1ST FOR CHILDREN LIMITED

Company Registration Number:
05504368 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 August 2015

End date: 31 July 2016

1ST FOR CHILDREN LIMITED

Abbreviated Balance sheet

As at 31 July 2016


Notes
2016
£
2015
£
Fixed assets
Intangible assets: 2 10,800 12,000
Tangible assets: 3 1,605 2,193
Total fixed assets: 12,405 14,193
Current assets
Debtors: 9,221
Cash at bank and in hand: 19,256 8,429
Total current assets: 19,256 17,650
Creditors: amounts falling due within one year: 4 ( 31,136 ) ( 19,209 )
Net current assets (liabilities): ( 11,880 ) ( 1,559 )
Total assets less current liabilities: 525 12,634
Creditors: amounts falling due after more than one year: ( 12,314 )
Provision for liabilities: ( 231 )
Total net assets (liabilities): 294 320

The notes form part of these financial statements

1ST FOR CHILDREN LIMITED

Balance sheet continued

As at 31 July 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 5 2 2
Profit and loss account: 292 318
Shareholders funds: 294 320

For the year ending 31 July 2016 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors on 25 April 2017

SIGNED ON BEHALF OF THE BOARD BY:

Name: Clair Cowie
Status: Director

The notes form part of these financial statements

1ST FOR CHILDREN LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements are prepared under the historical cost convention and include the results of the company's operations which are described in the director's report all of which are continuing. They are prepared in accordance with the Companies Act 2006 applicable to small companies and comply with Financial Reporting Standards

    Turnover policy

    . Turnover is recognised as fees become due

    Tangible fixed assets depreciation policy

    Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

    Equipment 4 years

    Intangible fixed assets amortisation policy

    Depreciation is provided at rates calculated to write off the cost of intangible assets, less their estimated residual value, over their expected useful lives on the following bases:

    Goodwill 20 years

1ST FOR CHILDREN LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 2. Intangible assets

    Total
    Cost £
    01 August 2015: 24,000
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 July 2016: 24,000
    Amortisation
    01 August 2015: 12,000
    Provided during the period: 1,200
    On disposals: 0
    Other Adjustments: 0
    31 July 2016: 13,200
    Net book value
    31 July 2016: 10,800
    31 July 2015: 12,000

1ST FOR CHILDREN LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 3. Tangible assets

    Total
    Cost £
    01 August 2015: 18,743
    Additions: 1,250
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 July 2016: 19,993
    Depreciation
    01 August 2015: 16,550
    Charge for year: 1,838
    On disposals: 0
    Other adjustments: 0
    31 July 2016: 18,388
    Net book value
    31 July 2016: 1,605
    31 July 2015: 2,193

1ST FOR CHILDREN LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 4. Creditors: amounts falling due within one year


    2016
    £
    2015
    £
    Bank loans and overdrafts: 12,314 12,061
    Taxation and social security: 7,528 40
    Accruals and deferred income: 11,078 7,108
    Other creditors: 216
    Total: 31,136 19,209

1ST FOR CHILDREN LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2

1ST FOR CHILDREN LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 6. Related party disclosures

    Name of the ultimate controlling party during the period: C COWIE