Future Value Capital LLP - Filleted accounts

Registered number

OC359493

Future Value Capital LLP

MEMBER'S REPORT AND

UNAUDITED FINANCIAL STATEMENTS

For the year ended

31 March 2026

Future Value Capital LLP
Report and accounts
Contents




Page

LLP information	1
Members' report	2
Accountants' report	4
Balance sheet	5
Notes to the accounts	6

Future Value Capital LLP

LLP Information

Designated members

Roman Lutz

Future Value Limited

Accountants

MAH, Chartered Accountants

154 Bishopsgate

London

United Kingdom

EC2M 4LN

Registered office

167-169 Great Portland Street

London

England

W1W 5PF

Registered number

OC359493

Future Value Capital LLP
Members' Report

The members present their report and accounts for the year ended 31 March 2026.

Principal activities
The principal activity of the LLP is to provide investment management services. The LLP is regulated and authorised by The Financial Conduct Authority (“FCA”).

Designated members
The following persons served as designated members during the year:

	Roman Lutz
	Future Value Limited

Policy with respect to members' drawings and subscription and repayment of members' capital
Policies for members’ drawings, subscriptions and repayment of members’ capital are governed by the LLP Agreement dated 14 June 2011.

Pillar III disclosures
In previous years the LLP has documented the disclosures required by the FCA under BIPRU 11.3. However as the firm as changed it regulatory permissions, it is no longer required to make risk management and capital resources disclosures required by the FCA.

Members’ profit allocation
Any profits are shared among the Members as decided by the Executive Committee and governed by the LLP Agreement dated 14 June 2011.

Results and distributions
The LLP’s balance sheet shows a satisfactory position, members’ interests amounting to £79,759 owed to the members (2025: £18,372)

Members' responsibilities
The members are responsible for preparing the report and accounts in accordance with applicable law and regulations.

Company law requires the members to prepare accounts for each financial year. Under that law the members have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the members must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the LLP and of the profit or loss of the LLP for that period. In preparing these accounts, the members are required to:
●	select suitable accounting policies and then apply them consistently;
●	make judgements and estimates that are reasonable and prudent;
●	prepare the accounts on the going concern basis unless it is inappropriate to presume that the LLP will continue in business.

The members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the LLP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the members on 11 August 2026 and signed on their behalf by:





Roman Lutz
Designated member

Future Value Capital LLP

Chartered Accountants' report to the members on the preparation of the unaudited statutory accounts of Future Value Capital LLP for the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006 (as applied by the LLP regulations), we have prepared for your approval the accounts of Future Value Capital LLP for the year ended 31 March 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the LLP’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance
This report is made solely to the members of Future Value Capital LLP, as a body, in accordance with the terms of our engagement letter dated 7 April 2022. Our work has been undertaken solely to prepare for your approval the accounts of Future Value Capital LLP and state those matters that we have agreed to state to the members of Future Value Capital LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Future Value Capital LLP and its members as a body for our work or for this report.
It is your duty to ensure that Future Value Capital LLP has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Future Value Capital LLP. You consider that Future Value Capital LLP is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Future Value Capital LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

MAH, Chartered Accountants
154 Bishopsgate
London
United Kingdom
EC2M 4LN

11 August 2026

Future Value Capital LLP
Registered number:		OC359493
Balance Sheet
as at 31 March 2026
Notes		2026		2025
£			£
Fixed assets
Tangible assets	3	1,119		1,927
		1,119		1,927
Current assets
Debtors	4	1,337,502		1,353,939
Cash at bank and in hand		460,689		26,394
		1,798,191		1,380,333

Creditors: amounts falling due within one year	5	(690,246)		(334,583)

Net current assets		1,107,945		1,045,750

Total assets less current liabilities		1,109,064		1,047,677

Net assets attributable to members		1,109,064		1,047,677

Members' other interests
Members' capital classified as equity		685,169		685,169
Other reserves		423,895		362,508
		1,109,064		1,047,677

		1,109,064		1,047,677

Total members' interests
Amounts due from members included in debtors	4	(1,029,305)		(1,029,305)
		(1,029,305)		(1,029,305)
Members' other interests		1,109,064		1,047,677

		79,759		18,372

For the year ended 31 March 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs).
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.

These accounts were approved by the members on 11 August 2026 and signed on their behalf by:


Roman Lutz
Designated member

Future Value Capital LLP
Notes to the Accounts
for the year ended 31 March 2026

1	Accounting policies

	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) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.

	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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Taxation
	As an LLP, Future Value Capital LLP is not itself liable to United Kingdom taxation, its profits being liable to income tax or corporation tax in the hands of the members. Therefore, no provision for taxation is made in the financial statements.

	Foreign currency translation
	Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken to the income statement.

	Members’ remuneration and interest
	Members’ rights to participate in the profits or losses, or assets of an LLP are analysed between those that give rise to, from the LLP’s perspective, either a financial liability or equity, in accordance with section 11 of FRS102.

	Members’ remuneration
	Non-discretionary amounts becoming due to members in respect of participation rights in the profits of the LLP for an accounting period that give rise to liabilities are presented as an expense within the income statement (within the heading 'Members’ remuneration charged as an expense').

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment			over 5 years

1	Accounting policies (continued)

	Financial assets and liabilities
	The LLP has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.
	(i) Financial assets Basic financial assets, including debtors and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss. If there is decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss. Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
	(ii) Financial liabilities Basic financial liabilities, including trade and other payables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
	Debtors
	Trade debtors are carried at original invoice amount less any provision made for impairment of these receivables. A provision for impairment of trade debtors is established when there is objective evidence that the LLP will not be able to collect all amounts due according to the original terms of the receivable.

	Creditors
	Creditors are carried at the fair value of the consideration to be paid in the future for goods and services that have been received or supplied and invoiced or formally agreed with the supplier.


	Cash and cash equivalents
	Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.


	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Members' capital
	Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.

2	Employees					2026		2025
Number							Number

	Average number of persons employed by the LLP					1		1
						1		1

3	Tangible fixed assets
		Land and buildings		Office equipment etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	-		4,049		-		4,049
	Additions	-		-		-		-
	At 31 March 2026	-		4,049		-		4,049

	Depreciation
	At 1 April 2025	-		2,121		-		2,121
	Charge for the year	-		809		-		809
	At 31 March 2026	-		2,930		-		2,930

	Net book value
	At 31 March 2026	-		1,119		-		1,119
	At 31 March 2025	-		1,928		-		1,928


4	Debtors					2026		2025
£							£

	Trade debtors					116,095		19,944
	Amounts due from members					1,029,305		1,029,305
	Other debtors					192,102		304,690
						1,337,502		1,353,939


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					518,385		329,284
	Other creditors					171,861		5,299
						690,246		334,583

6	Controlling party

	The ultimate controlling party is Roman Lutz.

7	Other information

	Future Value Capital LLP is a limited liability partnership incorporated in England. Its registered office is:
	167-169 Great Portland Street
	London
	England
	W1W 5PF