REGISTERED NUMBER: 14406854 (England and Wales)

Unaudited Financial Statements

for the period

1 November 2024 to 31 December 2025

for

THE FUTURE GOVERNANCE FORUM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

R J Harding

N Yeowell

J P Reynolds

H MacNamara

W J Perrin

Secretary:

C R Holloway

Registered office:

58 Victoria Embankment

London

EC4Y 0DS

Registered number:

14406854 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

2,866

1,080

Current assets

Debtors

5

20,513

28,648

Cash at bank

119,028

42,902

139,541

71,550

Creditors

Amounts falling due within one year

6

128,082

67,097

Net current assets

11,459

4,453

Total assets less current liabilities

14,325

5,533

Reserves

Retained earnings

7

14,325

5,533

14,325

5,533

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

The members have not required the company to obtain an audit of its financial statements for the period 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 1 May 2026 and were signed on its behalf by:

N Yeowell - Director

1.	Statutory information

The Future Governance Forum Limited is a private company, limited by guarantee , 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.

Going concern

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Turnover

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

Turnover represents amounts receivable for services provided in the year and is stated net of VAT.

Donation income is recognised on an accrual basis, in line with costs associated with the intended furtherance of the entities aims and objectives.

Grants are accounted for under the accruals model as permitted by FRS102. Grants of a revenue nature are recognised in the income statement in the same period as the related expenditure.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from the bank and other third parties, loans to related parties, and investment in ordinary shares.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the period 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.

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 period was 9 (2024 - 4 ) .

4.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 November 2024

2,566

Additions

3,867

At 31 December 2025

6,433

Depreciation

At 1 November 2024

1,486

Charge for period

2,081

At 31 December 2025

3,567

Net book value

At 31 December 2025

2,866

At 31 October 2024

1,080

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

7,800

24,000

Other debtors

12,713

4,648

20,513

28,648

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

25,002

31,555

Taxation and social security

44,230

12,218

Other creditors

58,850

23,324

128,082

67,097

7.

Reserves

Retained

earnings

£

At 1 November 2024

5,533

Profit for the period

8,792

At 31 December 2025

14,325

8.	Related party disclosures

During the period William Perrin, a non-executive director, and his wife made donations totalling £200,000.