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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
Page
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Fastrack International Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
132,723 
132,723 
Current assets
Debtors
22,735 
3,284 
Cash at bank and in hand
65,974 
60,309 
88,709 
63,593 
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 
Capital and reserves
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
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Fastrack International Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
At 1 August 2023
- 
6,656 
4,812 
11,468 
At 31 July 2024
- 
6,656 
4,812 
11,468 
Net book value
At 31 July 2024
132,722 
- 
1 
132,723 
At 31 July 2023
132,722 
- 
1 
132,723 
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Fastrack International Limited Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,083 
632 
Other debtors
2,652 
2,652 
22,735 
3,284 
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 
78,400 
76,732 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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