Company Registration No. 04456354 (England and Wales)
Fastrack International Limited
Unaudited accounts
for the year ended 31 July 2024
Fastrack International Limited
Unaudited accounts
Contents
Fastrack International Limited
Statement of financial position
as at 31 July 2024
Tangible assets
132,723
132,723
Cash at bank and in hand
65,974
60,309
Creditors: amounts falling due within one year
(78,400)
(76,732)
Net current assets/(liabilities)
10,309
(13,139)
Net assets
143,032
119,584
Called up share capital
1
1
Profit and loss account
143,031
119,583
Shareholders' funds
143,032
119,584
For the year ending 31 July 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 17 March 2025 and were signed on its behalf by
Mr Omar Khalid Kharasan
Director
Company Registration No. 04456354
Fastrack International Limited
Notes to the Accounts
for the year ended 31 July 2024
Fastrack International Limited is a private company, limited by shares, registered in England and Wales, registration number 04456354. The registered office is 4th Floor Office 4/16.3, Wembley Commercial Centre East Lane, Wembley, Middlesex, HA9 7UR.
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:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
132,722
6,656
4,813
144,191
At 31 July 2024
132,722
6,656
4,813
144,191
At 1 August 2023
-
6,656
4,812
11,468
At 31 July 2024
-
6,656
4,812
11,468
At 31 July 2024
132,722
-
1
132,723
At 31 July 2023
132,722
-
1
132,723
Fastrack International Limited
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
(4,309)
(467)
Taxes and social security
7,179
7,511
Other creditors
75,530
69,688
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).