REGISTERED NUMBER: 10329842 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Futraheat Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Wellham

T W G Taylor

R Ward

B C Woodhouse

SECRETARY:

Ablesafe Limited

REGISTERED OFFICE:

90-92 High Street

Evesham

Worcestershire

WR11 4EU

REGISTERED NUMBER:

10329842 (England and Wales)

ACCOUNTANTS:

Attwoods

Chartered Certified Accountants

90-92 High Street

Evesham

Worcestershire

WR11 4EU

FIXED ASSETS

Intangible assets

4

4,283

4,943

Tangible assets

5

3,989

13,659

8,272

18,602

CURRENT ASSETS

Debtors

6

180,063

446,896

Cash at bank

105,740

518,455

285,803

965,351

CREDITORS

Amounts falling due within one year

7

63,435

118,396

NET CURRENT ASSETS

222,368

846,955

TOTAL ASSETS LESS CURRENT LIABILITIES

230,640

865,557

PROVISIONS FOR LIABILITIES

758

2,595

NET ASSETS

229,882

862,962

CAPITAL AND RESERVES

Called up share capital

226

159

Share premium

2,121,322

1,999,889

Retained earnings

(1,891,666

)

(1,137,086

)

229,882

862,962

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 16 April 2026 and were signed on its behalf by:

T W G Taylor - Director

1.	STATUTORY INFORMATION

Futraheat 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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

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

Plant and machinery

-

33% on cost

Fixtures and fittings

-

33% on cost

Computer equipment

-

50% on cost

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 7 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

6,594

AMORTISATION

At 1 January 2025

1,651

Charge for year

660

At 31 December 2025

2,311

NET BOOK VALUE

At 31 December 2025

4,283

At 31 December 2024

4,943

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

and 31 December 2025

14,988

12,859

28,501

56,348

DEPRECIATION

At 1 January 2025

7,563

11,551

23,575

42,689

Charge for year

4,504

658

4,508

9,670

At 31 December 2025

12,067

12,209

28,083

52,359

NET BOOK VALUE

At 31 December 2025

2,921

650

418

3,989

At 31 December 2024

7,425

1,308

4,926

13,659

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Taxation

100,000

201,348

VAT

42,581

24,451

Called up share capital not paid

100

100

Accrued government grants

-

181,350

Prepayments

37,382

39,647

180,063

446,896

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

15,871

82,168

Social security and other taxes

14,760

18,277

Pensions

8,275

1,014

Other creditors

1,925

5,020

Accrued expenses

22,604

11,917

63,435

118,396