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REGISTERED NUMBER: 05389207 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 March 2024

for

1St Step Management Services Limited

1St Step Management Services Limited (Registered number: 05389207)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


1St Step Management Services Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: A Knight





SECRETARY: A Knight





REGISTERED OFFICE: Unit 21
1 - 2 Davy Road
Clacton-On-Sea
Essex
CO15 4XD





REGISTERED NUMBER: 05389207 (England and Wales)





ACCOUNTANTS: Price Green & Co
Lynnem House
1 Victoria Way
Burgess Hill
West Sussex
RH15 9NF

1St Step Management Services Limited (Registered number: 05389207)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,003 843

CURRENT ASSETS
Debtors 5 29,830 25,606
Cash at bank 21,932 6,468
51,762 32,074
CREDITORS
Amounts falling due within one year 6 35,029 21,294
NET CURRENT ASSETS 16,733 10,780
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,736

11,623

CREDITORS
Amounts falling due after more than one
year

7

6,220

10,833
NET ASSETS 13,516 790

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 13,514 788
SHAREHOLDERS' FUNDS 13,516 790

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

1St Step Management Services Limited (Registered number: 05389207)

Balance Sheet - continued
31 March 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 director and authorised for issue on 28 January 2025 and were signed by:





A Knight - Director


1St Step Management Services Limited (Registered number: 05389207)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

1St Step Management Services 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

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.

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 2 (2023 - 2 ) .

1St Step Management Services Limited (Registered number: 05389207)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 18,744
Additions 3,333
Disposals (9,063 )
At 31 March 2024 13,014
DEPRECIATION
At 1 April 2023 17,901
Charge for year 1,173
Eliminated on disposal (9,063 )
At 31 March 2024 10,011
NET BOOK VALUE
At 31 March 2024 3,003
At 31 March 2023 843

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 22,680 15,665
Other debtors 7,150 9,941
29,830 25,606

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 7,975 7,997
Taxation and social security 20,371 6,634
Other creditors 1,683 1,663
35,029 21,294

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 6,220 10,833

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £26,559 (2023 - £19,500) were paid to the director .

1St Step Management Services Limited (Registered number: 05389207)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. ULTIMATE CONTROLLING PARTY

During the current and previous years the company was under the control of the director.