INNOVATION FAST LTD

Company Registration Number:
09861829 (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

INNOVATION FAST LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

INNOVATION FAST LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Current assets
Debtors:   15,497 25,376
Cash at bank and in hand: 4 174
Total current assets: 15,501 25,550
Creditors: amounts falling due within one year:   (6,898) (16,973)
Net current assets (liabilities): 8,603 8,577
Total assets less current liabilities: 8,603 8,577
Total net assets (liabilities): 8,603 8,577
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 7,603 7,577
Shareholders funds: 8,603 8,577

The notes form part of these financial statements

INNOVATION FAST LTD

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 16 September 2024
and signed on behalf of the board by:

Name: A Pisoni
Status: Director

The notes form part of these financial statements

INNOVATION FAST LTD

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

Turnover policy

Turnover is measured at the fair value of the consideration receivable. Turnover for services provided is recognised on completion of the service.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided on tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over their expected useful lives as follows:- Office equipment 50% straight line

INNOVATION FAST LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 2 2