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REGISTERED NUMBER: 06362935 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

FIRST MIGRATION LIMITED

FIRST MIGRATION LIMITED (REGISTERED NUMBER: 06362935)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FIRST MIGRATION LIMITED

Company Information
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: D Morgan
A M Antoniak
I Antoniak





REGISTERED OFFICE: Ferrari House
258 Field End Road
Ruislip
Middlesex
HA4 9UU





REGISTERED NUMBER: 06362935 (England and Wales)





ACCOUNTANTS: Diverset Limited
Chartered Accountants
Ferrari House
258 Field End Road
Ruislip
Middlesex
HA4 9UU

FIRST MIGRATION LIMITED (REGISTERED NUMBER: 06362935)

Balance Sheet
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,548 1,214

CURRENT ASSETS
Debtors 5 111,183 83,237
Investments 6 40,592 40,592
Cash at bank 112,494 122,759
264,269 246,588
CREDITORS
Amounts falling due within one year 7 53,713 57,479
NET CURRENT ASSETS 210,556 189,109
TOTAL ASSETS LESS CURRENT LIABILITIES 213,104 190,323

CREDITORS
Amounts falling due after more than one
year

8

(18,673

)

(28,482

)

PROVISIONS FOR LIABILITIES (637 ) (231 )
NET ASSETS 193,794 161,610

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 193,784 161,600
SHAREHOLDERS' FUNDS 193,794 161,610

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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.

FIRST MIGRATION LIMITED (REGISTERED NUMBER: 06362935)

Balance Sheet - continued
30 SEPTEMBER 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 April 2024 and were signed on its behalf by:





A M Antoniak - Director


FIRST MIGRATION LIMITED (REGISTERED NUMBER: 06362935)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

First Migration 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 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.

The directors have concluded that the company is and remains a going concern based on current and prospective business.

Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

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 - 33% on cost
Computer equipment - 25% on reducing balance

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.

Covid-19 related government support
Where the company has received grants or other Government support in connection with COVID-19, these have been accounted as follows :

Government Assistance loans are recognised and accounted as other commercial loans. Where material, grants paid by Government to lenders for fees or first years interest are recognised as other income along with the related costs.

Government or Local Authority grants are recognised in the period in which they are received.

Coronavirus Job Retention Scheme Grants are recognised in the period to which they relate.

Rent or Rates holidays are accounted in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

FIRST MIGRATION LIMITED (REGISTERED NUMBER: 06362935)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 14,117
Additions 2,185
At 30 September 2023 16,302
DEPRECIATION
At 1 October 2022 12,903
Charge for year 851
At 30 September 2023 13,754
NET BOOK VALUE
At 30 September 2023 2,548
At 30 September 2022 1,214

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 111,183 83,237

Included in other debtors is £41,545 (2022: £41,618) owed by D Morgan and £41,545 (2022: £41,618) owed by A Antoniak both directors of the company. Interest was charged at the official rate.

6. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Other 40,592 40,592

The company invested in gold during the year. The director valued the gold at £40,592 at the year end, which was also the cost paid for the gold.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,600 9,600
Trade creditors 1,078 970
Taxation and social security 42,118 45,748
Other creditors 917 1,161
53,713 57,479

FIRST MIGRATION LIMITED (REGISTERED NUMBER: 06362935)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 18,673 28,482

9. CONTROLLING PARTY

The controlling party is D Morgan.