Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-292024-04-292025-05-22The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-05-01No description of principal activity33falsetruefalse SC523301 2023-05-01 2024-04-29 SC523301 2022-05-01 2023-04-30 SC523301 2024-04-29 SC523301 2023-04-30 SC523301 c:Director5 2023-05-01 2024-04-29 SC523301 c:RegisteredOffice 2023-05-01 2024-04-29 SC523301 d:PlantMachinery 2023-05-01 2024-04-29 SC523301 d:PlantMachinery 2024-04-29 SC523301 d:PlantMachinery 2023-04-30 SC523301 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-29 SC523301 d:MotorVehicles 2023-05-01 2024-04-29 SC523301 d:MotorVehicles 2024-04-29 SC523301 d:MotorVehicles 2023-04-30 SC523301 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-29 SC523301 d:OfficeEquipment 2023-05-01 2024-04-29 SC523301 d:OfficeEquipment 2024-04-29 SC523301 d:OfficeEquipment 2023-04-30 SC523301 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-29 SC523301 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-29 SC523301 d:CurrentFinancialInstruments 2024-04-29 SC523301 d:CurrentFinancialInstruments 2023-04-30 SC523301 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-29 SC523301 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 SC523301 d:ShareCapital 2024-04-29 SC523301 d:ShareCapital 2023-04-30 SC523301 d:RetainedEarningsAccumulatedLosses 2024-04-29 SC523301 d:RetainedEarningsAccumulatedLosses 2023-04-30 SC523301 c:OrdinaryShareClass1 2023-05-01 2024-04-29 SC523301 c:OrdinaryShareClass1 2024-04-29 SC523301 c:OrdinaryShareClass1 2023-04-30 SC523301 c:FRS102 2023-05-01 2024-04-29 SC523301 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-29 SC523301 c:FullAccounts 2023-05-01 2024-04-29 SC523301 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-29 SC523301 e:PoundSterling 2023-05-01 2024-04-29 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC523301










FIRST FOR - GROUP LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 APRIL 2024

 
FIRST FOR - GROUP LIMITED
 

COMPANY INFORMATION


Director
Mr S Ward 




Registered number
SC523301



Registered office
5-10 Dock Place

Edinburgh

EH6 6LU




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
FIRST FOR - GROUP LIMITED
REGISTERED NUMBER: SC523301

STATEMENT OF FINANCIAL POSITION
AS AT 29 APRIL 2024

29 April
30 April
2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
24,417
26,062

  
24,417
26,062

Current assets
  

Debtors: amounts falling due within one year
 5 
25,991
34,444

Cash at bank and in hand
  
2,606
14,175

  
28,597
48,619

Creditors: amounts falling due within one year
 6 
(95,191)
(90,265)

Net current liabilities
  
 
 
(66,594)
 
 
(41,646)

Total assets less current liabilities
  
(42,177)
(15,584)

  

Net liabilities
  
(42,177)
(15,584)


Capital and reserves
  

Called up share capital 
 7 
99
99

Profit and loss account
  
(42,276)
(15,683)

  
(42,177)
(15,584)


Page 1

 
FIRST FOR - GROUP LIMITED
REGISTERED NUMBER: SC523301

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 APRIL 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 period 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 on 22 May 2025.




Mr S Ward
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
FIRST FOR - GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 APRIL 2024

1.


General information

First For - Group Limited is a private company limited by shares incorporated in Scotland with registration number SC523301. The registered office address is 5-10 Dock Place, Edinburgh, EH6 6LU.
The financial statements are presented in sterling which is the functional currency of the company, and rounded to the nearest £.

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

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 3

 
FIRST FOR - GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 APRIL 2024

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


Page 4

 
FIRST FOR - GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 APRIL 2024

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
straight line
Motor vehicles
-
20%
straight line
Office equipment
-
20%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the period was 3 (2023 - 3).

Page 5

 
FIRST FOR - GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 APRIL 2024

4.


Tangible fixed assets







Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 May 2023
537
31,085
872
32,494


Additions
-
5,695
319
6,014



At 29 April 2024

537
36,780
1,191
38,508



Depreciation


At 1 May 2023
170
5,918
344
6,432


Charge for the period on owned assets
107
7,356
196
7,659



At 29 April 2024

277
13,274
540
14,091



Net book value



At 29 April 2024
260
23,506
651
24,417



At 30 April 2023
367
25,167
528
26,062


5.


Debtors

29 April
30 April
2024
2023
£
£


Trade debtors
9,046
30,313

Other debtors
6,944
99

Prepayments and accrued income
-
312

Deferred taxation
10,001
3,720

25,991
34,444


Included within other debtors due within one year is a loan to S Ward, a director, amounting to £5,918 (2023 - £0).



Page 6

 
FIRST FOR - GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 APRIL 2024

6.


Creditors: Amounts falling due within one year

29 April
30 April
2024
2023
£
£

Trade creditors
11,143
6,435

Other taxation and social security
16,236
12,002

Other creditors
65,937
70,128

Accruals and deferred income
1,875
1,700

95,191
90,265



7.


Share capital

29 April
30 April
2024
2023
£
£
Allotted, called up and fully paid



99 (2023 - 99) Ordinary shares of £1.00 each
99
99



Page 7