FIRST ADVENTURES LIMITED

Company Registration Number:
SC260386 (Scotland)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 April 2023

End date: 30 September 2024

FIRST ADVENTURES LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

FIRST ADVENTURES LIMITED

Balance sheet

As at 30 September 2024


Notes

18 months to 30 September 2024

2023


£

£
Fixed assets
Intangible assets: 3 350,000 0
Tangible assets: 4 800,000 0
Investments: 5 9,456 9,456
Total fixed assets: 1,159,456 9,456
Current assets
Debtors:   19,762 750,638
Cash at bank and in hand: 331,864 971
Total current assets: 351,626 751,609
Creditors: amounts falling due within one year:   (152,026) (13,015)
Net current assets (liabilities): 199,600 738,594
Total assets less current liabilities: 1,359,056 748,050
Creditors: amounts falling due after more than one year:   (225,663) (225,663)
Total net assets (liabilities): 1,133,393 522,387
Capital and reserves
Called up share capital: 210 100
Share premium account: 613,901
Profit and loss account: 519,282 522,287
Shareholders funds: 1,133,393 522,387

The notes form part of these financial statements

FIRST ADVENTURES LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 December 2024
and signed on behalf of the board by:

Name: Linda Carr
Status: Director

The notes form part of these financial statements

FIRST ADVENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FIRST ADVENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

18 months to 30 September 2024 2023
Average number of employees during the period 37 35

FIRST ADVENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Intangible Assets

Total
Cost £
At 01 April 2023 0
Additions 350,000
At 30 September 2024 350,000
Amortisation
At 01 April 2023 0
Charge for year 0
At 30 September 2024 0
Net book value
At 30 September 2024 350,000
At 31 March 2023 0

FIRST ADVENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 0
Additions 800,000
At 30 September 2024 800,000
Depreciation
At 01 April 2023 0
Charge for year 0
At 30 September 2024 0
Net book value
At 30 September 2024 800,000
At 31 March 2023 0

FIRST ADVENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Fixed investments

Land and buildings