Company Registration No. 07453955 (England and Wales)
Future Reserve Ltd
Unaudited accounts
for the year ended 30 November 2017
Future Reserve Ltd
Unaudited accounts
Contents
Future Reserve Ltd
Company Information
for the year ended 30 November 2017
Company Number
07453955 (England and Wales)
Registered Office
Second Floor
13 John Prince's Street
London
W1G 0JR
Future Reserve Ltd
Statement of financial position
as at
30 November 2017
Cash at bank and in hand
1
1
Total assets less current liabilities
52
52
Creditors: amounts falling due after more than one year
(51)
(51)
Called up share capital
1
1
For the year ending 30 November 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 13 July 2018.
Maksym Shuba
Director
Company Registration No. 07453955
Future Reserve Ltd
Notes to the Accounts
for the year ended 30 November 2017
Future Reserve Ltd is a private company, limited by shares, registered in England and Wales, registration number 07453955. The registered office is Second Floor, 13 John Prince's Street, London, W1G 0JR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 November 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Investments
Other investments
Valuation at 1 December 2016
51
Valuation at 30 November 2017
51
The company holds more than 20% of the share capital of the company:
Insurance Company Proksima; Country of registration: Ukraine; Share Class: Ordinary; Holds 65.04%
Profit for the last Financial Year £43,160.92
Capital and Reserves £3,037,931.03
5
Creditors: amounts falling due after more than one year
2017
2016
6
Share capital
2017
2016
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Future Reserve Ltd
Notes to the Accounts
for the year ended 30 November 2017
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).