FIRST ESTATE MANAGEMENT LIMITED

Registered number

07679325

Report and Unaudited Accounts

30 June 2025

FIRST ESTATE MANAGEMENT LIMITED
Report and accounts
Contents




Page

Company information	1
Director's report	2
Accountants' report	3
Profit and loss account	4
Balance sheet	5
Statement of changes in equity	6
Notes to the accounts	7

FIRST ESTATE MANAGEMENT LIMITED

Company Information

Director

John Austin Tadros

Accountants

FLINTHAM MACKENZIE LIMITED

277-279 Chiswick High Road

London

W4 4PU

Registered office

277-279 Chiswick High Road

London

W4 4PU

Registered number

07679325

FIRST ESTATE MANAGEMENT LIMITED
Registered number:		07679325
Director's Report

The director presents his report and accounts for the year ended 30 June 2025.

Principal activities
The company's principal activity during the year continued to be media consultancy and investments.

Directors
The following persons served as directors during the year:

	John Austin Tadros

Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 6 August 2025 and signed on its behalf.





John Austin Tadros
Director

FIRST ESTATE MANAGEMENT LIMITED

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of FIRST ESTATE MANAGEMENT LIMITED for the year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FIRST ESTATE MANAGEMENT LIMITED for the year ended 30 June 2025 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes 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, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance
This report is made solely to the Board of Directors of FIRST ESTATE MANAGEMENT LIMITED, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of FIRST ESTATE MANAGEMENT LIMITED and state those matters that we have agreed to state to the Board of Directors of FIRST ESTATE MANAGEMENT LIMITED, 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 ESTATE MANAGEMENT LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that FIRST ESTATE MANAGEMENT LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of FIRST ESTATE MANAGEMENT LIMITED. You consider that FIRST ESTATE MANAGEMENT LIMITED 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 accounts of FIRST ESTATE MANAGEMENT LIMITED. 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 accounts.

FLINTHAM MACKENZIE LIMITED
Chartered Accountants
277-279 Chiswick High Road
London
W4 4PU

6 August 2025

FIRST ESTATE MANAGEMENT LIMITED
Profit and Loss Account
for the year ended 30 June 2025


	2025		2024
£		£

Turnover	-		1

Administrative expenses	(1,080)		(5,664)

Operating loss	(1,080)		(5,663)

Interest receivable	53,095		99,162

Profit before taxation	52,015		93,499

Tax on profit	-		(21,096)

Profit for the financial year	52,015		72,403

FIRST ESTATE MANAGEMENT LIMITED
Registered number:		07679325
Balance Sheet
as at 30 June 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	572			572
Cash at bank and in hand		1,233,186			1,322,168
		1,233,758			1,322,740

Creditors: amounts falling due within one year	4	(289,964)			(430,961)

Net current assets			943,794			891,779

Net assets			943,794			891,779

Capital and reserves
Called up share capital			1			1
Profit and loss account			943,793			891,778

Shareholder's funds			943,794			891,779

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




John Austin Tadros
Director
Approved by the board on 6 August 2025

FIRST ESTATE MANAGEMENT LIMITED
Statement of Changes in Equity
for the year ended 30 June 2025

Share		Share		Re-		Profit		Total
capital		premium		valuation		and loss
reserve						account
£		£		£		£		£

At 1 July 2023	1		-		-		819,375		819,376

Profit for the financial year							72,403		72,403


At 30 June 2024	1		-		-		891,778		891,779



At 1 July 2024	1		-		-		891,778		891,779

Profit for the financial year							52,015		52,015


At 30 June 2025	1		-		-		943,793		943,794

FIRST ESTATE MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 30 June 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	1		1


3	Debtors	2025		2024
£			£

	Other debtors	572		572


4	Creditors: amounts falling due within one year	2025		2024
£			£

	Taxation and social security costs	561		21,657
	Other creditors	289,403		409,304
		289,964		430,961


5	Other information

	FIRST ESTATE MANAGEMENT LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	277-279 Chiswick High Road
	London
	W4 4PU

FIRST ESTATE MANAGEMENT LIMITED
Detailed profit and loss account
for the year ended 30 June 2025
This schedule does not form part of the statutory accounts

	2025		2024
£		£

Sales	-		1

Administrative expenses	(1,080)		(5,664)

Operating loss	(1,080)		(5,663)

Interest receivable	53,095		99,162

Profit before tax	52,015		93,499

FIRST ESTATE MANAGEMENT LIMITED
Detailed profit and loss account
for the year ended 30 June 2025
This schedule does not form part of the statutory accounts

		2025		2024
£			£
Sales
Sales		-		1

Administrative expenses
Employee costs:
	Travel and subsistence	-		647
	Motor expenses	-		79
	Entertaining	-		259
		-		985
General administrative expenses:
	Bank charges	120		133
	Insurance	-		( 1,253 )
	Software	-		1,717
		120		597
Legal and professional costs:
	Accountancy fees	960		960
	Advertising and PR	-		3,122
		960		4,082

		1,080		5,664