Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12023-07-01truefalseHolding company1truefalse 12188796 2023-07-01 2024-06-30 12188796 2022-07-01 2023-06-30 12188796 2024-06-30 12188796 2023-06-30 12188796 c:Director1 2023-07-01 2024-06-30 12188796 d:CurrentFinancialInstruments 2024-06-30 12188796 d:CurrentFinancialInstruments 2023-06-30 12188796 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 12188796 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12188796 d:ShareCapital 2024-06-30 12188796 d:ShareCapital 2023-06-30 12188796 c:FRS102 2023-07-01 2024-06-30 12188796 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12188796 c:FullAccounts 2023-07-01 2024-06-30 12188796 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12188796 6 2023-07-01 2024-06-30 12188796 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number:  12188796














1ST CHOICE RECYCLING LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


 
1ST CHOICE RECYCLING LTD
REGISTERED NUMBER: 12188796

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
2,082,929
2,082,929

  
2,082,929
2,082,929

Current assets
  

Debtors: amounts falling due within one year
 5 
1
1

  
1
1

Creditors: amounts falling due within one year
 6 
(2,082,929)
(2,082,929)

Net current liabilities
  
 
 
(2,082,928)
 
 
(2,082,928)

Total assets less current liabilities
  
1
1

  

Net assets
  
1
1


Capital and reserves
  

Called up share capital 
  
1
1

  
1
1


Page 1

 
1ST CHOICE RECYCLING LTD
REGISTERED NUMBER: 12188796
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J March
Director

Date: 19 March 2025

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
1ST CHOICE RECYCLING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England & Wales (no. 12188796). The registered office is 50/52 Bridge Road, Litherland, Liverpool, England, L21 6PH.
These financial statements present information about the company as an individual undertaking. The principal activity of the company is that of a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 3

 
1ST CHOICE RECYCLING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 July 2023
2,082,929



At 30 June 2024
2,082,929





5.


Debtors

2024
2023
£
£


Other debtors
1
1

1
1



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
2,018,069
1,948,369

Other creditors
64,860
134,560

2,082,929
2,082,929



7.


Related party transactions

Included in creditors is an amount of £64,861 (2023: £134,561) owed to J March, a director. The loan is repayable on demand and no interest has been charged.
Also included in creditors is an amount of £2,018,069 (2023: £1,948,368) owed to 1st Choice Concrete and Skip Hire Limited, a subsidiary company. The loan is repayable on demand and no interest has been charged.


8.


Controlling party

The company is under the control of the director.

Page 4