Company Registration No. 08659250 (England and Wales)
FIRST OPTION ACCOUNTING LIMITED
Unaudited accounts
for the period from 1 September 2022 to 23 August 2023
FIRST OPTION ACCOUNTING LIMITED
Unaudited accounts
Contents
FIRST OPTION ACCOUNTING LIMITED
Company Information
for the period from 1 September 2022 to 23 August 2023
Company Number
08659250 (England and Wales)
Registered Office
SUITE 6, PARKWAY 5, PARKWAY BUSINESS CEN
300 PRINCESS ROAD
MANCHESTER
M14 7HR
ENGLAND
Accountants
CLEARCUT ACCOUNTING LIMITED
SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENT
300 PRINCESS ROAD
MANCHESTER
M14 7HR
FIRST OPTION ACCOUNTING LIMITED
Statement of financial position
as at 23 August 2023
Cash at bank and in hand
2,074
300
Creditors: amounts falling due within one year
(78,163)
(76,385)
Net current assets
1,463
617
Called up share capital
100
100
Profit and loss account
1,363
517
Shareholders' funds
1,463
617
For the period ending 23 August 2023 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 director acknowledges his 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 and authorised for issue on 23 November 2024 and were signed on its behalf by
Shuja Rehman
Director
Company Registration No. 08659250
FIRST OPTION ACCOUNTING LIMITED
Notes to the Accounts
for the period from 1 September 2022 to 23 August 2023
FIRST OPTION ACCOUNTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08659250. The registered office is SUITE 6, PARKWAY 5, PARKWAY BUSINESS CEN, 300 PRINCESS ROAD, MANCHESTER, M14 7HR, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
Trade debtors
36,714
21,192
Other debtors
40,800
55,510
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
30,801
27,252
Taxes and social security
35,280
29,038
Other creditors
8,435
19,675
Loans from directors
3,083
-
6
Average number of employees
During the period the average number of employees was 7 (2022: 7).