2023-04-01 SC684274 2024-03-31 SC684274 2023-04-01 2024-03-31 SC684274 uk-core:WithinOneYear 2024-03-31 SC684274 uk-core:AfterOneYear 2024-03-31 SC684274 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC684274 uk-bus:Director1 2023-04-01 2024-03-31 SC684274 2023-03-31 SC684274 2022-04-01 2023-03-31 SC684274 uk-core:CommercialMotorVehicles 2023-03-31 SC684274 uk-core:PlantMachinery 2023-03-31 SC684274 uk-core:CommercialMotorVehicles 2023-04-01 2024-03-31 SC684274 uk-core:PlantMachinery 2024-03-31 SC684274 uk-core:CommercialMotorVehicles 2024-03-31 SC684274 uk-core:PlantMachinery 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure SC684274 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 SC684274 uk-bus:FRS102 2023-04-01 2024-03-31 SC684274 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 SC684274 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Fastboard Restorations Ltd
Registered Number:SC684274
For the year ended 31 March 2024
Scotland
Unaudited Financial Statements
2
For the year ended 31 March 2024
Fastboard Restorations Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC684274
As at 31 March 2024
Fastboard Restorations Ltd
Statement of Financial Position
£
2024
Notes
Fixed assets
Property, plant and equipment
214,022
2
214,022
Current assets
Trade and other receivables
22,402
3
Cash and cash equivalents
31,835
54,237
Trade and other payables: amounts falling due within one
year
(85,386)
4
(31,149)
Net current liabilities
Total assets less current liabilities
182,873
Trade and other payables: amounts falling due after more
than one year
(174,231)
5
8,642
Net assets/liabilities
Capital and reserves
Retained earnings
8,642
8,642
Shareholders' funds
For the year ended 31 March 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 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Terence Henderson Director
These financial statements were approved and authorised for issue by the Board on 11 July 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2024
Fastboard Restorations Ltd
Notes to the Financial Statements
Statutory Information
Fastboard Restorations Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC684274.
Principal place of business:
Unit 4 Nairn Annexe
High Street
Kirkcaldy
KY1 2QT
Registered address:
1 Inverleith Gardens
Edinburgh
EH3 5PU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 April 2023
49,539
42,795
6,744
232,374
135,205
97,169
Additions
At 31 March 2024
103,913
178,000
281,913
Provision for depreciation and impairment
At 01 April 2023
14,386
12,558
1,828
Charge for year
53,505
33,088
20,417
At 31 March 2024
67,891
45,646
22,245
At 31 March 2024
Net book value
81,668
132,354
214,022
At 31 March 2023
4,916
30,237
35,153
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5
For the year ended 31 March 2024
Fastboard Restorations Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2024
£
Trade debtors
22,403
Other debtors
(1)
22,402
4. Trade and other payables: amounts falling due within one year
2024
£
Trade creditors
46,801
Taxation and social security
34,265
Other creditors
4,320
85,386
5. Trade and other payables: amounts falling due after more than one year
2024
£
Other creditors
174,231
6. Average number of persons employed
During the year the average number of employees was 9 (2023 : 9)
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