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Registered Number: 11747004
England and Wales

 

 

 


Abridged Accounts

for the year ended 31 January 2024

for

FAST MOVING PRODUCTS LTD

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts of Fast Moving Products Ltd for the year ended 31 January 2024 which comprise the Income Statement, the Statement of Financial Position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the member of Fast Moving Products Ltd, as a body, in accordance with the terms of our engagement letter dated 24 October 2024. Our work has been undertaken solely to prepare for your approval the accounts of Fast Moving Products Ltd and state those matters that we have agreed to state to the Board ofs of Fast Moving Products Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants and as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fast Moving Products Ltd and its members as a body for our work or for this report.

It is your duty to ensure that Fast Moving Products Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and Loss of Fast Moving Products Ltd. You consider that Fast Moving Products Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Fast Moving Products Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



....................................................

SOLE ASSOCIATES SVR LTD

3 PARK COURT
PYRFORD ROAD
WEST BYFLEET
KT14 6SD
24 October 2024
1
 
 
Notes
 
2024
£
  2023
£
Current assets      
Debtors 9,721    8,516 
Cash at bank and in hand 1,291    311 
11,012    8,827 
Creditors: amount falling due within one year (9,098)   (6,838)
Net current assets 1,914    1,989 
 
Total assets less current liabilities 1,914    1,989 
Net assets 1,914    1,989 
 

Capital and reserves
     
Called up share capital 4 100    100 
Profit and loss account 1,814    1,889 
Shareholders' funds 1,914    1,989 
 


For the year ended 31 January 2024 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 24 October 2024 and were signed on its behalf by:


-------------------------------
JP Solari
Director
2
General Information
Fast Moving Products Ltd is a private company, limited by shares, registered in England and Wales, registration number 11747004, registration address 3 Park Court, Pyrford Road, West Byfleet, Surrey, KT14 6SD.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
2.

Staff Costs

2024   2023
 
Average number of employees during the year Number   Number
Administration 1    1 
 

3.

Average number of employees

The average number of employees during the period was 1 - (2023-1).
Average number of employees during the year was 1 (2023 : 1).
4.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
100 Ordinary shares of £1.00 each 100    100 
100    100 

3