First Global (UK) Limited 31/03/2026 iXBRL

Company registration number: 03644072

First Global (UK) Limited

Financial statements

31 March 2026

First Global (UK) Limited

Contents

Directors and other information

Strategic report

Directors report

Independent auditor's report to the members

Statement of comprehensive income

Statement of financial position

Statement of changes in equity

Statement of cash flows

Notes to the financial statements

First Global (UK) Limited

Directors and other information


	Directors	Devina Mehra
		Neeraj Khanna
		Rajesh M Pore


	Secretary	Devina Mehra


	Company number	03644072


	Registered office	46 Station Road
		North Harrow
		Middlesex
		HA2 7SE


	Auditor	Nagle James Associates Limited
		4th Floor, Kings Suite
		15 College Road, Harrow
		Middlesex, UK
		HA1 1BA

First Global (UK) Limited

Strategic report

Year ended 31 March 2026

Financial risk management objectives and policies

The Company's business turnover and gross profit has increased during the year under review compared with the previous year. The company will continue to explore all avenues to increase its revenue in the coming years.

Business environment and Key Performance indicators

The company's financial performance improved significantly during the year. Turnover increased by £96,161, from £286,322 in 2025 to £382,483 in 2026, representing an increase of 33.6%.

Gross profit increased from £130,814 to £202,957, while the gross profit margin improved from 45.7% to 53.1%. The company achieved an operating profit and profit before taxation of £36,349, compared with a loss of £31,031 in the previous year.

The directors expect the company's revenue, profitability and overall financial position to continue improving during the next financial year. The company also maintained a high standard of customer service and received no significant customer complaints during the year.

Competition

The company has its own set of clients and therefore, there is no issue of competition being faced by the company.

Principal risks and uncertainties

The company does not do any prop trading in equity and derivatives.

This report was approved by the board of directors on 27 July 2026 and signed on behalf of the board by:

Neeraj Khanna

Director

First Global (UK) Limited

Directors report

Year ended 31 March 2026

The directors present their report and the financial statements of the company for the year ended 31 March 2026.

Directors

The directors who served the company during the year were as follows:


Devina Mehra
Neeraj Khanna
Rajesh M Pore

Dividends

The directors do not recommend the payment of a dividend.

Future developments

The directors aim to continue with the management policies to grow their business and control costs.

While we remain cautious about the current economic climate, we hope to demonstrate the strength of our business model with the continued support of our customers and employees and successful relationships with our service providers.

Financial instruments

The company is not exposed to material levels of credit, liquidity and interest rate risks. The management monitors the net debt and cashflows on a regular basis and that adequate working capital is in place.

The directors have also taken all possible measures to ensure that its trading activities are properly controlled and only trade with customers after all the checks and processes have been completed.

Directors responsibilities statement

The directors are responsible for preparing the strategic report, directors report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

The auditor is deemed to have been re-appointed in accordance with section 487 of the Companies Act 2006.

This report was approved by the board of directors on 27 July 2026 and signed on behalf of the board by:

Neeraj Khanna

Director

First Global (UK) Limited

Independent auditor's report to the members of

First Global (UK) Limited

Year ended 31 March 2026

Opinion

We have audited the financial statements of First Global (UK) Limited (the 'company') for the year ended 31 March 2026 which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity, statement of cash flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: - give a true and fair view of the state of the company's affairs as at 31 March 2026 and of its profit for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- the information given in the strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and the returns; or - certain disclosures of directors' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by: - making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.To address the risk of fraud through management bias and override of controls, we:- performed analytical procedures to identify any unusual or unexpected relationships;- tested journal entries to identify unusual transactions;- assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and- investigated the rationale behind significant or unusual transactions.In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:- agreeing financial statement disclosures to underlying supporting documentation; and- enquiring of management as to actual and potential litigation and claims. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. we also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditors report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Kaushik Nathwani (Senior Statutory Auditor)

For and on behalf of

Nagle James Associates Limited

Statutory Auditors and Chartered Accountants

4th Floor, Kings Suite

15 College Road, Harrow

Middlesex, UK

HA1 1BA

27 July 2026

First Global (UK) Limited

Statement of comprehensive income

Year ended 31 March 2026

		2026	2025
	Note	£	£


Turnover	4		382,483	286,322
Cost of sales			( 179,526)	( 155,508)
			_______	_______
Gross profit			202,957	130,814

Administrative expenses			( 166,608)	( 161,845)
			_______	_______
Operating profit/(loss)	5		36,349	( 31,031)

			_______	_______
Profit/(loss) before taxation			36,349	( 31,031)

Tax on profit/(loss)	8		-	-
			_______	_______
Profit/(loss) for the financial year and total comprehensive income			36,349	( 31,031)
			_______	_______

All the activities of the company are from continuing operations.

