FASTR PROPERTY LIMITED

Company Registration Number:
10620899 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

FASTR PROPERTY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

FASTR PROPERTY LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 0 2,109,555
Total fixed assets: 0 2,109,555
Current assets
Stocks: 30,000 1,943,700
Cash at bank and in hand: 14,919
Total current assets: 44,919 1,943,700
Creditors: amounts falling due within one year:   (2,877,034) (1,088,064)
Net current assets (liabilities): (2,832,115) 855,636
Total assets less current liabilities: (2,832,115) 2,965,191
Creditors: amounts falling due after more than one year:   (1,887,233) (2,614,522)
Total net assets (liabilities): (4,719,348) 350,669
Capital and reserves
Called up share capital: 154 154
Share premium account: 412,922 412,922
Profit and loss account: (5,132,424) (62,407)
Shareholders funds: (4,719,348) 350,669

The notes form part of these financial statements

FASTR PROPERTY LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 February 2024
and signed on behalf of the board by:

Name: Andrew Stephen Watmore
Status: Director

The notes form part of these financial statements

FASTR PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FASTR PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 5 11

FASTR PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 2,109,555
Revaluations 0
At 31 December 2023 2,109,555
Amortisation
At 01 January 2023 0
Charge for year 2,109,555
At 31 December 2023 2,109,555
Net book value
At 31 December 2023 0
At 31 December 2022 2,109,555