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REGISTERED NUMBER: 04039956 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

Stepfirst Limited

| Stepfirst Limited (Registered number: 04039956) |

Contents of the Financial Statements

for the Year Ended 30 September 2025

Page |

| Company Information | 1 |

| Abridged Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| Stepfirst Limited |

Company Information

for the Year Ended 30 September 2025

| DIRECTOR: | Mrs E Carvetta

| SECRETARY: | V F Carvetta

| REGISTERED OFFICE: | 31 Walker Avenue

| Wolverton Mill East

| Milton Keynes

| Buckinghamshire

| MK12 5TW

| REGISTERED NUMBER: | 04039956 (England and Wales)

| ACCOUNTANTS: | Carrington-May

| Chartered Certified Accountants

| 31 Walker Avenue

| Wolverton Mill East

| Milton Keynes

| Buckinghamshire

| MK12 5TW

| Stepfirst Limited (Registered number: 04039956) |

Abridged Statement of Financial Position

30 September 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 30,404 |  | 36,949 |  |

CURRENT ASSETS

Stocks | 18,236 |  | 19,490 |  |

Debtors | 26,344 |  | 4,007 |  |

Cash at bank and in hand | 27,297 |  | 16,814 |  |

71,877 |  | 40,311 |  |

CREDITORS

Amounts falling due within one year | 50,213 |  | 40,187 |  |

NET CURRENT ASSETS | 21,664 |  | 124 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 52,068 |  | 37,073 |  |

CREDITORS

Amounts falling due after more than one year | - |  | (11,057 | ) |

PROVISIONS FOR LIABILITIES | (3,599 | ) | (4,717 | ) |

NET ASSETS | 48,469 |  | 21,299 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 48,369 |  | 21,199 |  |

SHAREHOLDERS' FUNDS | 48,469 |  | 21,299 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

| Stepfirst Limited (Registered number: 04039956) |

Abridged Statement of Financial Position - continued

30 September 2025

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 June 2026 and were signed by:

Mrs E Carvetta - Director

| Stepfirst Limited (Registered number: 04039956) |

Notes to the Financial Statements

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Stepfirst Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| The directors have considered the future trading activity of the company. The company is continuing to trade profitably . The cash flow position is being maintained on a consistent basis . The directors consider that the going concern basis of preparation to be appropriate.

| 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.

| Improvements to property | - | 5% on reducing balance

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Pension costs and other post-retirement benefits

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

| Stepfirst Limited (Registered number: 04039956) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 8 ) .

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | Plant and |  | and |  | Computer |

| property |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 October 2024 | 32,500 |  | 11,691 |  | 57,207 |  | 12,235 |  | 113,633 |  |

| Additions | - |  | - |  | - |  | 418 |  | 418 |  |

| At 30 September 2025 | 32,500 |  | 11,691 |  | 57,207 |  | 12,653 |  | 114,051 |  |

| DEPRECIATION

| At 1 October 2024 | 20,781 |  | 10,872 |  | 33,747 |  | 11,284 |  | 76,684 |  |

| Charge for year | 586 |  | 205 |  | 5,865 |  | 307 |  | 6,963 |  |

| At 30 September 2025 | 21,367 |  | 11,077 |  | 39,612 |  | 11,591 |  | 83,647 |  |

| NET BOOK VALUE

| At 30 September 2025 | 11,133 |  | 614 |  | 17,595 |  | 1,062 |  | 30,404 |  |

| At 30 September 2024 | 11,719 |  | 819 |  | 23,460 |  | 951 |  | 36,949 |  |

5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

2025 | 2024 |

£ | £ |

| Mrs E Carvetta

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 22,395 |  | - |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 22,395 |  | - |  |

| At the balance sheet date the sum of £22,395 was owed by the director. (2024 - £134 owed to the director). £22,395 was the maximum amount outstanding during the year . Interest has been paid on the sum outstanding.The sum has been fully repaid post year end.

| During the year the company has paid rent amounting to £14,004 (2024 - £14,004) to Mrs E Carvetta . These transactions are on a commercial , arms length basis .