FUTUREMAXX LTD


Directors	JUGRAN, Manish
	NEGI, Krishnapal
	THAPLIYAL, Sunil


Registered Address	4 Market Place
	Great Portland Street
	London
	W1W 8QJ


Registered Number	15446090 (England and Wales)

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows: Intangible assets amortised over 15 years.

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Intangible assets amortised over 15 years.


	Reducing balance (%)	Straight line (years)
Land and buildings	-	15
Plant and machinery	25	-
Fixtures and fittings	15	-
Vehicles	20	-
Office Equipment	-	3

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	32		27

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 April 25	41,500	41,500
Additions	2,000	2,000
At 31 March 26	43,500	43,500
Amortisation and impairment
At 01 April 25	1,383	1,383
Charge for year	2,900	2,900
At 31 March 26	4,283	4,283
Net book value
At 31 March 26	39,217	39,217
At 31 March 25	40,117	40,117

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 April 25	51,151	18,948	-	78,995	1,705	150,799
Additions	-	7,905	70,157	2,100	371	80,533
At 31 March 26	51,151	26,853	70,157	81,095	2,076	231,332
Depreciation and impairment
At 01 April 25	1,705	1,351	-	6,417	284	9,757
Charge for year	3,410	5,989	7,016	11,018	671	28,104
At 31 March 26	5,115	7,340	7,016	17,435	955	37,861
Net book value
At 31 March 26	46,036	19,513	63,141	63,660	1,121	193,471
At 31 March 25	49,446	17,597	-	72,578	1,421	141,042

5.	Stocks

	2026	2025
	£	£
Raw materials and consumables	8,000	-
Total	8,000	-

6.	Debtors: amounts due within one year

	2026	2025
	£	£
Other debtors	316,900	202,441
Prepayments and accrued income	74,485	45,074
Total	391,385	247,515

7.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	60,582	73,689
Taxation and social security	56,353	9,173
Finance lease and HP contracts	7,317	-
Other creditors	541,138	670,771
Accrued liabilities and deferred income	8,245	6,116
Total	673,635	759,749

8.	Creditors: amounts due after one year

	2026	2025
	£	£
Other creditors	52,616	-
Total	52,616	-

9.	Obligations under finance leases

		2026		2025
		£		£
	Finance lease and HP contracts	59,933		-

10.	Directors advances, credits and guarantees
	At the balance sheet date, the company owes the directors as follows. Manish Jugran - £179,000 Sunil Thapliyal - £127,700 Krishanpal Negi - £98,620

11.	Related party transactions
	Included within other debtors is an amount of £135,900 due from Yaatra Limited, a company under the common control of the directors. The balance was unsecured, interest-free and repayable on demand.

	Notes	2026		2025
		£	£	£	£
Fixed assets
Intangible assets	3		39,217		40,117
Tangible assets	4		193,471		141,042
			232,688		181,159
Current assets
Stocks	5	8,000		-
Debtors	6	391,385		247,515
Cash at bank and on hand		54,303		131,437
		453,688		378,952
Creditors amounts falling due within one year	7	(673,635)		(759,749)
Net current assets (liabilities)			(219,947)		(380,797)
Total assets less current liabilities			12,741		(199,638)
Creditors amounts falling due after one year	8		(52,616)		-
Net assets			(39,875)		(199,638)
Capital and reserves
Profit and loss account			(39,875)		(199,638)
Shareholders' funds			(39,875)		(199,638)