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REGISTERED NUMBER: 03886097 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

First 4 All Limited

First 4 All Limited (Registered number: 03886097)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


First 4 All Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: M Statton





REGISTERED OFFICE: 128 High Street
Crediton
Devon
EX17 4QT





REGISTERED NUMBER: 03886097 (England and Wales)





ACCOUNTANTS: Bedford & Co Limited
128 High Street
Crediton
Devon
EX17 3LQ

First 4 All Limited (Registered number: 03886097)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,821 37,804

CURRENT ASSETS
Stocks 68,136 76,370
Debtors 5 13,349 3,954
Cash at bank and in hand 192,734 238,451
274,219 318,775
CREDITORS
Amounts falling due within one year 6 72,391 78,614
NET CURRENT ASSETS 201,828 240,161
TOTAL ASSETS LESS CURRENT
LIABILITIES

232,649

277,965

PROVISIONS FOR LIABILITIES 7,159 6,741
NET ASSETS 225,490 271,224

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 225,489 271,223
SHAREHOLDERS' FUNDS 225,490 271,224

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 14 August 2024 and were signed by:



M Statton - Director


First 4 All Limited (Registered number: 03886097)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

First 4 All 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.

The company's place of business is Kemps Garden Centre, Oakley Green, Westerleigh, Bristol, BS37 8QZ.

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 from the sale of goods, excluding discounts, rebates, value added tax and other sales taxes.
Revenue is recognised when goods are delivered to customers such that risks and rewards of ownership have been transferred to them and that there is sufficient reliable evidence that delivery of goods has occurred.

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 reducing balance and 25% on reducing balance

Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Cost is calculated on a first in first out basis.

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.

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.

First 4 All Limited (Registered number: 03886097)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account as incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2022 - 21 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 5,005 178,133 183,138
Additions - 3,289 3,289
At 31 December 2023 5,005 181,422 186,427
DEPRECIATION
At 1 January 2023 5,005 140,329 145,334
Charge for year - 10,272 10,272
At 31 December 2023 5,005 150,601 155,606
NET BOOK VALUE
At 31 December 2023 - 30,821 30,821
At 31 December 2022 - 37,804 37,804

Included in the above figures are assets under hire purchase and finance lease agreements with a net book value of nil (2022 - £6,307). The depreciation charged on these assets during the year was nil (2022 - £2,102).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 6,167 1,550
Other debtors 7,182 2,404
13,349 3,954

First 4 All Limited (Registered number: 03886097)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts - 1,544
Trade creditors 21,863 24,916
Taxation and social security 26,497 39,957
Other creditors 24,031 12,197
72,391 78,614

7. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Hire purchase contracts - 1,544