Company Registration No. 07575624 (England and Wales)
Future of London 2011 Limited
Unaudited accounts
for the year ended 31 March 2022
Future of London 2011 Limited
Unaudited accounts
Contents
Future of London 2011 Limited
Company Information
for the year ended 31 March 2022
Directors
C Forbes
L Garner (Chair)
P J Hayes
J S Lumley
D S Lunts
L Turner
L M Keltie
R A Utuka
R J Seeley
R M Bagenal
A J Were
Company Number
07575624 (England and Wales)
Registered Office
70 Cowcross Street
London
EC1M 6EJ
United Kingdom
Accountants
Honest Advisory Limited
1 Tylecroft Road
London
SW16 4BL
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Future of London 2011 Limited for the year ended 31 March 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Future of London 2011 Limited for the year ended
31 March 2022 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Honest Advisory Limited
Chartered Accountants
1 Tylecroft Road
London
SW16 4BL
17 October 2022
Future of London 2011 Limited
Statement of financial position
as at
31 March 2022
Cash at bank and in hand
449,102
550,898
Creditors: amounts falling due within one year
(350,027)
(390,166)
Net current assets
238,056
232,522
Net assets
238,676
233,349
Profit and loss account
238,676
233,349
Members' funds
238,676
233,349
For the year ending 31 March 2022 the company was entitled to exemption from audit 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2022 and were signed on its behalf by
L Garner (Chair)
Director
Company Registration No. 07575624
Future of London 2011 Limited
Notes to the Accounts
for the year ended 31 March 2022
Future of London 2011 Limited is a private company, limited by guarantee, registered in England and Wales, registration number 07575624. The registered office is 70 Cowcross Street, London, EC1M 6EJ, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance method
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Amounts falling due within one year
Trade debtors
138,981
71,790
Future of London 2011 Limited
Notes to the Accounts
for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
44,655
30,926
Taxes and social security
13,822
8,647
Other creditors
1,159
634
Deferred income
275,151
341,228
7
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 12 (2021: 9).