FIRST RATE LTD

Company Registration Number:
08633427 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

FIRST RATE LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Balance sheet
Additional notes
Balance sheet notes

FIRST RATE LTD

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

The principal activities of the company was that of tuition learning and activity services.



Directors

The director shown below has held office during the whole of the period from
1 April 2024 to 31 March 2025

Dr JULIETTE EDWARDS


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
6 December 2025

And signed on behalf of the board by:
Name: Dr JULIETTE EDWARDS
Status: Director

FIRST RATE LTD

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 2,708 2,011
Total fixed assets: 2,708 2,011
Current assets
Cash at bank and in hand: 57,106 52,903
Total current assets: 57,106 52,903
Creditors: amounts falling due within one year: 4 ( 8,712 ) ( 15,645 )
Net current assets (liabilities): 48,394 37,258
Total assets less current liabilities: 51,102 39,269
Total net assets (liabilities): 51,102 39,269
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 51,101 39,268
Total Shareholders' funds: 51,102 39,269

The notes form part of these financial statements

FIRST RATE LTD

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 6 December 2025
and signed on behalf of the board by:

Name: Dr JULIETTE EDWARDS
Status: Director

The notes form part of these financial statements

FIRST RATE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents fees invoiced.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are depreciated over their useful economic life as follows: Equipment - 20% Reducing Balance

FIRST RATE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

FIRST RATE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 5,855 5,855
Additions 1,099 1,099
Disposals
Revaluations
Transfers
At 31 March 2025 6,954 6,954
Depreciation
At 1 April 2024 3,844 3,844
Charge for year 402 402
On disposals
Other adjustments
At 31 March 2025 4,246 4,246
Net book value
At 31 March 2025 2,708 2,708
At 31 March 2024 2,011 2,011

FIRST RATE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Accruals and deferred income 250 400
Other creditors 8,462 15,245
Total 8,712 15,645