Future Print Leeds Limited

Future Print Leeds Limited
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	117,069	179,978
		117,069	179,978
Current assets
Stocks		2,975	2,975
Debtors		105,672	42,442
Cash at bank and in hand		192,442	275,314
		301,089	320,731
Creditors: amount falling due within one year		(312,476)	(246,226)
Net current assets		(11,387)	74,505

Total assets less current liabilities		105,682	254,483
Creditors: amount falling due after more than one year		(71,544)	(141,097)
Provisions for liabilities		(22,243)	(34,196)
Net assets		11,895	79,190

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		11,795	79,090
Shareholders' funds		11,895	79,190

For the year ended 31 January 2026 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 accounts for the year in question 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 accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

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 by the board of directors on 31 October 2026 and were signed on its behalf by:

-------------------------------
Mr T Roberts
Director

Future Print Leeds Limited
Notes to the Abridged Financial Statements
For the year ended 31 January 2026

General Information

Future Print Leeds Limited is a private company, limited by shares, registered in England and Wales, registration number 09944859, registration address Unit 5 Antler Complex, Bruntcliffe Way, Leeds, West Yorkshire, LS27 0JG.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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)

Going concern basis

The directors believe that the company is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	15% Straight Line
Motor Vehicles	25% Straight Line
Fixtures and Fittings	20% Straight Line
Computer Equipment	25% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees [table_contents] 8 (2025 : 7).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 February 2025	242,451	264,013	29,551	16,959	552,974
Additions	15,750	-	-	1,721	17,471
Disposals	-	(101,617)	-	-	(101,617)
At 31 January 2026	258,201	162,396	29,551	18,680	468,828
Depreciation
At 01 February 2025	149,151	186,214	22,807	14,824	372,996
Charge for year	23,215	40,599	2,037	1,826	67,677
On disposals	-	(88,914)	-	-	(88,914)
At 31 January 2026	172,366	137,899	24,844	16,650	351,759
Net book values
Closing balance as at 31 January 2026	85,835	24,497	4,707	2,030	117,069
Opening balance as at 01 February 2025	93,300	77,799	6,744	2,135	179,978

Share Capital

Allotted, called up and fully paid	2026 £	2025 £
60 Ordinary A shares of £1.00 each	60	60
25 Ordinary B shares of £1.00 each	25	25
5 Ordinary C shares of £1.00 each	5	5
5 Ordinary D shares of £1.00 each	5	5
5 Ordinary E shares of £1.00 each	5	5
	100	100

Share Capital

All shares rank pari passu and have equal voting rights.

5.	Director’s loan

Directors Advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company.

Particulars		Balance b/f £		Advances £		Credits £		Balance c/f £
Mr T Roberts		(1)		259,705		(168,600)		91,104
Mr R Dawson		(761)		61,079		(73,245)		(12,927)