Company Registration Number 04159823 (England and Wales)
SCHOOLS FIRST LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2018
PAGES FOR FILING WITH REGISTRAR
SCHOOLS FIRST LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2018
31 August 2018
- 1 -
2018
2017
Notes
£
£
£
£
Fixed assets
Tangible assets
3,230
3,800
Current assets
Debtors
25,863
2,388
Cash at bank and in hand
2,465
8,927
28,328
11,315
Creditors: amounts falling due within one year
(31,256)
(14,737)
Net current liabilities
(2,928)
(3,422)
Total assets less current liabilities
302
378
Capital and reserves
Called up share capital
110
110
Profit and loss reserves
192
268
Total equity
302
378
Notes to the financial statements
1
Employees
The average number of persons (including directors) employed by the company during the year was 3 (2017 - 4).
(e)
the company has relied on the specified exemption
relating to the preparation of abridged financial statements
contained in section 352 Companies Act 2014;
t
he company has done so on the grounds that it is entitled to the benefit of that exemption as a small company; and
t
he abridged financial statements have been properly prepared in accordance with section 353 Companies Act 2014.
For the year ended 31 August 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
SCHOOLS FIRST LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2018
31 August 2018
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 14 December 2018 and are signed on its behalf by:
J Milner
M Randhawa
Director
Director
Company Registration No. 04159823