FIRST EQUITY INVESTMENTS LIMITED

Company Registration Number:
06432193 (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

FIRST EQUITY INVESTMENTS LIMITED

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

FIRST EQUITY INVESTMENTS LIMITED

Company Information

for the Period Ended 30 November 2024




Director: Olanrewaju Akintayo
Registered office: 4
Long Grove Close
Broxbourne
Hertfordshire
EN10 7NP
Company Registration Number: 06432193 (England and Wales)

FIRST EQUITY INVESTMENTS LIMITED

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

Directors

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

This report was approved by the board of directors on 14 August 2025
And Signed On Behalf Of The Board By:

Name: Olanrewaju Akintayo
Status: Director

FIRST EQUITY INVESTMENTS LIMITED

Profit and Loss Account

for the Period Ended 30 November 2024


Notes

2024
£

2023
£
Turnover 63,500 32,364
Cost of sales ( 3,500 ) ( 7,069 )
Gross Profit or (Loss) 60,000 25,295
Administrative Expenses ( 56,433 ) ( 24,099 )
Operating Profit or (Loss) 3,567 1,196
Profit or (Loss) Before Tax 3,567 1,196
Tax on Profit ( 938 ) ( 455 )
Profit or (Loss) for Period 2,629 741

The notes form part of these financial statements

FIRST EQUITY INVESTMENTS LIMITED

Balance sheet

As at 30 November 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 2,400 169
Total fixed assets: 2,400 169
Current assets
Debtors: 5 9,154 23,597
Cash at bank and in hand: 12,731 8,594
Total current assets: 21,885 32,191
Creditors: amounts falling due within one year: 6 ( 938 ) ( 1,101 )
Net current assets (liabilities): 20,947 31,090
Total assets less current liabilities: 23,347 31,259
Creditors: amounts falling due after more than one year: 7 ( 13,131 ) ( 21,172 )
Total net assets (liabilities): 10,216 10,087

The notes form part of these financial statements

FIRST EQUITY INVESTMENTS LIMITED

Balance sheet continued

As at 30 November 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 10,116 9,987
Shareholders funds: 10,216 10,087

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 14 August 2025
And Signed On Behalf Of The Board By:

Name: Olanrewaju Akintayo
Status: Director

The notes form part of these financial statements

FIRST EQUITY INVESTMENTS LIMITED

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

FIRST EQUITY INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

FIRST EQUITY INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 3. Off balance sheet disclosure

    No

FIRST EQUITY INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 December 2023 12,569 12,569
Additions 3,560 3,560
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2024 16,129 16,129
Depreciation
At 01 December 2023 12,400 12,400
Charge for year 1,329 1,329
On disposals - -
Other adjustments - -
At 30 November 2024 13,729 13,729
Net book value
At 30 November 2024 2,400 2,400
At 30 November 2023 169 169

FIRST EQUITY INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Debtors


2024
£

2023
£
Other debtors 9,154 23,597
Total 9,154 23,597

FIRST EQUITY INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 938 455
Other creditors 646
Total 938 1,101

FIRST EQUITY INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

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


2024
£

2023
£
Bank loans and overdrafts 13,131 21,172
Total 13,131 21,172