REGISTERED NUMBER: OC449594 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FIRST STEPS FOOTBALL LLP

Page

General information

1

Balance sheet

2

Notes to the financial statements

4

Designated members:

Mrs S E Higgs

R Higgs

Registered office:

20 Hawkesbury Road

Shirley

Solihull

West Midlands

B90 2QR

Registered number:

OC449594 (England and Wales)

Accountants:

Athos Business Solutions Limited

1623 Warwick Road

Knowle

Solihull

West Midlands

B93 9LF

FIXED ASSETS

Tangible assets

4

28,644

38,191

Investments

5

17,780

17,100

46,424

55,291

CURRENT ASSETS

Cash at bank

10,200

13,877

CREDITORS

Amounts falling due within one year

6

17,845

5,910

NET CURRENT (LIABILITIES)/ASSETS

(7,645

)

7,967

TOTAL ASSETS LESS CURRENT LIABILITIES

38,779

63,258

CREDITORS

Amounts falling due after more than one year

7

27,920

32,515

NET ASSETS ATTRIBUTABLE TO MEMBERS

10,859

30,743

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

10,859

30,743

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

10,859

30,743

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 19 December 2025 and were signed by:

Mrs S E Higgs - Designated member

R Higgs - Designated member

1.	STATUTORY INFORMATION

First Steps Football LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 28 (2024 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

Cost

At 1 April 2024

and 31 March 2025

38,307

Depreciation

At 1 April 2024

116

Charge for year

9,547

At 31 March 2025

9,663

Net book value

At 31 March 2025

28,644

At 31 March 2024

38,191

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

Cost

At 1 April 2024

and 31 March 2025

36,918

Depreciation

Charge for year

9,229

At 31 March 2025

9,229

Net book value

At 31 March 2025

27,689

At 31 March 2024

36,918

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

£

Franchise Cost

17,780

17,100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

4,595

4,595

Trade creditors

1

-

Taxation and social security

(116

)

665

Other creditors

13,365

650

17,845

5,910

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

27,920

32,515

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

No restrictions.