Company Registration No. 09695825 (England and Wales)
FORM FIRST LIMITED
Unaudited accounts
for the year ended 31 July 2023
FORM FIRST LIMITED
Unaudited accounts
Contents
FORM FIRST LIMITED
Company Information
for the year ended 31 July 2023
Company Number
09695825 (England and Wales)
Registered Office
88A School Road
Reading
RG31 5AW
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
FORM FIRST LIMITED
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
25,080
24,425
Creditors: amounts falling due within one year
(9,875)
(19,343)
Net current assets
15,205
18,232
Called up share capital
4
4
Profit and loss account
15,201
18,877
Shareholders' funds
15,205
18,881
For the year ending 31 July 2023 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 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.
The financial statements were approved by the Board and authorised for issue on 16 October 2023 and were signed on its behalf by
Wojciech Letos
Director
Company Registration No. 09695825
FORM FIRST LIMITED
Notes to the Accounts
for the year ended 31 July 2023
FORM FIRST LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09695825. The registered office is 88A School Road, Reading, RG31 5AW.
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
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
FORM FIRST LIMITED
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,434
2,074
Loans from directors
6,517
14,802
7
Transactions with related parties
During the year, the company repaid £8,284 of a loan from a member of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the loan of £6,517 was still outstanding and is presented within creditors: amounts falling due within one year.
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).