Company Registration No. 08177996 (England and Wales)
Future Practice Limited
Unaudited accounts
for the period from 1 September 2025 to 30 April 2026
Future Practice Limited
Statement of financial position
as at 30 April 2026
Cash at bank and in hand
40,512
17,162
Creditors: amounts falling due within one year
(75,520)
(103,191)
Net current assets
26,123
15,748
Total assets less current liabilities
26,123
16,579
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
26,122
16,261
Shareholders' funds
26,123
16,262
For the period ending 30 April 2026 the company was entitled to exemption from audit 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 director acknowledges his 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 the period in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 May 2026 and were signed on its behalf by
Mr Raman Sharma
Director
Company Registration No. 08177996
Future Practice Limited
Notes to the Accounts
for the period from 1 September 2025 to 30 April 2026
Future Practice Limited is a private company, limited by shares, registered in England and Wales, registration number 08177996. The registered office is Unit G7 West Point Business Park, Westland Square, Leeds, LS11 5SS, England. The company is in the process of being wound up.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared prepared on a 'liquidation' (or 'break-up') basis.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on cost.
Computer equipment
25% on cost.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company is being wound up by members voluntarily.
Future Practice Limited
Notes to the Accounts
for the period from 1 September 2025 to 30 April 2026
4
Tangible fixed assets
Total
5
Average number of employees
During the period the average number of employees was 3 (2025: 3).