Company registration number 12207757 (England and Wales)
FIRST ROUND PROPERTIES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
FIRST ROUND PROPERTIES LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF FIRST ROUND PROPERTIES LTD FOR THE YEAR ENDED 30 SEPTEMBER 2024
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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 Round Properties Ltd for the year ended 30 September 2024, which comprise 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of First Round Properties Ltd, as a body, in accordance with the terms of our engagement letter dated 26 September 2024. Our work has been undertaken solely to prepare for your approval the financial statements of First Round Properties Ltd and state those matters that we have agreed to state to the b oard of d irectors of First Round Properties Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than First Round Properties Ltd and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that First Round Properties Ltd 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 Round Properties Ltd 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 Round Properties Ltd. 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 f inancial statements.

DMC North
Chartered Accountants
A1 Marquis Court
Team Valley
Gateshead
NE11 ORU
5 September 2025
FIRST ROUND PROPERTIES LTD
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
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2024
2023
£
£
£
£
Current assets
10,822
7,554
Creditors: amounts falling due within one year
(8,940)
(13,377)
Net current assets/(liabilities)
1,882
(5,823)
Net assets/(liabilities)
1,882
(5,823)
Capital and reserves
1,882
(5,823)
Notes to the financial statements
1
Employees

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

2024
2023
Number
Number
Employees
2
2

First Round Properties Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 37 St Cuthbert's Road, Wallsend, NE28 7JD.

For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their 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 have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 5 September 2025 and are signed on its behalf by:
Mr D D Laing
Mr C J Douglas
Director
Director
Company registration number 12207757 (England and Wales)
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