Baby First Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07465563 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Baby First Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

10,690

12,341

CURRENT ASSETS

Stocks

144,273

148,580

Cash at bank

-

6,036

144,273

154,616

CREDITORS

Amounts falling due within one year

5

65,142

57,792

NET CURRENT ASSETS

79,131

96,824

TOTAL ASSETS LESS CURRENT
LIABILITIES

89,821

109,165

CREDITORS

Amounts falling due after more than one
year

6

4,754

4,746

NET ASSETS

85,067

104,419

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

84,967

104,319

SHAREHOLDERS' FUNDS

85,067

104,419

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2026 and were signed on its behalf by:

Mrs E L Hoban - Director

1.	STATUTORY INFORMATION

Baby First Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07465563

Registered office:

Ty Seiont House

Lon Cae Ffynnon

Cibyn Industrial Estate

Caernarfon

Gwynedd

LL55 2BD

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.

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.

Land and buildings

-

Straight line over 15 years

Plant and machinery etc

-

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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2025

and 31 March 2026

20,945

2,639

23,584

DEPRECIATION

At 1 April 2025

9,622

1,621

11,243

Charge for year

1,397

254

1,651

At 31 March 2026

11,019

1,875

12,894

NET BOOK VALUE

At 31 March 2026

9,926

764

10,690

At 31 March 2025

11,323

1,018

12,341

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

1,740

5,000

Trade creditors

29,802

20,420

Taxation and social security

973

6,205

Other creditors

32,627

26,167