First Global (UK) Limited

Statement of financial position

31 March 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Intangible assets	9	-		16,000
		_______		_______
			-		16,000

Current assets
Debtors	11	425,003		322,588
Cash at bank and in hand		4,808		4,637
		_______		_______
		429,811		327,225
Creditors: amounts falling due
within one year	12	( 160,685)		( 110,448)
		_______		_______
Net current assets			269,126		216,777
			_______		_______
Total assets less current liabilities			269,126		232,777

			_______		_______
Net assets			269,126		232,777
			_______		_______

Capital and reserves
Called up share capital	13		750,000		750,000
Profit and loss account	14		( 480,874)		( 517,223)
			_______		_______
Shareholders funds			269,126		232,777
			_______		_______

These financial statements were approved by the board of directors and authorised for issue on 27 July 2026 , and are signed on behalf of the board by:

Neeraj Khanna

Director

Company registration number: 03644072

First Global (UK) Limited

Statement of changes in equity

Year ended 31 March 2026

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2024	750,000	( 486,192)	263,808

Profit/(loss) for the year		( 31,031)	( 31,031)
	_______	_______	_______
Total comprehensive income for the year	-	( 31,031)	( 31,031)

	_______	_______	_______
At 31 March 2025 and 1 April 2025	750,000	( 517,223)	232,777

Profit/(loss) for the year		36,349	36,349
	_______	_______	_______
Total comprehensive income for the year	-	36,349	36,349

	_______	_______	_______
At 31 March 2026	750,000	( 480,874)	269,126
	_______	_______	_______

First Global (UK) Limited

Statement of cash flows

Year ended 31 March 2026

	2026	2025
	£	£

Cash flows from operating activities
Profit/(loss) for the financial year	36,349	( 31,031)

Adjustments for:
Amortisation of intangible assets	16,000	16,000
Accrued expenses/(income)	2,772	601

Changes in:
Trade and other debtors	( 102,415)	( 51,946)
Trade and other creditors	44,573	( 4,355)
	_______	_______
Cash generated from operations	( 2,721)	( 70,731)
	_______	_______
Net cash used in operating activities	( 2,721)	( 70,731)
	_______	_______


Cash flows from financing activities
Proceeds from borrowings	-	( 4,113)
Proceeds from loans from group undertakings	2,892	76,494
	_______	_______
Net cash from financing activities	2,892	72,381
	_______	_______

Net increase/(decrease) in cash and cash equivalents	171	1,650
Cash and cash equivalents at beginning of year	4,637	2,987
	_______	_______
Cash and cash equivalents at end of year	4,808	4,637
	_______	_______

First Global (UK) Limited

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is First Global (UK) Limited, 46 Station Road, North Harrow, Middlesex, HA2 7SE.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and 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 and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis, as the parent company has demonstrated its intention to continue providing financial support to the company for the foreseeable future. On this basis, the directors consider that the company will be able to meet its liabilities as they fall due and therefore the going concern basis of preparation is appropriate.

Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to profit or loss.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Other intangible assets	-	`straight line over life of 15 years`

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	20 %
Other tangible assets	-	straight line over life of 15 years

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company 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. Turnover

Turnover arises from:

	2026	2025
	£	£
Rendering of services	382,483	286,322
	_______	_______

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

Turnover represents amounts derived from the principal activity of the company. Due to the nature of the transactions it is difficult to split accurately the turnover according to the location.

5. Operating profit/loss

Operating profit/loss is stated after charging/(crediting):

	2026	2025
	£	£
Amortisation of intangible assets	16,000	16,000
Foreign exchange differences	1,504	8,478
Fees payable for the audit of the financial statements	9,247	6,780
	_______	_______

6. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to:

	2026	2025
Administrative staff	1	1
	_______	_______

The aggregate payroll costs incurred during the year were:

	2026	2025
	£	£
Wages and salaries	84,000	84,000
	_______	_______

7. Directors remuneration

The directors aggregate remuneration in respect of qualifying services was:

	2026	2025
	£	£
Remuneration	84,000	84,000
	_______	_______

8. Tax on profit/loss

Reconciliation of tax expense

	2026	2025
	£	£
Profit/(loss) before taxation	36,349	( 31,031)
	_______	_______

Profit/(loss) multiplied by rate of tax	9,087	( 7,758)
Effect of expenses not deductible for tax purposes	4,000	4,000
Effect of capital allowances and depreciation	( 394)	( 481)
Tax losses carried forward	( 12,693)	4,239
	_______	_______
Tax on profit/loss	-	-

