Company Registration No. 09388724 (England and Wales)
Speedy Feet Ltd
Unaudited accounts
for the year ended 31 December 2023
Speedy Feet Ltd
Unaudited accounts
Contents
Speedy Feet Ltd
Company Information
for the year ended 31 December 2023
Company Number
09388724 (England and Wales)
Registered Office
Drake House
1 Pavilion Business Park
Speculation Road, Forest Vale Ind Est
Cinderford
GL14 2YD
United Kingdom
Speedy Feet Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
26,151
26,123
Inventories
87,469
185,000
Cash at bank and in hand
15,206
(3,055)
Creditors: amounts falling due within one year
6,741
(57,235)
Net current assets
160,765
165,361
Total assets less current liabilities
186,916
191,484
Creditors: amounts falling due after more than one year
(28,333)
(34,167)
Net assets
158,583
157,317
Called up share capital
2
2
Profit and loss account
158,581
157,315
Shareholders' funds
158,583
157,317
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 13 September 2024 and were signed on its behalf by
I R Sampson
Director
Company Registration No. 09388724
Speedy Feet Ltd
Notes to the Accounts
for the year ended 31 December 2023
Speedy Feet Ltd is a private company, limited by shares, registered in England and Wales, registration number 09388724. The registered office is Drake House, 1 Pavilion Business Park, Speculation Road, Forest Vale Ind Est, Cinderford, GL14 2YD, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
50,443
16,250
1,401
68,094
At 31 December 2023
57,009
16,250
1,401
74,660
At 1 January 2023
25,217
16,250
504
41,971
Charge for the year
6,359
-
179
6,538
At 31 December 2023
31,576
16,250
683
48,509
At 31 December 2023
25,433
-
718
26,151
At 31 December 2022
25,226
-
897
26,123
Speedy Feet Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Other debtors
52,446
39,718
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
5,518
14,423
Taxes and social security
27,593
24,957
Other creditors
6,197
22,247
Loans from directors
(51,732)
786
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).