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2024-03-31-accounts

Registered number: 14605960

FUTURE CHALLENGES FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Future Challenges Contents

Page Company Information 1 Income and Expenditure Account 2 Balance Sheet 3 The following pages do not form part of the statutory accounts: Detailed Income and Expenditure Account 4

Future Challenges Company Information For The Year Ended 31 March 2024

Director Mr Mantwa Mayiza Company Number 14605960 Registered Office Front Desk, Dunbar Business Centre 2-3 Sheepscar Court, Northside Business Park Leeds LS7 2BB Accountants MD Consulting Certified Public Accountants, 206 Albright Court 8 Mast Street Barking Essex IG11 7FY

Page 1

Future Challenges Income and Expenditure Account For The Year Ended 31 March 2024

2024 2023 £ £ TURNOVER 821 - Other income 29,700 24,450 Staff costs (8,648) (15,057) Other charges (17,202) (9,341) NET SURPLUS 4,671 52

Page 2

Future Challenges Balance Sheet As At 31 March 2024

Future Challenges
Balance Sheet
As At 31 March 2024
Current assets
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
Accruals and deferred income
NET ASSETS
RESERVES
2024
£
6,473
2023
£
5,802
6,473
5,802
6,473
5,802
(350)
(4,350)
6,123
1,452
6,123
1,452

Notes

1. General Information

Future Challenges is a private company, limited by guarantee, incorporated in England & Wales, registered number 14605960. The registered office is Front Desk, Dunbar Business Centre, 2-3 Sheepscar Court, Northside Business Park, Leeds, LS7 2BB.

  1. Average Number of Employees

Average number of employees, including directors, during the year was: (2023: 1)

  1. 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.

For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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 in accordance with the micro-entity provisions.

On behalf of the board

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Page 3

Future Challenges Detailed Income and Expenditure Account For The Year Ended 31 March 2024

TURNOVER
Donations
OTHER INCOME
Other operating income
STAFF COSTS
Staff training and ICT Trainers
Staff and volunteer travel costs
Subsistence expenses and food distributions
OTHER CHARGES
Premises expenses:
Rent
General administration costs:
Equipment and materials
Computer, IT and website
Insurance
Office and administration costs
Advertising and publicity costs
Independent examiner
Sundry expenses
NET SURPLUS
2024
£
£
821
29,700
30,521
2,920
5,450
278
(8,648)
2,632
2,510
2,540
236
851
442
350
7,641
14,570
(17,202)
4,671
a
2024
£
£
821
29,700
30,521
2,920
5,450
278
(8,648)
2,632
2,510
2,540
236
851
442
350
7,641
14,570
(17,202)
4,671
a
2023
£
£
-
24,450
24,450
1,747
8,070
5,240
(15,057)
3,090
1,580
1,640
-
621
-
350
2,060
6,251
(9,341)
52
f
2023
£
£
-
24,450
24,450
1,747
8,070
5,240
(15,057)
3,090
1,580
1,640
-
621
-
350
2,060
6,251
(9,341)
52
f
30,521
(8,648)
(17,202)
24,450
(15,057)
(9,341)
2,632
2,510
2,540
236
851
442
350
7,641
3,090
1,580
1,640
-
621
-
350
2,060
14,570
6,251
4,671
52

Page 4