Registered number
06986966
Formula Fast Limited
Filleted Accounts
31 December 2021
Formula Fast Limited
Registered number: 06986966
Balance Sheet
as at 31 December 2021
2021 2020
£ £
Fixed assets 72,952 40,251
Current assets 111,645 51,406
Creditors: amounts falling due within one year (48,217) (28,410)
Net current assets 63,428 22,996
Total assets less current liabilities 136,380 63,247
Creditors: amounts falling due after more than one year (112,114) (109,089)
Accruals and deferred income (58,739) (78,697)
Net liabilities (34,473) (124,539)
Capital and reserves (34,473) (124,539)
Number Number
Average number of employees 20 10
The company is a private company limited by shares and incorporated in England. Its registered office is Formula Fast Indoor Karting, Unit 3 Bond Estate, Bond Avenue, Milton Keynes, Buckinghamshire, United Kingdom, MK1 1JJ.
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P J Stanley
Director
Approved by the board on 13 July 2022
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