Firs Road Investments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08560206

Firs Road Investments Limited

Filleted Unaudited Financial Statements

30 June 2025

Firs Road Investments Limited

Statement of Financial Position

30 June 2025

	2025		2024
			(restated)
Note	£	£	£

Fixed assets

Investments	4		385,922	367,010

Current assets

Debtors	5	102,953	105,207
Cash at bank and in hand		–	3,001
		---------	---------
		102,953	108,208

Creditors: amounts falling due within one year	6	5,638		5,214
		---------		---------
Net current assets			97,315	102,994
			---------	---------
Total assets less current liabilities			483,237	470,004
			---------	---------
Net assets			483,237	470,004
			---------	---------

Capital and reserves

Called up share capital	413,674	413,674
Other reserves	75,541	64,578
Profit and loss account	( 5,978)	( 8,248)
	---------	---------
Shareholders funds	483,237	470,004
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- 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 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Firs Road Investments Limited

Statement of Financial Position (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 12 May 2026 , and are signed on behalf of the board by:

M F Gomez

Director

Company registration number: 08560206

Firs Road Investments Limited

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9 Dansie Close, Poole, BH14 0LN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Employee ownership trust

In accordance with UITF abstract 32 "Employee Benefit Trusts and other intermediate payment arrangements" the company does not include the assets and liabilities of the Trust on its balance sheet to the extent that it considers that it will not retain any economic benefits from the assets of Trust and will not have control of the rights or other access to those present economic benefits.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Investments

	Other investments other than loans
	£
Cost
At 1 July 2024 as restated	367,010
Additions	8,579
Disposals	( 629)
Revaluations	10,962
	---------
At 30 June 2025	385,922
	---------
Impairment
At 1 July 2024 as restated and 30 June 2025	–
	---------

Carrying amount
At 30 June 2025	385,922
	---------
At 30 June 2024	367,010
	---------

The investments as at 30 June 2025 are comprised of £161,159 in Prudential Investment Plan and £224,764 in Charles Stanley & Co Limited.

5. Debtors

	2025	2024
		(restated)
	£	£
Other debtors	102,953	105,207
	---------	---------

Included in other debtors is £101,420 which relates to unpaid share capital balance (2024: £101,420).

6. Creditors: amounts falling due within one year

	2025	2024
		(restated)
	£	£
Trade creditors	3,100	2,804
Other creditors	2,538	2,410
	-------	-------
	5,638	5,214
	-------	-------

7. Prior period errors

The valuation of the investments had previously been incorrectly taken to the revaluation reserve instead of being included in a fair value reserve with any gains and losses being shown on the income statement. This has been corrected by a prior year adjustment. The adjustments to the accounts are shown in the table below.

	As previously reported £	Adjustment £	As restated £
	£	£	£
Revaluation reserve brought forwards	52,660	(52,660)	–
Fair value reserve	–	64,578	64,578
Gain on fair value adjustment to other fixed asset investments	–	11,918	11,918

8. Fair value reserve

The following movements on the fair value reserve are included within other reserves in the statement of changes in equity:

	2025	2024
		(restated)
	£	£
At start of year (as previously reported)	64,578	–
Effects of changes in accounting policies	–	52,660
	--------	--------
At start of year (as restated)	64,578	52,660
Reclassification to fair value reserve from profit and loss account	10,963	11,918
	--------	--------
At end of year	75,541	64,578
	--------	--------

9. Related party transactions

The directors provided the company with an interest free loan during the year. The amount payable to them at the balance sheet date was £558 (2024: £910).