FUELOCITY GROUP LTD

Company Registration Number:
12344181 (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

FUELOCITY GROUP LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

FUELOCITY GROUP LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 20,443 5,963
Total fixed assets: 20,443 5,963
Current assets
Stocks: 174,455 233,827
Debtors:   111,311 70,314
Cash at bank and in hand: 98,368 111,744
Total current assets: 384,134 415,885
Creditors: amounts falling due within one year:   (305,475) (344,920)
Net current assets (liabilities): 78,659 70,965
Total assets less current liabilities: 99,102 76,928
Creditors: amounts falling due after more than one year:   (25,152) (35,000)
Total net assets (liabilities): 73,950 41,928
Capital and reserves
Called up share capital: 5 5
Profit and loss account: 73,945 41,923
Shareholders funds: 73,950 41,928

The notes form part of these financial statements

FUELOCITY GROUP 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 01 October 2024
and signed on behalf of the board by:

Name: Haroon Badar
Status: Director

The notes form part of these financial statements

FUELOCITY GROUP 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

FUELOCITY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 85 70

FUELOCITY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 6,626
Additions 16,752
At 31 December 2023 23,378
Depreciation
At 01 January 2023 663
Charge for year 2,272
At 31 December 2023 2,935
Net book value
At 31 December 2023 20,443
At 31 December 2022 5,963