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REGISTERED NUMBER: 05503387 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

FIRST PERSON RESOURCES LIMITED

FIRST PERSON RESOURCES LIMITED (REGISTERED NUMBER: 05503387)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FIRST PERSON RESOURCES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Mrs S D Cotterell
Mr A P Cotterell





SECRETARY: Mr A P Cotterell





REGISTERED OFFICE: Suite 15, Darwin House
Lakhpur Court, Dyson Way
Staffordshire Technology Park
Stafford
Staffordshire
ST18 0FX





REGISTERED NUMBER: 05503387 (England and Wales)





ACCOUNTANT: Wynniatt-Husey Ltd
Chartered Accountants
The Old Coach House
Horsefair
Rugeley
Staffordshire
WS15 2EL

FIRST PERSON RESOURCES LIMITED (REGISTERED NUMBER: 05503387)

BALANCE SHEET
31 JULY 2023

31/7/22 31/7/23
£    Notes £   
FIXED ASSETS
3,458 Tangible assets 4 1,620

CURRENT ASSETS
187,064 Debtors 5 169,450
52,631 Prepayments and accrued income 34,674
46,876 Cash at bank 93,987
286,571 298,111
CREDITORS
(79,471 ) Amounts falling due within one year 6 (91,490 )
207,100 NET CURRENT ASSETS 206,621
210,558 TOTAL ASSETS LESS CURRENT
LIABILITIES

208,241

CREDITORS
(92,941 ) Amounts falling due after more than one year 7 (61,710 )
117,617 NET ASSETS 146,531

CAPITAL AND RESERVES
100 Called up share capital 100
117,517 Retained earnings 146,431
117,617 SHAREHOLDERS' FUNDS 146,531

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

FIRST PERSON RESOURCES LIMITED (REGISTERED NUMBER: 05503387)

BALANCE SHEET - continued
31 JULY 2023


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 22 November 2023 and were signed on its behalf by:




Mrs S D Cotterell - Director



Mr A P Cotterell - Director


FIRST PERSON RESOURCES LIMITED (REGISTERED NUMBER: 05503387)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

First Person Resources 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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 etc - 33% on cost and 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 85,623
Additions 795
At 31 July 2023 86,418
DEPRECIATION
At 1 August 2022 82,165
Charge for year 2,633
At 31 July 2023 84,798
NET BOOK VALUE
At 31 July 2023 1,620
At 31 July 2022 3,458

FIRST PERSON RESOURCES LIMITED (REGISTERED NUMBER: 05503387)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

5. DEBTORS
31/7/23 31/7/22
£    £   
Amounts falling due within one year:
Trade debtors 99,703 115,423
Other debtors 69,592 71,486
169,295 186,909

Amounts falling due after more than one year:
Other debtors 155 155

Aggregate amounts 169,450 187,064

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/23 31/7/22
£    £   
Trade creditors 452 606
Taxation and social security 83,071 76,232
Other creditors 7,967 2,633
91,490 79,471

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/7/23 31/7/22
£    £   
Bank loans 33,034 42,553
Other creditors 28,676 50,388
61,710 92,941