FAST AUTOCARE NORTH EAST LTD |
Registered Number:10289202 |
For the year ended 31 July 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 July 2024
FAST AUTOCARE NORTH EAST LTD
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
FAST AUTOCARE NORTH EAST LTD
Statement of Financial Position
2023
2024
Property, plant and equipment |
13,981
15,779
2
13,981
15,779
Trade and other receivables |
15,078
20,047
3
16,956
Cash and cash equivalents |
23,212
43,259
32,034
Trade and other payables: amounts falling due within one |
year |
(16,092)
(26,374)
4
15,942
16,885
Net current assets
Total assets less current liabilities |
30,866
31,721
Trade and other payables: amounts falling due after more |
than one year |
(11,797)
(9,261)
5
21,605
Net assets
19,924
2
2
21,603
19,922
21,605
19,924
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 July 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. |
These financial statements were approved and authorised for issue by the Board on 29 April 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 July 2024
FAST AUTOCARE NORTH EAST LTD
Notes to the Financial Statements
Statutory Information
FAST AUTOCARE NORTH EAST LTD is a private limited company, limited by shares, domiciled in England and |
Wales, registration number 10289202. |
2 HUNTERS BUILDINGS
BOWESFIELD LANE
STOCKTON
TS18 3QZ
The presentation currency is £ sterling. |
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. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Tools and equipment
Office equipment
Motor Vehicles
Furniture and Fittings
2. Property, plant and equipment |
29,171
659
3,050
10,995
14,467
1,696
-
-
-
1,696
10,995
3,050
659
30,867
16,163
Provision for depreciation and impairment |
13,392
237
1,098
3,370
8,687
Charge for year
3,494
84
390
1,525
1,495
16,886
321
1,488
4,895
10,182
5,981
6,100
1,562
338
13,981
5,780
7,625
1,952
422
15,779
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For the year ended 31 July 2024
FAST AUTOCARE NORTH EAST LTD
Notes to the Financial Statements Continued
3. Trade and other receivables |
2023
2024
4,326
-
Amounts owed by directors |
15,721
15,078
15,078
20,047
4. Trade and other payables: amounts falling due within one year |
2023
2024
2,588
2,640
5,958
251
Taxation and social security |
16,688
12,061
Accruals and deferred income |
1,140
1,140
26,374
16,092
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
9,261
11,797
6. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 1)
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