IRIS Accounts Production v24.1.9.2 06034029 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh060340292023-03-31060340292024-03-31060340292023-04-012024-03-31060340292022-03-31060340292022-04-012023-03-31060340292023-03-3106034029ns15:EnglandWales2023-04-012024-03-3106034029ns14:PoundSterling2023-04-012024-03-3106034029ns10:Director12023-04-012024-03-3106034029ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106034029ns10:SmallEntities2023-04-012024-03-3106034029ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106034029ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106034029ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106034029ns10:FullAccounts2023-04-012024-03-3106034029ns10:OrdinaryShareClass12023-04-012024-03-3106034029ns10:CompanySecretary12023-04-012024-03-3106034029ns10:RegisteredOffice2023-04-012024-03-3106034029ns5:CurrentFinancialInstruments2024-03-3106034029ns5:CurrentFinancialInstruments2023-03-3106034029ns5:ShareCapital2024-03-3106034029ns5:ShareCapital2023-03-3106034029ns5:RetainedEarningsAccumulatedLosses2024-03-3106034029ns5:RetainedEarningsAccumulatedLosses2023-03-3106034029ns5:FurnitureFittings2023-04-012024-03-3106034029ns5:PlantMachinery2023-03-3106034029ns5:PlantMachinery2023-04-012024-03-3106034029ns5:PlantMachinery2024-03-3106034029ns5:PlantMachinery2023-03-3106034029ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3106034029ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3106034029ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 06034029 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

First Call Financial (Leics) Ltd

First Call Financial (Leics) Ltd (Registered number: 06034029)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


First Call Financial (Leics) Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Miss L J Norton





SECRETARY: Mrs L Symonds





REGISTERED OFFICE: 41 Tyler Road
Ratby
Leicester
LE6 0NQ





REGISTERED NUMBER: 06034029 (England and Wales)





ACCOUNTANTS: Carter & Co
19 Warren Park Way
Enderby
Leicester
LE19 4SA

First Call Financial (Leics) Ltd (Registered number: 06034029)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,861 7,327

CURRENT ASSETS
Debtors 5 8,663 29,535
Cash at bank 80,675 64,372
89,338 93,907
CREDITORS
Amounts falling due within one year 6 31,448 8,246
NET CURRENT ASSETS 57,890 85,661
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,751

92,988

PROVISIONS FOR LIABILITIES 1,114 1,392
NET ASSETS 62,637 91,596

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 62,537 91,496
SHAREHOLDERS' FUNDS 62,637 91,596

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 25 July 2024 and were signed by:




Miss L J Norton - Director


First Call Financial (Leics) Ltd (Registered number: 06034029)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

First Call Financial (Leics) Ltd 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.
Fixtures and fittings - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 1 (2023 - 2 ) .

First Call Financial (Leics) Ltd (Registered number: 06034029)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 25,832
DEPRECIATION
At 1 April 2023 18,505
Charge for year 1,466
At 31 March 2024 19,971
NET BOOK VALUE
At 31 March 2024 5,861
At 31 March 2023 7,327

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 8,663 8,663
Directors' loan accounts - 20,524
Prepayments - 348
8,663 29,535

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Tax 2,588 7,257
Social security and other taxes 119 -
Directors' loan accounts 27,672 -
Accrued expenses 1,069 989
31,448 8,246

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1.00 100 100

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £37,500 (2023 - £37,000) were paid to the director .