IRIS Accounts Production v24.3.0.553 10112394 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101123942023-04-30101123942024-04-30101123942023-05-012024-04-30101123942022-04-30101123942022-05-012023-04-30101123942023-04-3010112394ns15:EnglandWales2023-05-012024-04-3010112394ns14:PoundSterling2023-05-012024-04-3010112394ns10:Director12023-05-012024-04-3010112394ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3010112394ns10:SmallEntities2023-05-012024-04-3010112394ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3010112394ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3010112394ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3010112394ns10:AbridgedAccounts2023-05-012024-04-3010112394ns10:OrdinaryShareClass12023-05-012024-04-3010112394ns10:Director22023-05-012024-04-3010112394ns10:RegisteredOffice2023-05-012024-04-3010112394ns5:CurrentFinancialInstruments2024-04-3010112394ns5:CurrentFinancialInstruments2023-04-3010112394ns5:Non-currentFinancialInstruments2024-04-3010112394ns5:Non-currentFinancialInstruments2023-04-3010112394ns5:ShareCapital2024-04-3010112394ns5:ShareCapital2023-04-3010112394ns5:RetainedEarningsAccumulatedLosses2024-04-3010112394ns5:RetainedEarningsAccumulatedLosses2023-04-3010112394ns5:PlantMachinery2023-05-012024-04-3010112394ns5:FurnitureFittings2023-05-012024-04-3010112394ns5:ComputerEquipment2023-05-012024-04-3010112394ns5:Secured2024-04-3010112394ns5:Secured2023-04-3010112394ns5:AcceleratedTaxDepreciationDeferredTax2024-04-3010112394ns5:AcceleratedTaxDepreciationDeferredTax2023-04-3010112394ns5:DeferredTaxation2023-04-3010112394ns5:DeferredTaxation2023-05-012024-04-3010112394ns5:DeferredTaxation2024-04-3010112394ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 10112394 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

1st Stop Limited

1st Stop Limited (Registered number: 10112394)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


1st Stop Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: P W Muzzlewhite Esq.
Mrs A J Muzzlewhite





REGISTERED OFFICE: Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP





REGISTERED NUMBER: 10112394 (England and Wales)





ACCOUNTANTS: Philip T. Chave & Co
Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

1st Stop Limited (Registered number: 10112394)

Abridged Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 5,945

CURRENT ASSETS
Debtors 66,427 102,316
Cash at bank 1,084 9,933
67,511 112,249
CREDITORS
Amounts falling due within one year 1,158 21,265
NET CURRENT ASSETS 66,353 90,984
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,353

96,929

CREDITORS
Amounts falling due after more than one year - (24,167 )

PROVISIONS FOR LIABILITIES 6 - (1,129 )
NET ASSETS 66,353 71,633

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 66,253 71,533
SHAREHOLDERS' FUNDS 66,353 71,633

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

1st Stop Limited (Registered number: 10112394)

Abridged Balance Sheet - continued
30 April 2024



The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by:





P W Muzzlewhite Esq. - Director


1st Stop Limited (Registered number: 10112394)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

1st Stop 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 presentation currency of the financial statements is the Pound Sterling (£).


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 - 20% on reducing balance
Office equipment - 20% on reducing balance
Computer equipment - 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

1st Stop Limited (Registered number: 10112394)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 27,235
Additions 1,472
Disposals (28,707 )
At 30 April 2024 -
DEPRECIATION
At 1 May 2023 21,290
Charge for year 1,112
Eliminated on disposal (22,402 )
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 5,945

5. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank loans - 34,167

The bank loan is secured by Government guarantee.

6. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax
Accelerated capital allowances - 1,129

Deferred
tax
£   
Balance at 1 May 2023 1,129
Provided during year (1,129 )
Balance at 30 April 2024 -

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100