IRIS Accounts Production v24.3.0.553 05503387 Board of Directors Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh055033872023-07-31055033872024-07-31055033872023-08-012024-07-31055033872022-07-31055033872022-08-012023-07-31055033872023-07-3105503387ns15:EnglandWales2023-08-012024-07-3105503387ns14:PoundSterling2023-08-012024-07-3105503387ns10:Director12023-08-012024-07-3105503387ns10:Director22023-08-012024-07-3105503387ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3105503387ns10:SmallEntities2023-08-012024-07-3105503387ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3105503387ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3105503387ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3105503387ns10:FullAccounts2023-08-012024-07-3105503387ns10:CompanySecretary12023-08-012024-07-3105503387ns10:RegisteredOffice2023-08-012024-07-3105503387ns5:CurrentFinancialInstruments2023-07-3105503387ns5:CurrentFinancialInstruments2024-07-3105503387ns5:Non-currentFinancialInstruments2023-07-3105503387ns5:Non-currentFinancialInstruments2024-07-3105503387ns5:ShareCapital2023-07-3105503387ns5:ShareCapital2024-07-3105503387ns5:RetainedEarningsAccumulatedLosses2023-07-3105503387ns5:RetainedEarningsAccumulatedLosses2024-07-3105503387ns5:PlantMachinery2023-08-012024-07-3105503387ns5:PlantMachinery2023-07-3105503387ns5:PlantMachinery2024-07-3105503387ns5:PlantMachinery2023-07-3105503387ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3105503387ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3105503387ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-07-3105503387ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-07-31
REGISTERED NUMBER: 05503387 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

FIRST PERSON RESOURCES LIMITED

FIRST PERSON RESOURCES LIMITED (REGISTERED NUMBER: 05503387)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FIRST PERSON RESOURCES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mrs S D Cotterell
Mr A P Cotterell





SECRETARY: Mr A P Cotterell





REGISTERED OFFICE: Suite 15, Darwin House
Lakhpur Court, Dyson Way
Staffordshire Technology Park
Stafford
Staffordshire
ST18 0FX





REGISTERED NUMBER: 05503387 (England and Wales)





ACCOUNTANT: Wynniatt-Husey Ltd
Chartered Accountants
The Old Coach House
Horsefair
Rugeley
Staffordshire
WS15 2EL

FIRST PERSON RESOURCES LIMITED (REGISTERED NUMBER: 05503387)

BALANCE SHEET
31 JULY 2024

31/7/23 31/7/24
£    Notes £   
FIXED ASSETS
1,620 Tangible assets 4 11,236

CURRENT ASSETS
169,450 Debtors 5 153,083
34,674 Prepayments and accrued income 32,456
93,987 Cash at bank 55,232
298,111 240,771
CREDITORS
(91,490 ) Amounts falling due within one year 6 (81,058 )
206,621 NET CURRENT ASSETS 159,713
208,241 TOTAL ASSETS LESS CURRENT
LIABILITIES

170,949

CREDITORS
(61,710 ) Amounts falling due after more than one year 7 (28,934 )
146,531 NET ASSETS 142,015

CAPITAL AND RESERVES
100 Called up share capital 100
146,431 Retained earnings 141,915
146,531 SHAREHOLDERS' FUNDS 142,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

FIRST PERSON RESOURCES LIMITED (REGISTERED NUMBER: 05503387)

BALANCE SHEET - continued
31 JULY 2024


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 Board of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by:




Mrs S D Cotterell - Director



Mr A P Cotterell - Director


FIRST PERSON RESOURCES LIMITED (REGISTERED NUMBER: 05503387)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

First Person Resources 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.

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 etc - 33% on cost and 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 86,418
Additions 14,838
At 31 July 2024 101,256
DEPRECIATION
At 1 August 2023 84,798
Charge for year 5,222
At 31 July 2024 90,020
NET BOOK VALUE
At 31 July 2024 11,236
At 31 July 2023 1,620

FIRST PERSON RESOURCES LIMITED (REGISTERED NUMBER: 05503387)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

5. DEBTORS
31/7/24 31/7/23
£    £   
Amounts falling due within one year:
Trade debtors 97,925 99,703
Other debtors 55,003 69,592
152,928 169,295

Amounts falling due after more than one year:
Other debtors 155 155

Aggregate amounts 153,083 169,450

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Trade creditors 678 452
Taxation and social security 73,393 83,071
Other creditors 6,987 7,967
81,058 91,490

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/7/24 31/7/23
£    £   
Bank loans 23,058 33,034
Other creditors 5,876 28,676
28,934 61,710