First Mats Limited

Notes

1. General Information

First Mats Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07049938 . The registered office is Cambrai Court 1229 Stratford Road, Hall Green, Birmingham, B28 9AA.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 5)

3. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 November 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2025
	£	£	£	£	£
Mr Richard O'Connor	-	10,000	5,624	-	4,376
Mr Paul Russell	(70 )	90,726	50,618	-	40,038
Mr Jack DeCourcy	-	10,000	5,624	-	4,376

The above loan is unsecured, carries an interest charge and repayable on demand.

4. Share Capital

On the 19th December 2024 there was a redesignation of share capital from 100 Ordinary £1 shares to 1,000,000 Ordnary shares of £0.0001.

On the 4th of September 2024, 100,000 Ordinary shares of £0.0001 were issued bringing the share capital of the company to £110. The shares were issued at a premium of £4,600.

The Directors have authority to grant rights to subscribe for and convert into Ordinary shares of £0.0001 upto a value of £25, comprising of 250,000 Ordinary shares of £0.0001. This is valid for a period of 5 years since the date of the resolution of 2nd September 2024.

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First Mats Limited

Balance Sheet (continued)

As At 31 October 2025

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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Paul Russell

Director

2 October 2026

	2025	2024
	£	£
Fixed assets	8,305	11,477

Current assets	251,400	344,239
Prepayments and accrued income	755	1,346
Creditors: Amounts Falling Due Within One Year	(253,265 )	(302,223 )

NET CURRENT ASSETS (LIABILITIES)	(1,110 )	43,362

TOTAL ASSETS LESS CURRENT LIABILITIES	7,195	54,839

Accruals and deferred income	(2,485 )	(1,900 )

NET ASSETS	4,710	52,939

CAPITAL AND RESERVES	4,710	52,939