REGISTERED NUMBER: 12100512 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Fernandes Futures Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms F A J Fernandes

REGISTERED OFFICE:

55 Link Road

Anstey

Leicester

Leicestershire

LE7 7BY

REGISTERED NUMBER:

12100512 (England and Wales)

ACCOUNTANTS:

Style Accountants Limited

Bank House

Southwick Square

Southwick

West Sussex

BN42 4FN

FIXED ASSETS

Investment property

4

200,000

200,000

CURRENT ASSETS

Cash at bank

1,455

1,002

CREDITORS

Amounts falling due within one year

5

178,334

169,848

NET CURRENT LIABILITIES

(176,879

)

(168,846

)

TOTAL ASSETS LESS CURRENT LIABILITIES

23,121

31,154

PROVISIONS FOR LIABILITIES

6,871

6,871

NET ASSETS

16,250

24,283

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

6

20,614

20,614

Retained earnings

(4,365

)

3,668

SHAREHOLDERS' FUNDS

16,250

24,283

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

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

The director acknowledges her 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 director and authorised for issue on 28 May 2026 and were signed by:

Ms F A J Fernandes - Director

1.	STATUTORY INFORMATION

Fernandes Futures Ltd 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 as modified by the revaluation of certain assets.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation recognised in the income statement for the year comprises current and deferred tax.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

200,000

NET BOOK VALUE

At 31 August 2025

200,000

At 31 August 2024

200,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2024

27,485

Cost

172,515

200,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

385

386

Other creditors

177,949

169,462

178,334

169,848

6.

RESERVES

Revaluation

reserve

£

At 1 September 2024

and 31 August 2025

20,614