1 December 2022 false No description of principal activity Taxfiler 2024.5 11090710business:PrivateLimitedCompanyLtd2022-12-012023-11-30 110907102022-11-30 110907102022-12-012023-11-30 11090710business:AuditExemptWithAccountantsReport2022-12-012023-11-30 11090710business:FilletedAccounts2022-12-012023-11-30 110907102023-11-30 11090710business:Director12022-12-012023-11-30 11090710business:Director22022-12-012023-11-30 11090710business:RegisteredOffice2022-12-012023-11-30 110907102022-11-30 11090710core:WithinOneYear2023-11-30 11090710core:WithinOneYear2022-11-30 11090710core:AfterOneYear2023-11-30 11090710core:AfterOneYear2022-11-30 11090710core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 11090710core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 11090710core:PreviouslyStatedAmount2023-11-30 11090710core:PreviouslyStatedAmount2022-11-30 11090710business:SmallEntities2022-12-012023-11-30 11090710countries:EnglandWales2022-12-012023-11-30 11090710core:PlantMachinery2022-11-30 11090710core:MotorVehicles2022-11-30 11090710core:ComputerEquipment2022-11-30 11090710core:PlantMachinery2022-12-012023-11-30 11090710core:MotorVehicles2022-12-012023-11-30 11090710core:ComputerEquipment2022-12-012023-11-30 11090710core:PlantMachinery2023-11-30 11090710core:MotorVehicles2023-11-30 11090710core:ComputerEquipment2023-11-30 110907102021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 11090710 (England and Wales)
FASTWAY BUSINESS SOLUTIONS LTD Unaudited accounts for the year ended 30 November 2023
FASTWAY BUSINESS SOLUTIONS LTD Unaudited accounts Contents
Page
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FASTWAY BUSINESS SOLUTIONS LTD Company Information for the year ended 30 November 2023
Directors
Paul Cox Andrew Mortimer
Company Number
11090710 (England and Wales)
Registered Office
4 KING STREET SPENNYMOOR DL16 6QG ENGLAND
Accountants
Fresh Business Solutions Limited 4 King Street Spennymoor Durham DL16 6QG
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FASTWAY BUSINESS SOLUTIONS LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,737 
27,605 
Current assets
Debtors
94,451 
51,625 
Cash at bank and in hand
61,157 
46,799 
155,608 
98,424 
Creditors: amounts falling due within one year
(70,425)
(17,898)
Net current assets
85,183 
80,526 
Total assets less current liabilities
108,920 
108,131 
Creditors: amounts falling due after more than one year
(14,407)
(20,104)
Net assets
94,513 
88,027 
Capital and reserves
Profit and loss account
94,513 
88,027 
Shareholders' funds
94,513 
88,027 
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 15 August 2024 and were signed on its behalf by
Paul Cox Director Company Registration No. 11090710
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FASTWAY BUSINESS SOLUTIONS LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
FASTWAY BUSINESS SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 11090710. The registered office is 4 KING STREET, SPENNYMOOR, DL16 6QG, ENGLAND.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
1,893 
20,559 
26,253 
48,705 
Additions
222 
- 
- 
222 
At 30 November 2023
2,115 
20,559 
26,253 
48,927 
Depreciation
At 1 December 2022
356 
6,135 
14,609 
21,100 
Charge for the year
243 
2,100 
1,747 
4,090 
At 30 November 2023
599 
8,235 
16,356 
25,190 
Net book value
At 30 November 2023
1,516 
12,324 
9,897 
23,737 
At 30 November 2022
1,537 
14,424 
11,644 
27,605 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
69,066 
51,625 
Other debtors
25,385 
- 
94,451 
51,625 
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FASTWAY BUSINESS SOLUTIONS LTD Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
8,538 
8,043 
Trade creditors
4,518 
1,026 
Taxes and social security
50,994 
10,343 
Other creditors
3,478 
- 
Loans from directors
2,897 
(1,514)
70,425 
17,898 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
14,407 
20,104 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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