Company Registration No. 09871924 (England and Wales)
Fast Eco Cars Ltd
Unaudited accounts
for the year ended 31 March 2018
Fast Eco Cars Ltd
Unaudited accounts
Contents
Fast Eco Cars Ltd
Company Information
for the year ended 31 March 2018
Director
Ahmad Jawed Azimi
Company Number
09871924 (England and Wales)
Registered Office
MEHAN ACCOUNTANTS 447 HIGH ROAD
FINCHLEY
LONDON
N12 0AF
UNITED KINGDOM
Accountants
Mehan Accountants
447
High Road
Finchley
London
N12 0AF
Fast Eco Cars Ltd
Statement of financial position
as at 31 March 2018
Tangible assets
12,195
12,195
Cash at bank and in hand
465
-
Creditors: amounts falling due within one year
(91)
(12)
Net current assets/(liabilities)
374
(12)
Total assets less current liabilities
12,569
12,183
Creditors: amounts falling due after more than one year
(11,767)
(11,767)
Profit and loss account
(198)
(584)
Shareholders' funds
802
416
For the year ending 31 March 2018 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.
Approved by the Board on 13 November 2018.
Ahmad Jawed Azimi
Director
Company Registration No. 09871924
Fast Eco Cars Ltd
Notes to the Accounts
for the year ended 31 March 2018
Fast Eco Cars Ltd is a private company, limited by shares, registered in England and Wales, registration number 09871924. The registered office is MEHAN ACCOUNTANTS 447 HIGH ROAD, FINCHLEY, LONDON, N12 0AF, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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
Motor vehicles
5
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
-
12
Taxes and social security
91
-
Fast Eco Cars Ltd
Notes to the Accounts
for the year ended 31 March 2018
6
Creditors: amounts falling due after more than one year
2018
2017
Other creditors
11,767
11,767
7
Average number of employees
During the year the average number of employees was 0 (2017: 0).