Accounts Submission

IN THE FUTURE LIMITED - Company Information

Company Accounts and Tax Online 09717579 Board of Directors 1.9.17 31.8.18 31.8.18 false iso4217:GBP xbrli:pure 09717579 2016-09-01 2017-08-31 09717579 2018-08-31 09717579 2017-09-01 2018-08-31 09717579 2017-08-31 09717579 countries:EnglandWales 2017-09-01 2018-08-31 09717579 curr:PoundSterling 2017-09-01 2018-08-31 09717579 uk-bus:PrivateLimitedCompanyLtd 2017-09-01 2018-08-31 09717579 uk-bus:FRS102 2017-09-01 2018-08-31 09717579 uk-bus:AuditExempt-NoAccountantsReport 2017-09-01 2018-08-31 09717579 uk-bus:FullAccounts 2017-09-01 2018-08-31 09717579 uk-bus:RegisteredOffice 2017-09-01 2018-08-31 09717579 uk-bus:Director1 2017-09-01 2018-08-31 09717579 uk-bus:Director1 2017-09-01 09717579 uk-bus:Director1 2018-08-31 09717579 core:AfterOneYear 2018-08-31 09717579 core:AfterOneYear 2017-08-31 09717579 core:WithinOneYear 2018-08-31 09717579 core:WithinOneYear 2017-08-31 09717579 core:WithinOneYear 2017-09-01 2018-08-31 09717579 core:AfterOneYear 2018-08-31 09717579 core:AfterOneYear 2017-08-31 09717579 core:AfterOneYear 2017-09-01 2018-08-31 09717579 core:ShareCapital 2018-08-31 09717579 core:ShareCapital 2017-08-31 09717579 core:RevaluationReserve 2018-08-31 09717579 core:RevaluationReserve 2017-08-31 09717579 core:RetainedEarningsAccumulatedLosses 2018-08-31 09717579 core:RetainedEarningsAccumulatedLosses 2017-08-31 09717579 1 2017-09-01 2018-08-31 09717579 core:LandBuildings 2017-09-01 2018-08-31 09717579 core:LandBuildings 2018-08-31 09717579 core:LandBuildings 2016-09-01 2017-08-31 09717579 core:LandBuildings 2017-08-31 09717579 core:PlantMachinery 2017-09-01 2018-08-31 09717579 core:PlantMachinery 2018-08-31 09717579 core:PlantMachinery 2016-09-01 2017-08-31 09717579 core:PlantMachinery 2017-08-31 09717579 core:FurnitureFittingsToolsEquipment 2017-09-01 2018-08-31 09717579 core:FurnitureFittingsToolsEquipment 2018-08-31 09717579 core:FurnitureFittingsToolsEquipment 2016-09-01 2017-08-31 09717579 core:FurnitureFittingsToolsEquipment 2017-08-31 09717579 core:OfficeEquipment 2017-09-01 2018-08-31 09717579 core:OfficeEquipment 2018-08-31 09717579 core:OfficeEquipment 2016-09-01 2017-08-31 09717579 core:OfficeEquipment 2017-08-31 09717579 core:Vehicles 2017-09-01 2018-08-31 09717579 core:Vehicles 2018-08-31 09717579 core:Vehicles 2016-09-01 2017-08-31 09717579 core:Vehicles 2017-08-31 09717579 core:NetGoodwill 2017-09-01 2018-08-31 09717579 core:NetGoodwill 2018-08-31 09717579 core:NetGoodwill 2016-09-01 2017-08-31 09717579 core:NetGoodwill 2017-08-31 09717579 core:IntangibleAssetsOtherThanGoodwill 2017-09-01 2018-08-31 09717579 core:IntangibleAssetsOtherThanGoodwill 2018-08-31 09717579 core:IntangibleAssetsOtherThanGoodwill 2016-09-01 2017-08-31 09717579 core:IntangibleAssetsOtherThanGoodwill 2017-08-31

Company Registration Number:
09717579 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2018

Period of accounts

Start date: 01 September 2017

End date: 31 August 2018

Contents of the Financial Statements

for the Period Ended 31 August 2018


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 9

Directors' Report Period Ended 31 August 2018

The directors present their report with the financial statements of the company for the period ended 31 August 2018

Principal Activities

commissions charged on the sale of motor vehicles.

Directors

The directors shown below have held office during the whole of the period from 01 September 2017 to 31 August 2018
Mr A Ross

This report was approved by the board of directors on 31 May 2019
And Signed On Behalf Of The Board By:

Name: Mr A Ross
Status: Director

Profit and Loss Account

for the Period Ended 31 August 2018

	2018 £	2017 £
Turnover	2,500	18,104
Cost of sales	-	(9,621)
Gross Profit or (Loss)	2,500	8,483
Administrative Expenses	(10,902)	(8,256)
Operating Profit or (Loss)	(8,402)	227
Profit or (Loss) Before Tax	(8,402)	227
Profit or (Loss) for Period	(8,402)	227

The notes form part of these financial statements

Balance sheet

As at 31 August 2018

	Notes	2018 £	2017 £
Fixed assets
Tangible assets:	2	2,248	3,370
Total fixed assets:		2,248	3,370
Current assets
Debtors:	3	5,540	1,790
Cash at bank and in hand:		1,504	2,570
Total current assets:		7,044	4,360
Creditors: amounts falling due within one year:	4	( 18,478 )	( 8,514 )
Net current assets (liabilities):		( 11,434 )	( 4,154 )
Total assets less current liabilities:		( 9,186 )	( 784 )
Total net assets (liabilities):		( 9,186 )	( 784 )

The notes form part of these financial statements

Balance sheet continued

As at 31 August 2018

	2018 £	2017 £
Capital and reserves
Called up share capital:	1	1
Profit and loss account:	( 9,187 )	( 785 )
Shareholders funds:	( 9,186 )	( 784 )

For the year ending 31 August 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 May 2019
And Signed On Behalf Of The Board By:

Name: Mr A Ross
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 August 2018

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts receivable for good and services net of VAT and trade discounts

Notes to the Financial Statements

for the Period Ended 31 August 2018

2. Tangible assets

	Motor vehicles	Total
Cost	£	£
At 01 September 2017	4,492	4,492
Additions	-	-
Disposals	-	-
Revaluations	-	-
Transfers	-	-
At 31 August 2018	4,492	4,492
Depreciation
At 01 September 2017	1,122	1,122
Charge for year	1,122	1,122
On disposals	-	-
Other adjustments	-	-
At 31 August 2018	2,244	2,244
Net book value
At 31 August 2018	2,248	2,248
At 31 August 2017	3,370	3,370

Notes to the Financial Statements

for the Period Ended 31 August 2018

3. Debtors

	2018 £	2017 £
Trade debtors	1,790	1,790
Prepayments and accrued income	3,750
Total	5,540	1,790

Notes to the Financial Statements

for the Period Ended 31 August 2018

4.Creditors: amounts falling due within one year note

	2018 £	2017 £
Trade creditors	2,934
Taxation and social security	106	106
Accruals and deferred income	1,270	6,770
Other creditors	14,168	1,638
Total	18,478	8,514

Director:		Mr A Ross


Registered office:		Unit 3 Springwater Business Park Stationroad Whittlesey England PE7 2EU


Company Registration Number:		09717579 (England and Wales)

Accounts Submission