Caseware UK (AP4) 2024.0.164 2024.0.164 2024-02-01falseNo description of principal activity5037falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03554565 2024-02-01 2025-01-31 03554565 2023-02-01 2024-01-31 03554565 2025-01-31 03554565 2024-01-31 03554565 c:Director2 2024-02-01 2025-01-31 03554565 d:Buildings d:ShortLeaseholdAssets 2024-02-01 2025-01-31 03554565 d:Buildings d:ShortLeaseholdAssets 2025-01-31 03554565 d:Buildings d:ShortLeaseholdAssets 2024-01-31 03554565 d:MotorVehicles 2024-02-01 2025-01-31 03554565 d:MotorVehicles 2025-01-31 03554565 d:MotorVehicles 2024-01-31 03554565 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 03554565 d:FurnitureFittings 2024-02-01 2025-01-31 03554565 d:FurnitureFittings 2025-01-31 03554565 d:FurnitureFittings 2024-01-31 03554565 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 03554565 d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 03554565 d:Non-currentFinancialInstruments 2025-01-31 03554565 d:Non-currentFinancialInstruments 2024-01-31 03554565 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 03554565 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 03554565 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 03554565 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 03554565 d:ShareCapital 2025-01-31 03554565 d:ShareCapital 2024-01-31 03554565 d:RetainedEarningsAccumulatedLosses 2025-01-31 03554565 d:RetainedEarningsAccumulatedLosses 2024-01-31 03554565 c:OrdinaryShareClass1 2024-02-01 2025-01-31 03554565 c:OrdinaryShareClass1 2025-01-31 03554565 c:OrdinaryShareClass1 2024-01-31 03554565 c:FRS102 2024-02-01 2025-01-31 03554565 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 03554565 c:FullAccounts 2024-02-01 2025-01-31 03554565 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 03554565 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 03554565










FASTGRAND LTD








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 January 2025

 
FASTGRAND LTD
Registered number: 03554565

Balance sheet
As at 31 January 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
117,817
125,155

  
117,817
125,155

Current assets
  

Debtors
  
2,199,114
1,837,752

Cash at bank and in hand
  
894,444
517,310

  
3,093,558
2,355,062

Creditors: amounts falling due within one year
  
(1,915,787)
(1,233,288)

Net current assets
  
 
 
1,177,771
 
 
1,121,774

Total assets less current liabilities
  
1,295,588
1,246,929

Creditors: amounts falling due after more than one year
 5 
(142,840)
(192,532)

  

Net assets
  
1,152,748
1,054,397


Capital and reserves
  

Called up share capital 
 6 
4
4

Profit and loss account
  
1,152,744
1,054,393

  
1,152,748
1,054,397


Page 1

 
FASTGRAND LTD
Registered number: 03554565
    
Balance sheet (continued)
As at 31 January 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Benny Hoffman
Director

Date: 22 July 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
FASTGRAND LTD
 
 
 
Notes to the financial statements
For the Year Ended 31 January 2025

1.


General information

Fastgrand Limited is a private limited company incorporated in England and Wales under the Companies Act. The address of the registered office is given on the Company Information page. The principal activity of the company is that of property management services..

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
FASTGRAND LTD
 
 
 
Notes to the financial statements
For the Year Ended 31 January 2025

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Fixtures and fittings
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 50 (2024 - 37).

Page 4

 
FASTGRAND LTD
 
 
 
Notes to the financial statements
For the Year Ended 31 January 2025

4.


Tangible fixed assets





Short-term leasehold property
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 February 2024
95,806
25,720
61,739
183,265



At 31 January 2025

95,806
25,720
61,739
183,265



Depreciation


At 1 February 2024
-
6,438
51,672
58,110


Charge for the year on owned assets
-
4,821
2,517
7,338



At 31 January 2025

-
11,259
54,189
65,448



Net book value



At 31 January 2025
95,806
14,461
7,550
117,817



At 31 January 2024
95,806
19,283
10,066
125,155


5.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
142,840
192,532

142,840
192,532



6.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



1 (2024 - 1) Ordinary share of £4.00
4
4


 
Page 5