Company Registration No. 08303794 (England and Wales)
Future Deal Ltd
Unaudited accounts
for the year ended 31 May 2025
Future Deal Ltd
Unaudited accounts
Contents
Future Deal Ltd
Company Information
for the year ended 31 May 2025
Directors
Nishant Shah
Chandrakant Shah
Company Number
08303794 (England and Wales)
Registered Office
3rd Floor Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
Accountants
RMR Partnership LLP
Ground Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
Future Deal Ltd
Statement of financial position
as at 31 May 2025
Intangible assets
235,579
235,579
Tangible assets
25,689
30,223
Cash at bank and in hand
24,603
8,450
Creditors: amounts falling due within one year
(181,797)
(207,662)
Net current liabilities
(132,374)
(133,472)
Total assets less current liabilities
128,894
132,330
Creditors: amounts falling due after more than one year
(61,642)
(81,617)
Called up share capital
100
100
Profit and loss account
67,152
50,613
Shareholders' funds
67,252
50,713
For the year ending 31 May 2025 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 30 May 2026 and were signed on its behalf by
Nishant Shah
Director
Company Registration No. 08303794
Future Deal Ltd
Notes to the Accounts
for the year ended 31 May 2025
Future Deal Ltd is a private company, limited by shares, registered in England and Wales, registration number 08303794. The registered office is 3rd Floor Vyman House, 104 College Road, Harrow, Middlesex, HA1 1BQ.
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 year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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
15% as per reducing balance method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Future Deal Ltd
Notes to the Accounts
for the year ended 31 May 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Future Deal Ltd
Notes to the Accounts
for the year ended 31 May 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
71,239
71,188
Taxes and social security
21,447
24,615
Other creditors
10,000
20,362
Loans from directors
40,657
859
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
4,287
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).