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
First Avenue Tech Ltd
Statement of financial position
as at 13 December 2023
Cash at bank and in hand
50,216
Creditors: amounts falling due within one year
27,886
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
First Avenue Tech Ltd
Notes to the Accounts
for the period from 13 June 2022 to 13 December 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Additions
36,929
5,019
41,948
At 13 December 2023
36,929
5,019
41,948
Charge for the period
7,386
1,255
8,641
At 13 December 2023
7,386
1,255
8,641
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
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.