Company No: 06564782 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	303,218		340,763
		303,218		340,763
Current assets
Stocks		1,000		1,000
Debtors	5	100,559		104,208
Cash at bank and in hand		2,440		45,513
		103,999		150,721
Creditors: amounts falling due within one year	6	( 183,615)		( 213,490)
Net current liabilities		(79,616)		(62,769)
Total assets less current liabilities		223,602		277,994
Creditors: amounts falling due after more than one year	7	( 185,076)		( 200,933)
Net assets		38,526		77,061
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		38,426		76,961
Total shareholders' funds		38,526		77,061

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Future Technical Solutions Ltd (registered number: 06564782) were approved and authorised for issue by the Board of Directors on 04 September 2026. They were signed on its behalf by:

Mrs J Carpenter Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Future Technical Solutions Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Land and buildings	not depreciated
Vehicles	5 years straight line
Other property, plant and equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	6		6

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 January 2025	6,197		6,197
At 31 December 2025	6,197		6,197
Accumulated amortisation
At 01 January 2025	6,197		6,197
At 31 December 2025	6,197		6,197
Net book value
At 31 December 2025	0		0
At 31 December 2024	0		0

4. Tangible assets

	Land and buildings		Vehicles		Other property, plant and equipment		Total
	£		£		£		£
Cost
At 01 January 2025	255,749		58,270		184,900		498,919
Additions	0		3,200		3,141		6,341
At 31 December 2025	255,749		61,470		188,041		505,260
Accumulated depreciation
At 01 January 2025	0		40,366		117,790		158,156
Charge for the financial year	0		7,715		36,171		43,886
At 31 December 2025	0		48,081		153,961		202,042
Net book value
At 31 December 2025	255,749		13,389		34,080		303,218
At 31 December 2024	255,749		17,904		67,110		340,763

5. Debtors

	2025		2024
	£		£
Trade debtors	100,559		104,208

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts	21,050		67,675
Trade creditors	38,421		6,910
Amounts owed to related parties	4,000		0
Amounts owed to directors	11,889		1,366
Accruals	12,397		8,773
Deferred tax liability	11,867		21,250
Taxation and social security	53,773		72,520
Obligations under finance leases and hire purchase contracts	3,871		5,161
Other creditors	26,347		29,835
	183,615		213,490

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured £ 173,961)	185,076		197,062
Obligations under finance leases and hire purchase contracts	0		3,871
	185,076		200,933

The bank loan includes a loan is secured on the freehold property of the company with a carrying value of £255,749 (2024: £255,749).

Amounts repayable after more than 5 years are included in creditors falling due over one year:

	2025		2024
	£		£
Bank loans (secured / repayable by instalments)	143,165		148,688

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

9. Related party transactions

Other related party transactions

	2025		2024
	£		£
Private loan	(4,000)		0

During the year, the company received a loan from the parents of a director; the loan is non interest bearing and repayable on demand.