Company registration number 07570674 (England and Wales)
FIRST STEP EMEA LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FIRST STEP EMEA LIMITED
COMPANY INFORMATION
Director
Mr Dilip Mistry
Company number
07570674
Registered office
117 Newtown Road
Newbury
Berkshire
RG14 7ER
Accountants
PBA Accountants and Business Advisers Ltd
Ramsbury House
Charnham Lane
Hungerford
Berkshire
RG17 0EY
Business address
117 Newtown Road
Newbury
Berkshire
RG14 7ER
FIRST STEP EMEA LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3 - 4
FIRST STEP EMEA LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF FIRST STEP EMEA LIMITED
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of First Step EMEA Limited for the year ended 31 March 2024, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the board of directors of First Step EMEA Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of First Step EMEA Limited and state those matters that we have agreed to state to the board of directors of First Step EMEA Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than First Step EMEA Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that First Step EMEA Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that First Step EMEA Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of First Step EMEA Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

PBA Accountants and Business Advisers Ltd
4 October 2024
Chartered Certified Accountants
Ramsbury House
Charnham Lane
Hungerford
Berkshire
RG17 0EY
FIRST STEP EMEA LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
2024
2023
£
£
Turnover
11,111
12,289
Other income
168
61
Staff costs
(10,875)
(12,085)
Depreciation and other amounts written off assets
(199)
(265)
Other charges
(3,391)
(4,514)
Loss
(3,186)
(4,514)
FIRST STEP EMEA LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 3 -
2024
2023
£
£
£
£
Fixed assets
595
794
Current assets
7,763
13,770
Creditors: amounts falling due within one year
(19,001)
(22,072)
Net current liabilities
(11,238)
(8,302)
Total assets less current liabilities
(10,643)
(7,508)
Accruals and deferred income
(825)
(774)
Net liabilities
(11,468)
(8,282)
Capital and reserves
(11,468)
(8,282)
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
-
0
-
0

First Step EMEA Limited is a private company limited by shares incorporated in England and Wales. The registered office is 117 Newtown Road, Newbury, Berkshire, RG14 7ER.

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his 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 the provisions applicable to companies subject to the small companies regime.

FIRST STEP EMEA LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 4 -
The financial statements were approved and signed by the director and authorised for issue on 4 October 2024
Mr Dilip Mistry
Director
Company registration number 07570674 (England and Wales)
FIRST STEP EMEA LIMITED
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024
FIRST STEP EMEA LIMITED
DETAILED BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 5 -
2024
2023
£
£
£
£
Fixed assets
Tangible assets
595
794
Current assets
Stocks
-
287
Debtors
94
76
Cash at bank and in hand
7,669
13,407
7,763
13,770
Creditors: amounts falling due within one year
Loans and overdrafts
19,001
21,948
Taxation and social security
-
124
19,001
22,072
Net current liabilities
(11,238)
(8,302)
Total assets less current liabilities
(10,643)
(7,508)
Provisions for liabilities
-
0
-
0
Accruals and deferred income
(825)
(774)
Net liabilities
(11,468)
(8,282)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(11,568)
(8,382)
Total equity
(11,468)
(8,282)
FIRST STEP EMEA LIMITED
SCHEDULE OF ADMINISTRATIVE EXPENSES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
£
£
Administrative expenses
Staff training
-
150
Directors' remuneration
10,875
12,085
Use of home as office
695
795
Computer running costs
972
861
Travelling expenses
406
1,196
Accountancy services
285
264
Accountancy fees
725
530
Bank charges
168
168
Printing, postage and stationery
4
114
Telephone
282
402
Entertaining
69
21
Sundry expenses
34
13
Profit or loss on foreign exchange
(249)
-
Depreciation
199
265
14,465
16,864
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