The Future Place Consultancy Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04200947

The Future Place Consultancy Limited

Filleted Unaudited Financial Statements

31 March 2025

The Future Place Consultancy Limited

Financial Statements

Year ended 31 March 2025

Contents	Pages

Statement of financial position	1 to 2

Notes to the financial statements	3 to 4

The Future Place Consultancy Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		387	325

Current assets

Debtors	6	24,692	10,617
Cash at bank and in hand		16,574	21,438
		--------	--------
		41,266	32,055

Creditors: amounts falling due within one year	7	18,025		17,294
		--------		--------
Net current assets			23,241	14,761
			--------	--------
Total assets less current liabilities			23,628	15,086

Provisions

Taxation including deferred tax	74	62
	--------	--------
Net assets	23,554	15,024
	--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	23,454	14,924
	--------	--------
Shareholders funds	23,554	15,024
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

The Future Place Consultancy Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 17 November 2025 , and are signed on behalf of the board by:

Mr R A Poynter

Director

Company registration number: 04200947

The Future Place Consultancy Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 38 Southview Road, Gedling, Nottingham, NG4 3QL.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and machinery	-	25% straight line

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

5. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 April 2024	13,366	13,366
Additions	300	300
	--------	--------
At 31 March 2025	13,666	13,666
	--------	--------
Depreciation
At 1 April 2024	13,041	13,041
Charge for the year	238	238
	--------	--------
At 31 March 2025	13,279	13,279
	--------	--------
Carrying amount
At 31 March 2025	387	387
	--------	--------
At 31 March 2024	325	325
	--------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	17,463	4,860
Other debtors	7,229	5,757
	--------	--------
	24,692	10,617
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Social security and other taxes	1,661	859
Other creditors	16,364	16,435
	--------	--------
	18,025	17,294
	--------	--------