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REGISTERED NUMBER: 05801077 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

1st For Creative Limited

1st For Creative Limited (Registered number: 05801077)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


1st For Creative Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: Mr T D Golding
Mrs M E Golding





SECRETARY: Mrs M E Golding





REGISTERED OFFICE: 4 Barnmoore Close
Malpas
Cheshire
SY14 8HR





REGISTERED NUMBER: 05801077 (England and Wales)





ACCOUNTANTS: The Accounts Centre
Milton Green Farm
Whitchurch Road
Milton Green
Chester
Cheshire
CH3 9DS

1st For Creative Limited (Registered number: 05801077)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,887 1,105

CURRENT ASSETS
Debtors 6 5,133 2,387
Cash at bank 12,395 22,392
17,528 24,779
CREDITORS
Amounts falling due within one year 7 5,894 7,963
NET CURRENT ASSETS 11,634 16,816
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,521

17,921

CREDITORS
Amounts falling due after more than one
year

8

8,657

12,500
NET ASSETS 6,864 5,421

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6,764 5,321
6,864 5,421

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

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.

1st For Creative Limited (Registered number: 05801077)

Balance Sheet - continued
31 December 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2022 and were signed on its behalf by:





Mrs M E Golding - Director


1st For Creative Limited (Registered number: 05801077)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

1st For Creative Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost

Taxation
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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

1st For Creative Limited (Registered number: 05801077)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2021 8,300
Additions 3,104
At 31 December 2021 11,404
DEPRECIATION
At 1 January 2021 7,195
Charge for year 322
At 31 December 2021 7,517
NET BOOK VALUE
At 31 December 2021 3,887
At 31 December 2020 1,105

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 4,192 2,387
Other debtors 941 -
5,133 2,387

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans and overdrafts 2,662 -
Trade creditors 2,962 176
Taxation and social security - 1,161
Other creditors 270 6,626
5,894 7,963

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.21 31.12.20
£    £   
Bank loans 8,657 12,500

1st For Creative Limited (Registered number: 05801077)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2021 and 31 December 2020:

31.12.21 31.12.20
£    £   
Mr T D Golding
Balance outstanding at start of year - -
Amounts advanced 471 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 471 -

Mrs M E Golding
Balance outstanding at start of year - -
Amounts advanced 471 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 471 -