First Steps Grimsby Limited - Accounts to registrar (filleted) - small 18.2

First Steps Grimsby Limited - Accounts to registrar (filleted) - small 18.2

FIRST STEPS GRIMSBY LIMITED - Company Information

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REGISTERED NUMBER: 04689692 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

FIRST STEPS GRIMSBY LIMITED
FIRST STEPS GRIMSBY LIMITED (REGISTERED NUMBER: 04689692)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


FIRST STEPS GRIMSBY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: Mrs L Dennison
Mrs H Thomas





SECRETARY: Mrs H Thomas





REGISTERED OFFICE: The Ice House
Victor Street
Grimsby
N E Lincolnshire
DN32 7QN





REGISTERED NUMBER: 04689692 (England and Wales)





ACCOUNTANTS: Stevenson & Co
The Old Ambulance Station
Grammar School Road
Brigg
DN20 8AF
Page 1
FIRST STEPS GRIMSBY LIMITED (REGISTERED NUMBER: 04689692)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,610 38,430

CURRENT ASSETS
Cash at bank and in hand 70,156 70,037

CREDITORS
Amounts falling due within one year 5 57,234 65,678
NET CURRENT ASSETS 12,922 4,359
TOTAL ASSETS LESS CURRENT
LIABILITIES
48,532
42,789

PROVISIONS FOR LIABILITIES 6 7,122 7,686
NET ASSETS 41,410 35,103

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 41,310 35,003
SHAREHOLDERS' FUNDS 41,410 35,103

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 5 December 2018 and were signed on its behalf
by:




Mrs H Thomas - Director


The notes form part of these financial statements

Page 2
FIRST STEPS GRIMSBY LIMITED (REGISTERED NUMBER: 04689692)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

First Steps Grimsby 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.
Plant and machinery etc - 20% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2017 - 21 ) .

Page 3 continued...
FIRST STEPS GRIMSBY LIMITED (REGISTERED NUMBER: 04689692)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2017 63,469
Additions 5,415
At 31 March 2018 68,884
DEPRECIATION
At 1 April 2017 25,039
Charge for year 8,235
At 31 March 2018 33,274
NET BOOK VALUE
At 31 March 2018 35,610
At 31 March 2017 38,430

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 4,424 3,751
Tax 18,428 10,500
Social security and other taxes 1,237 1,804
Other creditors 153 115
Directors' current accounts 31,792 48,106
Accrued expenses 1,200 1,402
57,234 65,678

6. PROVISIONS FOR LIABILITIES
31.3.18 31.3.17
£    £   
Deferred tax 7,122 7,686

Deferred
tax
£   
Balance at 1 April 2017 7,686
Credit to Income Statement during year (564 )
Balance at 31 March 2018 7,122

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.18 31.3.17
value: £    £   
100 Ordinary £1 100 100

Page 4 continued...
FIRST STEPS GRIMSBY LIMITED (REGISTERED NUMBER: 04689692)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

8. RESERVES
Retained
earnings
£   

At 1 April 2017 35,003
Profit for the year 76,307
Dividends (70,000 )
At 31 March 2018 41,310

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £70,000 were paid to the directors .

The company is jointly controlled by Mrs L. Dennison and Mrs H. Thomas who each own 50% of the share
capital.

The directors' current accounts are repayable on demand.

Page 5