1 February 2023 false Taxfiler 2024.5 08893314business:PrivateLimitedCompanyLtd2023-02-012024-01-31 088933142023-01-31 088933142023-02-012024-01-31 08893314business:AuditExempt-NoAccountantsReport2023-02-012024-01-31 08893314business:FilletedAccounts2023-02-012024-01-31 088933142024-01-31 08893314business:Director12023-02-012024-01-31 08893314business:Director22023-02-012024-01-31 08893314business:RegisteredOffice2023-02-012024-01-31 088933142023-01-31 08893314core:WithinOneYear2024-01-31 08893314core:WithinOneYear2023-01-31 08893314core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 08893314core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 08893314core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 08893314core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 08893314core:PreviouslyStatedAmount2024-01-31 08893314core:PreviouslyStatedAmount2023-01-31 08893314business:SmallEntities2023-02-012024-01-31 08893314countries:EnglandWales2023-02-012024-01-31 08893314core:PlantMachinery2023-02-012024-01-31 08893314core:PlantMachinery2023-01-31 08893314core:MotorVehicles2023-01-31 08893314core:PlantMachinery2024-01-31 08893314core:MotorVehicles2024-01-31 08893314core:MotorVehicles2023-02-012024-01-31 08893314business:OrdinaryShareClass12023-02-012024-01-31 08893314business:OrdinaryShareClass12022-02-012023-01-31 088933142022-02-012023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08893314 (England and Wales)
Retained 1st Limited Unaudited accounts for the year ended 31 January 2024
Retained 1st Limited Unaudited accounts Contents
Page
- 2 -
Retained 1st Limited Company Information for the year ended 31 January 2024
Directors
G Darke G H Leighton
Company Number
08893314 (England and Wales)
Registered Office
107 Brook Gardens Emsworth PO10 7LB
- 3 -
Retained 1st Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,404 
5,155 
Current assets
Debtors
43,000 
51,152 
Creditors: amounts falling due within one year
(36,913)
(45,066)
Net current assets
6,087 
6,086 
Net assets
9,491 
11,241 
Capital and reserves
Called up share capital
51 
51 
Profit and loss account
9,440 
11,190 
Shareholders' funds
9,491 
11,241 
For the year ending 31 January 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by
G Darke Director Company Registration No. 08893314
- 4 -
Retained 1st Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Retained 1st Limited is a private company, limited by shares, registered in England and Wales, registration number 08893314. The registered office is 107 Brook Gardens, Emsworth, PO10 7LB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation is calculated to write down the cost of tangible assets over their expected useful economic lives as follows:
Plant & machinery
Straight Line Depreciation
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
29,528 
2,500 
32,028 
At 31 January 2024
29,528 
2,500 
32,028 
Depreciation
At 1 February 2023
24,709 
2,164 
26,873 
Charge for the year
1,667 
84 
1,751 
At 31 January 2024
26,376 
2,248 
28,624 
Net book value
At 31 January 2024
3,152 
252 
3,404 
At 31 January 2023
4,819 
336 
5,155 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
43,000 
51,152 
- 5 -
Retained 1st Limited Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
(35,465)
- 
Other creditors
72,378 
44,566 
Accruals
- 
500 
36,913 
45,066 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
51 Ordinary shares of £1 each
51 
51 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -