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REGISTERED NUMBER: 09780165 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

FASTAGOS LIMITED

FASTAGOS LIMITED (REGISTERED NUMBER: 09780165)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


FASTAGOS LIMITED (REGISTERED NUMBER: 09780165)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,274 -
Investments 5 25,001 25,001
30,275 25,001

CURRENT ASSETS
Debtors 6 422,699 385,568
Cash at bank and in hand 6,230 1,533
428,929 387,101
CREDITORS
Amounts falling due within one year 7 252,638 217,430
NET CURRENT ASSETS 176,291 169,671
TOTAL ASSETS LESS CURRENT
LIABILITIES

206,566

194,672

CREDITORS
Amounts falling due after more than
one year

8

(16,312

)

(26,612

)

PROVISIONS FOR LIABILITIES (1,319 ) -
NET ASSETS 188,935 168,060

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 188,835 167,960
SHAREHOLDERS' FUNDS 188,935 168,060

FASTAGOS LIMITED (REGISTERED NUMBER: 09780165)

BALANCE SHEET - continued
31 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 October 2024 and were signed by:





F Agosta - Director


FASTAGOS LIMITED (REGISTERED NUMBER: 09780165)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Fastagos Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09780165

Registered office: First Floor
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% on cost

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.

Short term debtors are measured at the transaction price, less any impairment.

Short term creditors are measured at transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

FASTAGOS LIMITED (REGISTERED NUMBER: 09780165)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 April 2023 2,257
Additions 5,797
At 31 March 2024 8,054
DEPRECIATION
At 1 April 2023 2,257
Charge for year 523
At 31 March 2024 2,780
NET BOOK VALUE
At 31 March 2024 5,274
At 31 March 2023 -

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 25,001
NET BOOK VALUE
At 31 March 2024 25,001
At 31 March 2023 25,001

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 418,678 382,727
Other debtors 4,021 2,841
422,699 385,568

FASTAGOS LIMITED (REGISTERED NUMBER: 09780165)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 11,048 9,850
Trade creditors 900 2,441
Amounts owed to group undertakings 92,041 79,400
Taxation and social security 148,649 125,739
252,638 217,430

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 16,312 26,612