Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10963939 Mr Kevin Harding Mr Peter Cartwright iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10963939 2023-09-30 10963939 2024-09-30 10963939 2023-10-01 2024-09-30 10963939 frs-core:CurrentFinancialInstruments 2024-09-30 10963939 frs-core:ShareCapital 2024-09-30 10963939 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10963939 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10963939 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10963939 frs-bus:SmallEntities 2023-10-01 2024-09-30 10963939 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10963939 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10963939 frs-bus:Director1 2023-10-01 2024-09-30 10963939 frs-bus:Director2 2023-10-01 2024-09-30 10963939 frs-countries:EnglandWales 2023-10-01 2024-09-30 10963939 2022-09-30 10963939 2023-09-30 10963939 2022-10-01 2023-09-30 10963939 frs-core:CurrentFinancialInstruments 2023-09-30 10963939 frs-core:ShareCapital 2023-09-30 10963939 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10963939
Go First Trading Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10963939
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 10,720 3,164
Debtors 5 - 3,423
Cash at bank and in hand 30,642 29,255
41,362 35,842
Creditors: Amounts Falling Due Within One Year 6 (9,034 ) (6,409 )
NET CURRENT ASSETS (LIABILITIES) 32,328 29,433
TOTAL ASSETS LESS CURRENT LIABILITIES 32,328 29,433
NET ASSETS 32,328 29,433
CAPITAL AND RESERVES
Called up share capital 7 4 4
Profit and Loss Account 32,324 29,429
SHAREHOLDERS' FUNDS 32,328 29,433
For the year ending 30 September 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Kevin Harding
Director
25th November 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Go First Trading Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10963939 . The registered office is 38a Fleckney Road, Kibworth Beauchamp, Leicestershire, LE8 0HE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 1 1
2 2
4. Stocks
2024 2023
£ £
Finished goods 10,720 3,164
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 3,423
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 4,426 2,760
Directors' loan accounts 4,608 3,649
9,034 6,409
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
Page 3