FIRMLY ROOTED LTD

Company Registration Number:
13747319 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

FIRMLY ROOTED LTD

Contents of the Financial Statements

for the Period Ended 30 November 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

FIRMLY ROOTED LTD

Company Information

for the Period Ended 30 November 2024




Director: Olubusayo Folake Oluborode
Registered office: Unit 4 Cochran Close
Crownhill Industry
Milton Keynes
England
MK8 0AJ
Company Registration Number: 13747319 (England and Wales)

FIRMLY ROOTED LTD

Directors' Report Period Ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal Activities

Tutoring and Training

Political and charitable donations

The company's charitable donations during the period amounted to £18,089. No political donations were made.

Directors

The directors shown below have held office during the whole of the period from 01 December 2023 to 30 November 2024
Olubusayo Folake Oluborode

This report was approved by the board of directors on 13 June 2025
And Signed On Behalf Of The Board By:

Name: Olubusayo Folake Oluborode
Status: Director

FIRMLY ROOTED LTD

Profit and Loss Account

for the Period Ended 30 November 2024


Notes

2024
£

2023
£
Turnover 193,647 213,213
Cost of sales ( 65,286 ) ( 63,652 )
Gross Profit or (Loss) 128,361 149,561
Administrative Expenses ( 153,783 ) ( 174,790 )
Other operating income 22 25
Operating Profit or (Loss) ( 25,400 ) ( 25,204 )
Profit or (Loss) Before Tax ( 25,400 ) ( 25,204 )
Tax on Profit ( 319 ) ( 2,040 )
Profit or (Loss) for Period ( 25,719 ) ( 27,244 )

The notes form part of these financial statements

FIRMLY ROOTED LTD

Balance sheet

As at 30 November 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 42,816 74,969
Total fixed assets: 42,816 74,969
Current assets
Debtors: 5 907
Cash at bank and in hand: 918 71
Total current assets: 1,825 71
Creditors: amounts falling due within one year: 6 ( 2,419 ) ( 5,708 )
Net current assets (liabilities): ( 594 ) ( 5,637 )
Total assets less current liabilities: 42,222 69,332
Creditors: amounts falling due after more than one year: 7 ( 23,679 ) ( 25,987 )
Total net assets (liabilities): 18,543 43,345

The notes form part of these financial statements

FIRMLY ROOTED LTD

Balance sheet continued

As at 30 November 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 44,261 70,588
Profit and loss account: ( 25,718 ) ( 27,243 )
Shareholders funds: 18,543 43,345

For the year ending 30 November 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.

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

This report was approved by the board of directors on 13 June 2025
And Signed On Behalf Of The Board By:

Name: Olubusayo Folake Oluborode
Status: Director

The notes form part of these financial statements

FIRMLY ROOTED LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    Tangible fixed assets, with the exception of freehold property, are measured using the cost model. These assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing
    the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

    Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives of 4 years using the straight-line method.

FIRMLY ROOTED LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

FIRMLY ROOTED LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 3. Off balance sheet disclosure

    No

FIRMLY ROOTED LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Tangible assets

Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 December 2023 98,800 4,000 27,251 130,051
Additions - - - -
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 30 November 2024 98,800 4,000 27,251 130,051
Depreciation
At 01 December 2023 49,400 2,000 3,682 55,082
Charge for year 24,700 1,000 6,453 32,153
On disposals - - - -
Other adjustments - - - -
At 30 November 2024 74,100 3,000 10,135 87,235
Net book value
At 30 November 2024 24,700 1,000 17,116 42,816
At 30 November 2023 49,400 2,000 23,569 74,969

FIRMLY ROOTED LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Debtors


2024
£

2023
£
Other debtors 907
Total 907

FIRMLY ROOTED LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 1,174
Taxation and social security 2,534
Other creditors 2,419 2,000
Total 2,419 5,708

FIRMLY ROOTED LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Amounts due under finance leases and hire purchase contracts 23,679 25,987
Total 23,679 25,987