Bright Young Futures Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11608475

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,555		8,206

			6,555		8,206
CURRENT ASSETS
Debtors	5	335,680		159,021
Cash at bank and in hand		36,318		37,035

		371,998		196,056
Creditors: Amounts Falling Due Within One Year	6	(348,308 )		(173,882 )

NET CURRENT ASSETS (LIABILITIES)			23,690		22,174

TOTAL ASSETS LESS CURRENT LIABILITIES			30,245		30,380

Creditors: Amounts Falling Due After More Than One Year	7		(27,811 )		(28,129 )

NET ASSETS			2,434		2,251

CAPITAL AND RESERVES
Called up share capital	8		1,300		1,300
Profit and Loss Account			1,134		951

SHAREHOLDERS' FUNDS			2,434		2,251

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Bright Young Futures Ltd

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr. Jahrone Beckford

Director

17/06/2026

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

1. General Information

Bright Young Futures Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11608475 . The registered office is 2nd Floor, 107 George Lane, London, E18 1AN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing balance
Computer Equipment	25% Reducing balance

2.4. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 27 (2024: 27)

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Bright Young Futures Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 November 2024	14,384	4,072	18,456
Additions	535	-	535

As at 31 October 2025	14,919	4,072	18,991

Depreciation
As at 1 November 2024	8,148	2,102	10,250
Provided during the period	1,693	493	2,186

As at 31 October 2025	9,841	2,595	12,436

Net Book Value
As at 31 October 2025	5,078	1,477	6,555

As at 1 November 2024	6,236	1,970	8,206

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	82,799	73,373
Other debtors (1)	185,633	55,350
Directors' loan accounts	67,248	30,298

	335,680	159,021

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	60,867	6,547
Bank loans and overdrafts	-	5,433
Other loans	54,400	-
Corporation tax	90,293	68,473
Other taxes and social security	97,748	36,547
Net wages	-	30,040
Crowd2fund loan 2.	-	26,842
Accruals and deferred income	45,000	-

	348,308	173,882

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Bright Young Futures Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	27,811	28,129

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,300	1,300

9. Directors Advances, Credits and Guarantees

During the year the company operated a director’s loan account. As at the year end the amount due to a company from the director was £67,248.

	As at 1 November 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2025
	£	£	£	£	£
Mr. Jahrone Beckford	15,149	33,624	15,149	-	33,624
Mrs Nicole Beckford	15,149	33,624	15,149	-	33,624

The above loan is unsecured, interest bearring and repayable on demand. The loan was repaid before the 9 months period.

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