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Company Registration No. 13404154 (England and Wales)
FIRSTGATE DEVELOPMENTS LTD Unaudited accounts for the year ended 31 May 2025
FIRSTGATE DEVELOPMENTS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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FIRSTGATE DEVELOPMENTS LTD Company Information for the year ended 31 May 2025
Director
Jaan YAQUB
Company Number
13404154 (England and Wales)
Registered Office
23 CHELWOOD DRIVE LEEDS WEST YORKSHIRE LS8 2AT UNITED KINGDOM
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
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FIRSTGATE DEVELOPMENTS LTD Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
200,511 
201,279 
Current assets
Debtors
5
31,878 
- 
Cash at bank and in hand
4,346 
39,677 
36,224 
39,677 
Creditors: amounts falling due within one year
6
138,852 
135,907 
Net current assets
175,076 
175,584 
Total assets less current liabilities
375,587 
376,863 
Creditors: amounts falling due after more than one year
7
(387,913)
(387,912)
Net liabilities
(12,326)
(11,049)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(12,327)
(11,050)
Shareholders' funds
(12,326)
(11,049)
For the year ending 31 May 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 25 May 2026 and were signed on its behalf by
Jaan YAQUB Director Company Registration No. 13404154
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FIRSTGATE DEVELOPMENTS LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
FIRSTGATE DEVELOPMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 13404154. The registered office is 23 CHELWOOD DRIVE, LEEDS, WEST YORKSHIRE, LS8 2AT, UNITED KINGDOM.
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:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2024
197,439 
6,000 
203,439 
At 31 May 2025
197,439 
6,000 
203,439 
Depreciation
At 1 June 2024
- 
2,160 
2,160 
Charge for the year
- 
768 
768 
At 31 May 2025
- 
2,928 
2,928 
Net book value
At 31 May 2025
197,439 
3,072 
200,511 
At 31 May 2024
197,439 
3,840 
201,279 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
31,878 
- 
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FIRSTGATE DEVELOPMENTS LTD Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Loans from directors
(139,781)
(136,236)
Accruals
929 
329 
(138,852)
(135,907)
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
387,913 
387,912 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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