Grant Sinclair Futurist Limited

Financial Statements for the Period 1 August 2024 to 30 July 2025

DIRECTORS:

C Dennis

G S Sinclair

REGISTERED OFFICE:

Radnor House

Greenwood Close

Cardiff Gate Business Park

Cardiff

CF23 8AA

REGISTERED NUMBER:

11472464 (England and Wales)

ACCOUNTANTS:

BPU Limited

Chartered Accountants

Radnor House

Greenwood Close

Cardiff Gate Business Park

Cardiff

CF23 8AA

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Grant Sinclair Futurist Limited for the period ended 30 July 2025 which comprise the Profit & Loss Account, Balance Sheet and the related notes from the company'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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Grant Sinclair Futurist Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Grant Sinclair Futurist Limited and state those matters that we have agreed to state to the Board of Directors of Grant Sinclair Futurist Limited, as a body, in this report in accordance with icaew/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Grant Sinclair Futurist Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Grant Sinclair Futurist Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Grant Sinclair Futurist Limited. You consider that Grant Sinclair Futurist Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Grant Sinclair Futurist Limited. 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 financial statements.

BPU Limited

Chartered Accountants

26 October 2026

FIXED ASSETS

Intangible assets

3

279,002

236,053

CURRENT ASSETS

Debtors

4

56,286

54,889

Cash at bank

135

-

56,421

54,889

CREDITORS

Amounts falling due within one year

5

436,925

335,692

NET CURRENT LIABILITIES

(380,504

)

(280,803

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(101,502

)

(44,750

)

CREDITORS

Amounts falling due after more than
one year

6

5,560

NET LIABILITIES

(107,062

)

(50,310

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(107,063

)

(50,311

)

SHAREHOLDERS' FUNDS

(107,062

)

(50,310

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 July 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 October 2026 and were signed on its behalf by:

G S Sinclair - Director

1.	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.

The accounts have been prepared on a going concern basis because in the opinion of the directors the company will continue to be supported by its creditors.

Turnover

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

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.

Development costs are being assessed annually and written off as appropriate in accordance with FRS102.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

3.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 August 2024

237,068

Additions

43,485

At 30 July 2025

280,553

AMORTISATION

At 1 August 2024

1,015

Amortisation for period

536

At 30 July 2025

1,551

NET BOOK VALUE

At 30 July 2025

279,002

At 31 July 2024

236,053

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors & prepayments

56,286

54,889

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

17,217

32,262

Other creditors & accruals

419,708

303,430

436,925

335,692

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

2025

2024

£

Bank loans

5,560