FIRSAS (RETAIL) LIMITED

	Page
Accountants' Report	1
Balance Sheet	2
Notes to the Financial Statements	3—4

Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of FIRSAS (RETAIL) LIMITED for the year ended 28 February 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FIRSAS (RETAIL) LIMITED for the year ended 28 February 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of FIRSAS (RETAIL) LIMITED , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of FIRSAS (RETAIL) LIMITED and state those matters that we have agreed to state to the director of FIRSAS (RETAIL) LIMITED , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FIRSAS (RETAIL) LIMITED and its director, as a body, for our work or for this report.

It is your duty to ensure that FIRSAS (RETAIL) LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of FIRSAS (RETAIL) LIMITED . You consider that FIRSAS (RETAIL) LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of FIRSAS (RETAIL) LIMITED . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

9th December 2025

Brindley Goldstein Limited

103 High Street

Waltham Cross

EN8 7AN

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FIRSAS (RETAIL) LIMITED

Balance Sheet

As At 28 February 2025

Balance Sheet

Registered number: 13232185

		2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		20,350

			20,350
CURRENT ASSETS
Stocks	5	2,125
Debtors	6	9,780
Cash at bank and in hand		1,350

		13,255
Creditors: Amounts Falling Due Within One Year	7	(3,668 )

NET CURRENT ASSETS (LIABILITIES)			9,587

TOTAL ASSETS LESS CURRENT LIABILITIES			29,937

NET ASSETS			29,937

CAPITAL AND RESERVES
Called up share capital	8		100
Profit and Loss Account			29,837

SHAREHOLDERS' FUNDS			29,937

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Patrick Doherty

Director

9th December 2025

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

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FIRSAS (RETAIL) LIMITED

Notes to the Financial Statements

For The Year Ended 28 February 2025

Notes to the Financial Statements

1. General Information

FIRSAS (RETAIL) LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 13232185 . The registered office is 103 High Street, Waltham Cross, Hertfordshire, EN8 7AN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 March 2024	26,560	4,962	31,522

As at 28 February 2025	26,560	4,962	31,522

Depreciation
As at 1 March 2024	3,984	1,132	5,116
Provided during the period	5,312	744	6,056

As at 28 February 2025	9,296	1,876	11,172

Net Book Value
As at 28 February 2025	17,264	3,086	20,350

As at 1 March 2024	22,576	3,830	26,406

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FIRSAS (RETAIL) LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

5. Stocks

	2025
	£
Stock	2,125

6. Debtors

	2025
	£
Due within one year
Other debtors	9,780

7. Creditors: Amounts Falling Due Within One Year

	2025
	£
Accruals and deferred income	864
Director's loan account	2,804

	3,668

8. Share Capital

	2025
	£
Allotted, Called up and fully paid	100

9. Related Party Transactions

The company was under the control of Mr P. Doherty throughout the current year. Mr P. Doherty is personally interested in 100% of the company's share capital.

Mr P. Doherty did not receive a dividend from the company during the year.

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