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Company Registration No. 13751491 (England and Wales)
FAST REFUND CO LTD Unaudited accounts for the year ended 30 November 2023
FAST REFUND CO LTD Unaudited accounts Contents
Page
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FAST REFUND CO LTD Company Information for the year ended 30 November 2023
Directors
James Dyer Roberto Nuno Silva Sousa
Company Number
13751491 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ UNITED KINGDOM
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FAST REFUND CO LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
47,039 
- 
Tangible assets
1,904 
1,102 
48,943 
1,102 
Current assets
Debtors
12,138 
9,439 
Cash at bank and in hand
31,930 
240,475 
44,068 
249,914 
Creditors: amounts falling due within one year
(11,194)
(473)
Net current assets
32,874 
249,441 
Total assets less current liabilities
81,817 
250,543 
Creditors: amounts falling due after more than one year
(413,043)
(249,985)
Net (liabilities)/assets
(331,226)
558 
Capital and reserves
Called up share capital
281 
281 
Share premium
179,979 
179,979 
Profit and loss account
(511,486)
(179,702)
Shareholders' funds
(331,226)
558 
For the year ending 30 November 2023 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 directors acknowledge their 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.
The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2024 and were signed on its behalf by
Roberto Nuno Silva Sousa Director Company Registration No. 13751491
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FAST REFUND CO LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
FAST REFUND CO LTD is a private company, limited by shares, registered in England and Wales, registration number 13751491. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
20% on NBV
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 December 2022
- 
Additions
47,116 
At 30 November 2023
47,116 
Amortisation
At 1 December 2022
- 
Charge for the year
77 
At 30 November 2023
77 
Net book value
At 30 November 2023
47,039 
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FAST REFUND CO LTD Notes to the Accounts for the year ended 30 November 2023
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2022
1,247 
Additions
1,111 
At 30 November 2023
2,358 
Depreciation
At 1 December 2022
145 
Charge for the year
309 
At 30 November 2023
454 
Net book value
At 30 November 2023
1,904 
At 30 November 2022
1,102 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
8,445 
9,439 
Trade debtors
453 
- 
Other debtors
3,240 
- 
12,138 
9,439 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
185 
80 
Taxes and social security
8,849 
- 
Other creditors
1,767 
- 
Loans from directors
393 
393 
11,194 
473 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
413,043 
249,985 
9
Average number of employees
During the year the average number of employees was 4 (2022: 0).
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