FUTNEXT LTD


Directors	MURUGAN, Chithambara Kumar
	SUBRAMANIAN, Aishwarya Bala


Registered Address	71-75 Shelton Street
	Covent Garden
	London
	WC2H 9JQ


Registered Number	15209983 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Called up share capital not paid			1		1
Fixed assets
Tangible assets	3		40,472		39,232
			40,472		39,232
Current assets
Debtors		123,996		67,235
Cash at bank and on hand		686,448		222,079
		810,444		289,314
Creditors amounts falling due within one year		(223,626)		(90,783)
Net current assets (liabilities)			586,819		198,532
Total assets less current liabilities			627,291		237,764
Provisions for liabilities	4		(10,118)		-
Net assets			617,173		237,764
Capital and reserves
Called up share capital			100		1
Profit and loss account			617,073		237,763
Shareholders' funds			617,173		237,764

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 28 May 2026, and are signed on its behalf by:

MURUGAN, Chithambara Kumar
Director

SUBRAMANIAN, Aishwarya Bala
Director

Registered Company No. 15209983

FUTNEXT LTD

Notes to the Financial Statements
for the year ended 31 October 2025

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).

	Revenue from rendering of services
	Turnover represents subscription income receivable from customers for access to the company's online platform, net of Value Added Tax. Revenue is recognised at the point at which payment is received and access to the platform is provided to the customer

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost 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:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost 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:


		Straight line (years)
	Fixtures and fittings	5
	Vehicles	5
	Office Equipment	4

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		0

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 November 24	49,421
	Additions	13,403
	At 31 October 25	62,825
	Depreciation and impairment
	At 01 November 24	10,189
	Charge for year	12,163
	At 31 October 25	22,352
	Net book value
	At 31 October 25	40,472
	At 31 October 24	39,232

4.	Provisions for liabilities
	Deferred tax provided in the financial statements totals £10,118 (2025: £0) and is recognized entirely in respect of timing differences resulting from accelerated capital allowances. This liability represents the future tax consequences of transactions and events where the tax treatment of fixed asset depreciation differs from the accounting treatment. The provision has been fully recognized within the tax charge in the profit and loss account for the period and is calculated using the substantively enacted standard rate of UK Corporation Tax expected to apply when the timing differences reverse.

Provisions for liabilities

Deferred tax provided in the financial statements totals £10,118 (2025: £0) and is recognized entirely in respect of timing differences resulting from accelerated capital allowances. This liability represents the future tax consequences of transactions and events where the tax treatment of fixed asset depreciation differs from the accounting treatment. The provision has been fully recognized within the tax charge in the profit and loss account for the period and is calculated using the substantively enacted standard rate of UK Corporation Tax expected to apply when the timing differences reverse.

	2025	2024
	£	£
Net deferred tax liability (asset)	10,118	-
Total	10,118	-

5.	Related party transactions
	At the year end, the company had an outstanding directors' loan of £3,366 (prior year: £698). The balance represents an unsecured, interest-free loan made by a director to the company. The amount is repayable on demand and is included within Creditors: amounts falling due within one year. The aggregate remuneration paid to the directors during the year was £9,428.00 (prior year: £NIL).