Company registration number 10603090 (England and Wales)
FASTER NOT EASIER LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
FASTER NOT EASIER LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
8,020
1,476
Current assets
67,153
91,924
Creditors: amounts falling due within one year
(17,573)
(19,702)
Net current assets
49,580
72,222
Total assets less current liabilities
57,600
73,698
Net assets
57,600
73,698
Capital and reserves
57,600
73,698
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
Included in other creditors are loan payable to directors of £4,180 (2022 : £3,788) which are unsecured, interest free and repayable on demand.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
Faster Not Easier Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 2 Hunts Green Cottages Hunts Green, The Lee, Great Missenden, United Kingdom, HP16 9LX.
For the financial year ended 28 February 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
(e) the company has relied on the specified exemption as a micro company contained in section 352 Companies Act 2014; the company has done so on the grounds that it is entitled to the benefit of that exemption as a small company and we confirm that the abridged financial statements have been properly prepared in accordance with section 353 Companies Act 2014.true
FASTER NOT EASIER LTD
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2023
28 February 2023
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 15 September 2023 and are signed on its behalf by:
M R Godfrey
Director
Company registration number 10603090 (England and Wales)