9. Intangible assets

	Trading System Software	Total
	£	£
Cost
At 1 April 2025 and 31 March 2026	240,000	240,000
	_______	_______
Amortisation
At 1 April 2025	224,000	224,000
Charge for the year	16,000	16,000
	_______	_______
At 31 March 2026	240,000	240,000
	_______	_______
Carrying amount
At 31 March 2026	-	-
	_______	_______
At 31 March 2025	16,000	16,000
	_______	_______

10. Tangible assets

		Total
		£
	Cost
	At 1 April 2025 and 31 March 2026	-
		_______
	Depreciation
	At 1 April 2025 and 31 March 2026	-
		_______
	Carrying amount
	At 31 March 2026	-
		_______
	At 31 March 2025	-
		_______

11. Debtors

	2026	2025
	£	£
Trade debtors	39,482	33,405
Amounts owed by group undertakings	207,909	122,351
Prepayments and accrued income	380	-
Other debtors	177,232	166,832
	_______	_______
	425,003	322,588
	_______	_______

Other debtors includes advances made to connected companies amounting to £156,688 (2025 - £152, 107). The outstanding balance is repayable on demand.

Other debtors includes advances made to Director amounting to £19,784 (2025 - £13,965).

12. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	57,144	12,571
Amounts owed to group undertakings	85,706	82,814
Accruals and deferred income	17,835	15,063
	_______	_______
	160,685	110,448
	_______	_______

13. Called up share capital

Issued, called up and fully paid

	2026		2025
	No	£	No	£
Ordinary shares shares of £ 1.00 each	600,000	600,000	600,000	600,000
Redeemable preference shares of £ 1.00 each	150,000	150,000	150,000	150,000
	_______	_______	_______	_______
	750,000	750,000	750,000	750,000
	_______	_______	_______	_______

14. Reserves

Called-up share capital – represents the nominal value of shares that have been issued.Profit and loss account – includes all current and prior period retained profits and losses.

15. Analysis of changes in net debt

	At 1 April 2025	Cash flows	At 31 March 2026
	£	£	£
Cash and cash equivalents	4,637	171	4,808
Debt due within one year	(82,814)	(2,892)	(85,706)
	_______	_______	_______
	( 78,177)	( 2,721)	( 80,898)
	_______	_______	_______

16. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2026
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Devina Mehra	13,965	89,819	( 84,000)	19,784
		_______	_______	_______	_______

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Devina Mehra	( 4,113)	18,078	-	13,965
		_______	_______	_______	_______

Amount due by Devina Mehra at year end amounted to £19,784 (2025: - £13,965) this amount was repaid after the year end.

During the year, the company purchased services from Mr. Rajesh Pore who is also a company director. The total invoices raised during the year by Mr. Rajesh Pore amounted to £20,500 (2025: £22, 100) and the balance outstanding at the year end was £ Nil (2025: Nil).

17. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2026	2025	2026	2025
	£	£	£	£
First Global (India) Holdings Ltd - Common director	6,000	-	15,574	9,574
First Global Stockbroking Pvt Ltd - Parent Company	( 2,892)	( 76,495)	( 85,706)	( 82,814)
FG Capital Management Ltd - *	79,558	38,021	189,472	109,913
Caffe Di Artisan (Global Holdings Ltd) - *	-	709	11,593	11,593
Spurimo Investments Ltd - *	-	246	39,833	39,833
Hillbro Investments Ltd - *	6,368	-	6,368	-
Armagh Holdings Ltd - *	( 1,547)	2,209	88,226	89,772
Vernos Investment Ltd - *	( 241)	309	10,668	10,909
FG Capital LLC -*	-	-	2,411	2,411
FG Capital SPC -*	-	-	453	453
	_______	_______	_______	_______

* Shares held by Ms Devina Mehra , Director. The above related party balances are unsecured and payable on demand.

18. Controlling party

The company's immediate parent undertaking is First Global Stockbroking Private Limited, a company incorporated in India.The largest and smallest group of undertakings for which consolidated financial statements are drawn up is headed by First Global Stockbroking Private Limited. Its registered office is at Ratnam Square, First Floor, Plot No 38/39, Sector 19A, Vashi, New Mumbai 400703.The ultimate controlling party is Devina Mehra .