date: 01 May 2024

End date: 30 April 2025

FUTURE AUCTIONS LTD

Contents of the Financial Statements

for the Period Ended 30 April 2025

Balance sheet
Notes

FUTURE AUCTIONS LTD

Balance sheet

As at 30 April 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 564,115 599,241
Total fixed assets: 564,115 599,241
Current assets
Debtors:   471,002 421,003
Cash at bank and in hand: 4,000,689 3,988,908
Total current assets: 4,471,691 4,409,911
Creditors: amounts falling due within one year:   (1,359,641) (1,657,198)
Net current assets (liabilities): 3,112,050 2,752,713
Total assets less current liabilities: 3,676,165 3,351,954
Total net assets (liabilities): 3,676,165 3,351,954
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: 3,674,165 3,349,954
Shareholders funds: 3,676,165 3,351,954

The notes form part of these financial statements

FUTURE AUCTIONS LTD

Balance sheet statements

For the year ending 30 April 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 January 2026
and signed on behalf of the board by:

Name: James Griffith
Status: Director

The notes form part of these financial statements

FUTURE AUCTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FUTURE AUCTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2025

2. Employees

2025 2024
Average number of employees during the period 15 15

FUTURE AUCTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2025

3. Tangible Assets

Total
Cost £
At 01 May 2024 778,357
Disposals (39,314)
At 30 April 2025 739,043
Depreciation
At 01 May 2024 179,116
Charge for year 13,012
On disposals (17,200)
At 30 April 2025 174,928
Net book value
At 30 April 2025 564,115
At 30 April 2024 599,241