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Registered Number: 13686499
England and Wales

 

 

 

FASTRACK FIBRE LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 November 2022

End date: 31 October 2023
 
 
Notes
 
2023
£
  2022
£
Current assets      
Debtors 3,903,338    3,716,289 
Cash at bank and in hand 1,107    2,049 
3,904,445    3,718,338 
Creditors: amount falling due within one year (4,525,672)   (3,759,465)
Net current assets (621,227)   (41,127)
 
Total assets less current liabilities (621,227)   (41,127)
Net assets (621,227)   (41,127)
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account (621,327)   (41,227)
Shareholders' funds (621,227)   (41,127)
 


For the year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 17 July 2024 and were signed on its behalf by:


-------------------------------
Martin Kumar
Director
1
General Information
Fastrack Fibre Limited is a private company, limited by shares, registered in England, registration number 13686499, registration address Unit 2, Near Train Station, Alton, GU34 2PZ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 0 (2022 : 0).
2