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REGISTERED NUMBER: 09780165 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

FASTAGOS LIMITED

FASTAGOS LIMITED (REGISTERED NUMBER: 09780165)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


FASTAGOS LIMITED (REGISTERED NUMBER: 09780165)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 242
Investments 5 25,001 25,001
25,001 25,243

CURRENT ASSETS
Debtors 6 385,568 347,611
Cash at bank and in hand 1,533 12,034
387,101 359,645
CREDITORS
Amounts falling due within one year 7 217,430 183,316
NET CURRENT ASSETS 169,671 176,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

194,672

201,572

CREDITORS
Amounts falling due after more than
one year

8

26,612

36,461
NET ASSETS 168,060 165,111

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 167,960 165,011
SHAREHOLDERS' FUNDS 168,060 165,111

FASTAGOS LIMITED (REGISTERED NUMBER: 09780165)

BALANCE SHEET - continued
31 MARCH 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2023 and were signed on its behalf by:





F Agosta - Director


FASTAGOS LIMITED (REGISTERED NUMBER: 09780165)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Fastagos Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09780165

Registered office: First Floor
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 33.3% on cost

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

FASTAGOS LIMITED (REGISTERED NUMBER: 09780165)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 April 2022
and 31 March 2023 2,257
DEPRECIATION
At 1 April 2022 2,015
Charge for year 242
At 31 March 2023 2,257
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 242

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2022
and 31 March 2023 25,001
NET BOOK VALUE
At 31 March 2023 25,001
At 31 March 2022 25,001

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 382,727 342,647
Other debtors 2,841 4,964
385,568 347,611

FASTAGOS LIMITED (REGISTERED NUMBER: 09780165)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,850 9,607
Trade creditors 2,441 2,387
Amounts owed to group undertakings 79,400 63,917
Taxation and social security 125,739 107,405
217,430 183,316

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 26,612 36,461