0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 350,987 11,476 7,371 11,918 367,010 367,010 350,987 xbrli:pure xbrli:shares iso4217:GBP 08560206 2023-07-01 2024-06-30 08560206 2024-06-30 08560206 2023-06-30 08560206 2022-07-01 2023-06-30 08560206 2023-06-30 08560206 2022-06-30 08560206 bus:Director4 2023-07-01 2024-06-30 08560206 bus:Director1 2023-07-01 2024-06-30 08560206 core:WithinOneYear 2024-06-30 08560206 core:WithinOneYear 2023-06-30 08560206 core:ShareCapital 2024-06-30 08560206 core:ShareCapital 2023-06-30 08560206 core:RevaluationReserve 2024-06-30 08560206 core:RevaluationReserve 2023-06-30 08560206 core:RetainedEarningsAccumulatedLosses 2024-06-30 08560206 core:RetainedEarningsAccumulatedLosses 2023-06-30 08560206 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 08560206 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-06-30 08560206 core:DisposalsRepaymentsInvestments core:Non-currentFinancialInstruments 2024-06-30 08560206 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-06-30 08560206 core:CostValuation core:Non-currentFinancialInstruments 2024-06-30 08560206 core:Non-currentFinancialInstruments 2024-06-30 08560206 core:Non-currentFinancialInstruments 2023-06-30 08560206 bus:Director1 2023-06-30 08560206 bus:Director1 2024-06-30 08560206 bus:Director1 2022-06-30 08560206 bus:Director1 2023-06-30 08560206 bus:Director1 2022-07-01 2023-06-30 08560206 bus:SmallEntities 2023-07-01 2024-06-30 08560206 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 08560206 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08560206 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08560206 bus:FullAccounts 2023-07-01 2024-06-30
COMPANY REGISTRATION NUMBER: 08560206
Firs Road Investments Limited
Filleted Unaudited Financial Statements
30 June 2024
Firs Road Investments Limited
Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
£
Fixed assets
Investments
4
367,010
350,987
Current assets
Debtors
5
105,207
103,689
Cash at bank and in hand
3,001
3,160
---------
---------
108,208
106,849
Creditors: amounts falling due within one year
6
5,214
1,500
---------
---------
Net current assets
102,994
105,349
---------
---------
Total assets less current liabilities
470,004
456,336
---------
---------
Net assets
470,004
456,336
---------
---------
Capital and reserves
Called up share capital
413,674
413,674
Revaluation reserve
64,578
52,660
Profit and loss account
( 8,248)
( 9,998)
---------
---------
Shareholders funds
470,004
456,336
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- 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 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Firs Road Investments Limited
Statement of Financial Position (continued)
30 June 2024
These financial statements were approved by the board of directors and authorised for issue on 20 March 2025 , and are signed on behalf of the board by:
M F Gomez
Director
Company registration number: 08560206
Firs Road Investments Limited
Notes to the Financial Statements
Year ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9 Dansie Close, Poole, BH14 0LN.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Employee ownership trust
In accordance with UITF abstract 32 "Employee Benefit Trusts and other intermediate payment arrangements" the company does not include the assets and liabilities of the Trust on its balance sheet to the extent that it considers that it will not retain any economic benefits from the assets of Trust and will not have control of the rights or other access to those present economic benefits.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
4. Investments
Other investments other than loans
£
Cost
At 1 July 2023
350,987
Additions
11,476
Disposals
( 7,371)
Revaluations
11,918
---------
At 30 June 2024
367,010
---------
Impairment
At 1 July 2023 and 30 June 2024
---------
Carrying amount
At 30 June 2024
367,010
---------
At 30 June 2023
350,987
---------
The investments as at 30 June 2024 are comprised of £153,786 in Prudential Investment Plan and £213,224 in Charles Stanley & Co Limited.
5. Debtors
2024
2023
£
£
Other debtors
105,207
103,689
---------
---------
Included in other debtors is £101,420 which relates to unpaid share capital balance (2023: £101,420).
6. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
2,804
Other creditors
2,410
1,500
-------
-------
5,214
1,500
-------
-------
7. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
K J Gomez
90
( 1,000)
( 910)
----
----
-------
----
2023
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
K J Gomez
( 9,459)
11,549
( 2,000)
90
-------
--------
-------
----