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Company Registration No. 07062485 (England and Wales)
1st Objective Limited Unaudited accounts for the year ended 31 October 2025
1st Objective Limited Unaudited accounts Contents
Page
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1st Objective Limited Company Information for the year ended 31 October 2025
Director
Nicholas Ricketts
Secretary
Richard Lane
Company Number
07062485 (England and Wales)
Registered Office
Denmark House 143 High Street Chalfont St Peter Gerrards Cross SL9 9QL
Accountants
A D Pottie & Co Ltd Denmark House, 143 High St, Chalfont St Peter, Gerrards Cross Buckinghamshire SL9 9QL
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1st Objective Limited Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,400 
5,525 
Investments
200 
200 
5,600 
5,725 
Current assets
Debtors
35,840 
32,580 
Cash at bank and in hand
8,627 
16,070 
44,467 
48,650 
Creditors: amounts falling due within one year
(27,692)
(23,388)
Net current assets
16,775 
25,262 
Total assets less current liabilities
22,375 
30,987 
Creditors: amounts falling due after more than one year
(21,495)
(29,910)
Net assets
880 
1,077 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
780 
977 
Shareholders' funds
880 
1,077 
For the year ending 31 October 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 April 2026 and were signed on its behalf by
Nicholas Ricketts Director Company Registration No. 07062485
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1st Objective Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
1st Objective Limited is a private company, limited by shares, registered in England and Wales, registration number 07062485. The registered office is Denmark House 143 High Street, Chalfont St Peter, Gerrards Cross, SL9 9QL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2024
10,000 
At 31 October 2025
10,000 
Amortisation
At 1 November 2024
10,000 
At 31 October 2025
10,000 
Net book value
At 31 October 2025
- 
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1st Objective Limited Notes to the Accounts for the year ended 31 October 2025
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2024
27,195 
Additions
1,444 
At 31 October 2025
28,639 
Depreciation
At 1 November 2024
21,670 
Charge for the year
1,569 
At 31 October 2025
23,239 
Net book value
At 31 October 2025
5,400 
At 31 October 2024
5,525 
6
Investments
Other investments 
£ 
Valuation at 1 November 2024
200 
Valuation at 31 October 2025
200 
7
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,100 
9,560 
Accrued income and prepayments
323 
386 
Other debtors
24,417 
22,634 
35,840 
32,580 
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
5,666 
5,665 
VAT
6,531 
6,683 
Trade creditors
2,122 
673 
Taxes and social security
12,113 
9,469 
Accruals
1,260 
898 
27,692 
23,388 
9
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
21,495 
29,910 
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1st Objective Limited Notes to the Accounts for the year ended 31 October 2025
10
Loans to directors
At 31 October 2025 the director owed the company £24,264 (2024, £22,481).
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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