FIRST MEDITATION ENTERPRISE LIMITED

Company Registration Number:
04717906 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

FIRST MEDITATION ENTERPRISE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

FIRST MEDITATION ENTERPRISE LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 61,413 80,126
Total fixed assets: 61,413 80,126
Current assets
Debtors: 4 97,776 135,395
Cash at bank and in hand: 85,425 80,842
Total current assets: 183,201 216,237
Creditors: amounts falling due within one year: 5 (92,917) (71,875)
Net current assets (liabilities): 90,284 144,362
Total assets less current liabilities: 151,697 224,488
Creditors: amounts falling due after more than one year: 6 (31,383) (54,274)
Total net assets (liabilities): 120,314 170,214
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 120,214 170,114
Shareholders funds: 120,314 170,214

The notes form part of these financial statements

FIRST MEDITATION ENTERPRISE LIMITED

Balance sheet statements

For the year ending 31 March 2025 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 30 December 2025
and signed on behalf of the board by:

Name: F Kuti
Status: Director

The notes form part of these financial statements

FIRST MEDITATION ENTERPRISE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

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

Turnover policy

Turnover is measured at fair value of the consideration received or receivable net of discounts and value added taxes and includes revenue earned from sale of goods

Tangible fixed assets and depreciation policy

Annual depreciation of assets is calculated as follows: Plant and machinery, fixtures and fittings - 20%

FIRST MEDITATION ENTERPRISE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 29 27

FIRST MEDITATION ENTERPRISE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 131,575
At 31 March 2025 131,575
Depreciation
At 01 April 2024 51,449
Charge for year 18,713
At 31 March 2025 70,162
Net book value
At 31 March 2025 61,413
At 31 March 2024 80,126

FIRST MEDITATION ENTERPRISE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 0 0

FIRST MEDITATION ENTERPRISE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

Bank loans - 10,000 Obligations under finance lease - 12,758 Taxation and social security - 57,122 Other creditors - 13,037

FIRST MEDITATION ENTERPRISE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due after more than one year note

Bank loans - 7,992 Obligations under hire purchase contracts - 23,391