Future of Movement Ltd


Directors	Peter Elliott
	Cerina Nichamin


Registered Address	Unit 4 City Limits
	Danehill
	Reading
	RG6 4UP


Registered Number	03140323 (England and Wales)

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Current taxation
	Current tax is recognised in profit or loss. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Plant and machinery	25
	Vehicles	20
	Office Equipment	25

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs, less any impairment losses for bad and doubtful debts.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 June 24	-	131,995	21,337	153,332
Additions	39,966	-	5,142	45,108
At 31 May 25	39,966	131,995	26,479	198,440
Depreciation and impairment
At 01 June 24	-	18,745	7,068	25,813
Charge for year	9,036	22,650	4,106	35,792
At 31 May 25	9,036	41,395	11,174	61,605
Net book value
At 31 May 25	30,930	90,600	15,305	136,835
At 31 May 24	-	113,250	14,269	127,519

4.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
Additions	100	100
At 31 May 25	100	100
Net book value
At 31 May 25	100	100
At 31 May 24	-	-

	Notes
	¹Investments in group undertakings and participating interests

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	63,898	-
Other debtors	165	2,151
Prepayments and accrued income	-	260
Total	64,063	2,411

6.	Current asset investments

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	116	-
Bank borrowings and overdrafts	41,282	15,384
Taxation and social security	138,054	82,288
Accrued liabilities and deferred income	-	1,146
Total	179,452	98,818

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	34,209	31,880
Total	34,209	31,880

9.	Related party transactions
	The company has taken the available exemption under FRS102 Section 1A to not disclose related party transactions with the wholly owned group companies. Details of the debtor balances held with group companies can be found in note 5. The amounts are repayable on demand and no interest is charged on the balance.

10.	Prior period policy changes
	These financial statements for the year ended 31 May 2025 are the first prepared in accordance with FRS 102 Section 1A. The company previously prepared its financial statements under FRS 105. The date of transition was 1 June 2023. The reported financial position for the comparative period has been restated as if the company had always applied FRS 102 Section 1A. The only adjustment on transition relates to the recognition of deferred tax liabilities, which reduced capital and reserves as follows: Capital and reserves 31 May 2024 (FRS105) – £444,371 Adjustment – (£31,880) 31 May 2024 (FRS102 1a) - £412,491 There were no other changes to accounting policies or profit for the comparative period.

10.

Prior period policy changes

These financial statements for the year ended 31 May 2025 are the first prepared in accordance with FRS 102 Section 1A. The company previously prepared its financial statements under FRS 105. The date of transition was 1 June 2023.
 
The reported financial position for the comparative period has been restated as if the company had always applied FRS 102 Section 1A. The only adjustment on transition relates to the recognition of deferred tax liabilities, which reduced capital and reserves as follows:
 
Capital and reserves
31 May 2024 (FRS105) – £444,371
Adjustment – (£31,880)
31 May 2024 (FRS102 1a) - £412,491
 
There were no other changes to accounting policies or profit for the comparative period.

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		136,835		127,519
Investments	4		100		-
			136,935		127,519
Current assets
Debtors	5	64,063		2,411
Cash at bank and on hand		402,737		413,259
		466,800		415,670
Creditors amounts falling due within one year	7	(179,452)		(98,818)
Net current assets (liabilities)			287,348		316,852
Total assets less current liabilities			424,283		444,371
Provisions for liabilities	8		(34,209)		(31,880)
Net assets			390,074		412,491
Capital and reserves
Profit and loss account			390,074		412,491
Shareholders' funds			390,074		412,491