Company Registration No. 12626970 (England and Wales)
FASTREMS LIMITED
Unaudited accounts
for the year ended 31 May 2024
FASTREMS LIMITED
Unaudited accounts
Contents
FASTREMS LIMITED
Company Information
for the year ended 31 May 2024
Company Number
12626970 (England and Wales)
Registered Office
553 High Road
Wembley
London
HA0 2DW
United Kingdom
FASTREMS LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
3,520
2,520
Cash at bank and in hand
11,943
13,339
Creditors: amounts falling due within one year
(6,263)
(6,863)
Net current assets
5,680
6,476
Total assets less current liabilities
9,200
8,996
Creditors: amounts falling due after more than one year
(21,032)
(38,875)
Net liabilities
(11,832)
(29,879)
Called up share capital
1
1
Profit and loss account
(11,833)
(29,880)
Shareholders' funds
(11,832)
(29,879)
For the year ending 31 May 2024 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 11 February 2025 and were signed on its behalf by
Bilal Sahak
Director
Company Registration No. 12626970
FASTREMS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
FASTREMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12626970. The registered office is 553 High Road , Wembley , London, HA0 2DW, 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
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
3,200
1,800
5,000
At 31 May 2024
3,600
4,680
8,280
At 1 June 2023
1,280
1,200
2,480
Charge for the year
720
1,560
2,280
At 31 May 2024
2,000
2,760
4,760
At 31 May 2024
1,600
1,920
3,520
At 31 May 2023
1,920
600
2,520
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
6,263
6,263
FASTREMS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
21,032
38,875
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).