1st Contracts Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10496622 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

1st Contracts Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R B Ashworth

L Ashworth

R L Yeomans

Ms M J Yeomans

SECRETARY:

REGISTERED OFFICE:

Ashworth House

71-75 Featherstall Road

Littleborough

Lancashire

OL15 8JZ

REGISTERED NUMBER:

10496622 (England and Wales)

ACCOUNTANTS:

Brian Gumbley Accountancy Services Ltd

Corner House

28 Huddersfield Road

Newhey

Rochdale

Lancashire

OL16 3QF

FIXED ASSETS

Tangible assets

4

357,376

CURRENT ASSETS

Debtors

5

1,388,294

1,110,286

Investments

6

300

Cash at bank

1,997

235,104

1,390,591

1,345,690

CREDITORS

Amounts falling due within one year

7

18,064

77,521

NET CURRENT ASSETS

1,372,527

1,268,169

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,729,903

1,625,545

CREDITORS

Amounts falling due after more than
one year

8

91,313

103,813

NET ASSETS

1,638,590

1,521,732

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

1,638,490

1,521,632

SHAREHOLDERS' FUNDS

1,638,590

1,521,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

L Ashworth - Director

R L Yeomans - Director

1.	STATUTORY INFORMATION

1st Contracts Group 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 March 2025

and 28 February 2026

357,376

NET BOOK VALUE

At 28 February 2026

357,376

At 28 February 2025

357,376

5.

DEBTORS

28.2.26

28.2.25

£

Amounts falling due within one year:

Other debtors

1,388,000

830,000

Amounts falling due after more than one year:

Amounts owed by associates

294

280,286

Aggregate amounts

1,388,294

1,110,286

6.	CURRENT ASSET INVESTMENTS

28.2.26

28.2.25

£

Shares in group undertakings

300

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR

28.2.26

28.2.25

£

Bank loans and overdrafts

10,007

Trade creditors

2

3

Tax

5,055

4,511

VAT

3,000

Directors' current accounts

-

60,000

18,064

77,521

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR

28.2.26

28.2.25

£

Bank loans - 2-5 years

40,388

Bank loans more 5 yr by instal

50,925

63,425

91,313

103,813

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

50,925

63,425

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

100

Ordinary

£1

100