ACCOUNTS - Final Accounts preparation

Commitments under operating leases

At 31 October 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Company registration number: 08333403

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 OCTOBER 2025

	FUTURE MATERIALS GROUP LIMITED


FUTURE MATERIALS GROUP LIMITED

COMPANY INFORMATION

Directors	D C Schofield
	A G Williams


Company secretary	E H Stokes


Registered number	08333403


Registered office	Suite 12
	The Mansion
	Chesterford Research Park
	Little Chesterford
	Cambridgeshire
	CB10 1XL


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


FUTURE MATERIALS GROUP LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 5


FUTURE MATERIALS GROUP LIMITED REGISTERED NUMBER:08333403

STATEMENT OF FINANCIAL POSITION

AS AT 31 OCTOBER 2025

		2025		2025
Note		£		£

Fixed assets
Investments	4		517,121		517,121
			517,121		517,121
Current assets
Debtors: amounts falling due within one year	5	210,287		210,132
Cash at bank and in hand		27,451		242,727
		237,738		452,859
Creditors: amounts falling due within one year	6	(583,803)		(739,961)
Net current liabilities			(346,065)		(287,102)
Total assets less current liabilities			171,056		230,019

Net assets			171,056		230,019

Capital and reserves
Called up share capital	900	900
Profit and loss account	170,156	229,119
	171,056	230,019

Page 1


FUTURE MATERIALS GROUP LIMITED REGISTERED NUMBER:08333403

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 OCTOBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

___________________________

A G Williams

Director

Date: 4 July 2026

The notes on pages 3 to 5 form part of these financial statements.

Page 2


FUTURE MATERIALS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1.	General information

Future Materials Group Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The period covered by the financial statements is the 9 month period from 1 February 2025 to 31 October 2025. The shortened period should be taken into account when reviewing the comparative information within the financial statements.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Preparation of consolidated financial statements

The financial statements contain information about Future Materials Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

2.3

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Page 3


FUTURE MATERIALS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

2.Accounting policies (continued)

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.6

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

2.7

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 4


FUTURE MATERIALS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 November 2024	517,121
	At 31 October 2025	517,121

Debtors

					2025	2025
					£	£


Amounts owed by group undertakings	393	393
Other debtors	161,139	160,984
Tax recoverable	48,755	48,755
	210,287	210,132

6.	Creditors: Amounts falling due within one year
		2025	2025
		£	£

Trade creditors	23	20
Amounts owed to group undertakings	583,434	739,941
Corporation tax	346	-
	583,803	739,961

	Not later than 1 year	7,018	38,596
		7,018	38,596

Page 5