REGISTERED NUMBER: 07214108 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

FOR

FUTURESTATES (GLOBAL) LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr R M Pagett

REGISTERED OFFICE:

Huntersbrook House

Hoggs Lane

Purton

Wiltshire

SN5 4HQ

REGISTERED NUMBER:

07214108 (England and Wales)

ACCOUNTANTS:

Nigel B Butler Limited

Basepoint Business Centre

Rivermead Drive

Swindon

Wiltshire

SN5 7EX

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

23,661

6,300

23,661

6,300

CURRENT ASSETS

Debtors

45,727

36,095

Cash at bank

-

4,351

45,727

40,446

CREDITORS

Amounts falling due within one year

19,760

22,595

NET CURRENT ASSETS

25,967

17,851

TOTAL ASSETS LESS CURRENT LIABILITIES

49,628

24,151

CREDITORS

Amounts falling due after more than one year

(63,447

)

(36,872

)

PROVISIONS FOR LIABILITIES

(2,743

)

(1,197

)

NET LIABILITIES

(16,562

)

(13,918

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(16,564

)

(13,920

)

SHAREHOLDERS' FUNDS

(16,562

)

(13,918

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 May 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2026 and were signed by:

Dr R M Pagett - Director

1.	STATUTORY INFORMATION

FutureStates (Global) 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2025

and 31 May 2026

50,000

AMORTISATION

At 1 June 2025

and 31 May 2026

50,000

NET BOOK VALUE

At 31 May 2026

-

At 31 May 2025

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2025

15,312

Additions

24,000

Disposals

(5,000

)

At 31 May 2026

34,312

DEPRECIATION

At 1 June 2025

9,012

Charge for year

2,577

Eliminated on disposal

(938

)

At 31 May 2026

10,651

NET BOOK VALUE

At 31 May 2026

23,661

At 31 May 2025

6,300

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dr R M Pagett.