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REGISTERED NUMBER: 04550482 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Fast Solutions Limited

Fast Solutions Limited (Registered number: 04550482)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Fast Solutions Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: R S Morris





REGISTERED OFFICE: Unit 5 The Enterprise Centre
Kempton Road
Pershore
Worcestershire
WR10 2TA





REGISTERED NUMBER: 04550482 (England and Wales)





ACCOUNTANTS: Kenneth Morris Limited
1 Aston Court
Bromsgrove Technology Park
Bromsgrove
Worcestershire
B60 3AL

Fast Solutions Limited (Registered number: 04550482)

Abridged Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 136 289

CURRENT ASSETS
Debtors 19,360 18,480
Cash at bank 35,818 29,632
55,178 48,112
CREDITORS
Amounts falling due within one year 45,281 30,668
NET CURRENT ASSETS 9,897 17,444
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,033

17,733

CREDITORS
Amounts falling due after more than one
year

(7,333

)

(15,333

)

PROVISIONS FOR LIABILITIES (31 ) (55 )
NET ASSETS 2,669 2,345

CAPITAL AND RESERVES
Called up share capital 5 75 81
Capital redemption reserve 25 19
Retained earnings 2,569 2,245
SHAREHOLDERS' FUNDS 2,669 2,345

Fast Solutions Limited (Registered number: 04550482)

Abridged Balance Sheet - continued
31 October 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 March 2025 and were signed by:





R S Morris - Director


Fast Solutions Limited (Registered number: 04550482)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Fast Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company makes employer contributions to a directors private pension.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

Fast Solutions Limited (Registered number: 04550482)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2023
and 31 October 2024 7,237
DEPRECIATION
At 1 November 2023 6,948
Charge for year 153
At 31 October 2024 7,101
NET BOOK VALUE
At 31 October 2024 136
At 31 October 2023 289

5. CALLED UP SHARE CAPITAL

Alloted, issued and fully paid:

Number:

Class:
Nominal
value:

2023
£

2022
£
75 Ordinary £1 75 81



On 7 November 2023, two ordinary shares were purchased back by the company for £12,500 each.
On 13 November 2023, two ordinary shares were purchased back by the company for £12,500 each.
On 22 December 2023, two ordinary shares were purchased back by the company for £12,500 each
A total of £75,000 for the six shares purchased back by the company.
These shares have been recatagorised from share capital to the capital redemption reserve in line with FRS102.

6. CONTINGENT LIABILITIES

There were no material contingent liabilities at the year end.

7. POST BALANCE SHEET EVENTS

There were no post balance sheet events.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Fast Solutions Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fast Solutions Limited for the year ended 31 October 2024 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Fast Solutions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Fast Solutions Limited and state those matters that we have agreed to state to the director of Fast Solutions Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fast Solutions Limited and its director for our work or for this report.

It is your duty to ensure that Fast Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fast Solutions Limited. You consider that Fast Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Fast Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Kenneth Morris Limited
1 Aston Court
Bromsgrove Technology Park
Bromsgrove
Worcestershire
B60 3AL


19 March 2025