Futures Supplies & Support Services Ltd - Accounts to registrar (filleted) - small 18.2
Futures Supplies & Support Services Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31st December 2021 |
| for |
| FUTURES SUPPLIES AND SUPPORT SERVICES |
| LIMITED |
| FUTURES SUPPLIES AND SUPPORT SERVICES |
| LIMITED (REGISTERED NUMBER: 03027826) |
| Contents of the Financial Statements |
| for the year ended 31st December 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| FUTURES SUPPLIES AND SUPPORT SERVICES |
| LIMITED |
| Company Information |
| for the year ended 31st December 2021 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Goodman House |
| 13a West Street |
| Reigate |
| Surrey |
| RH2 9BL |
| FUTURES SUPPLIES AND SUPPORT SERVICES |
| LIMITED (REGISTERED NUMBER: 03027826) |
| Balance Sheet |
| 31st December 2021 |
| 2021 | 2020 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Capital redemption reserve | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| FUTURES SUPPLIES AND SUPPORT SERVICES |
| LIMITED (REGISTERED NUMBER: 03027826) |
| Balance Sheet - continued |
| 31st December 2021 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| FUTURES SUPPLIES AND SUPPORT SERVICES |
| LIMITED (REGISTERED NUMBER: 03027826) |
| Notes to the Financial Statements |
| for the year ended 31st December 2021 |
| 1. | STATUTORY INFORMATION |
| Futures Supplies and Support Services Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Land and freehold property | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current tax. A provision for deferred tax has not been made as it was not considered to be material. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| FUTURES SUPPLIES AND SUPPORT SERVICES |
| LIMITED (REGISTERED NUMBER: 03027826) |
| Notes to the Financial Statements - continued |
| for the year ended 31st December 2021 |
| 4. | TANGIBLE FIXED ASSETS |
| Land and | Fixtures |
| freehold | and | Motor |
| property | fittings | vehicles | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st January 2021 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 31st December 2021 |
| DEPRECIATION |
| At 1st January 2021 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 31st December 2021 |
| NET BOOK VALUE |
| At 31st December 2021 |
| At 31st December 2020 |
| 5. | STOCKS |
| 2021 | 2020 |
| £ | £ |
| Stocks |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| VAT | 39,657 | 30,234 |
| Other creditors |
| Accrued expenses |
| FUTURES SUPPLIES AND SUPPORT SERVICES |
| LIMITED (REGISTERED NUMBER: 03027826) |
| Notes to the Financial Statements - continued |
| for the year ended 31st December 2021 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2021 | 2020 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 9. | RESERVES |
| Capital |
| redemption |
| reserve |
| £ |
| At 1st January 2021 |
| and 31st December 2021 |
| 10. | OTHER FINANCIAL COMMITMENTS |
| At 31st December 2021, the company had total leasing commitments contracted for but not provided for in these financial statements of £5,483 (2020 - £921) |
| 11. | RELATED PARTY DISCLOSURES |
| Control of the company is held jointly between the two directors.. |