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Company Registration No. 14169854 (England and Wales)
First Avenue Tech Ltd Unaudited accounts for the period from 13 June 2022 to 13 December 2023
First Avenue Tech Ltd Unaudited accounts Contents
Page
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First Avenue Tech Ltd Statement of financial position as at 13 December 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
33,307 
Current assets
Cash at bank and in hand
50,216 
Creditors: amounts falling due within one year
27,886 
Net current assets
78,102 
Net assets
111,409 
Capital and reserves
Called up share capital
10 
Profit and loss account
111,399 
Shareholders' funds
111,409 
For the period ending 13 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 March 2024 and were signed on its behalf by
Mr Madhu Srinivasan Director Company Registration No. 14169854
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First Avenue Tech Ltd Notes to the Accounts for the period from 13 June 2022 to 13 December 2023
1
Statutory information
First Avenue Tech Ltd is a private company, limited by shares, registered in England and Wales, registration number 14169854. The registered office is 60 Penn Way, Welwyn Garden City, Hertfordshire, AL7 3EF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight line method
Fixtures & fittings
25% Straight line method
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 13 June 2022
- 
- 
- 
Additions
36,929 
5,019 
41,948 
At 13 December 2023
36,929 
5,019 
41,948 
Depreciation
Charge for the period
7,386 
1,255 
8,641 
At 13 December 2023
7,386 
1,255 
8,641 
Net book value
At 13 December 2023
29,543 
3,764 
33,307 
5
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
19,878 
Other creditors
(47,764)
(27,886)
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First Avenue Tech Ltd Notes to the Accounts for the period from 13 June 2022 to 13 December 2023
6
Average number of employees
During the period the average number of employees was 0.
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