IRIS Accounts Production v25.1.3.33 07468506 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh074685062024-03-31074685062025-03-31074685062024-04-012025-03-31074685062023-03-31074685062023-04-012024-03-31074685062024-03-3107468506ns15:EnglandWales2024-04-012025-03-3107468506ns14:PoundSterling2024-04-012025-03-3107468506ns10:Director12024-04-012025-03-3107468506ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3107468506ns10:SmallEntities2024-04-012025-03-3107468506ns10:AuditExemptWithAccountantsReport2024-04-012025-03-3107468506ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3107468506ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3107468506ns10:FullAccounts2024-04-012025-03-3107468506ns10:OrdinaryShareClass12024-04-012025-03-3107468506ns10:Director22024-04-012025-03-3107468506ns10:CompanySecretary12024-04-012025-03-3107468506ns10:RegisteredOffice2024-04-012025-03-3107468506ns5:CurrentFinancialInstruments2025-03-3107468506ns5:CurrentFinancialInstruments2024-03-3107468506ns5:ShareCapital2025-03-3107468506ns5:ShareCapital2024-03-3107468506ns5:FurtherSpecificReserve3ComponentTotalEquity2025-03-3107468506ns5:FurtherSpecificReserve3ComponentTotalEquity2024-03-3107468506ns5:RetainedEarningsAccumulatedLosses2025-03-3107468506ns5:RetainedEarningsAccumulatedLosses2024-03-3107468506ns5:PlantMachinery2024-03-3107468506ns5:PlantMachinery2025-03-3107468506ns10:OrdinaryShareClass12025-03-3107468506ns5:RetainedEarningsAccumulatedLosses2024-03-3107468506ns5:FurtherSpecificReserve3ComponentTotalEquity2024-03-3107468506ns5:RetainedEarningsAccumulatedLosses2024-04-012025-03-31
REGISTERED NUMBER: 07468506 (England and Wales)













Financial Statements

for the Year Ended 31 March 2025

for

Let It Fast Limited

Let It Fast Limited (Registered number: 07468506)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

Let It Fast Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: D M Shaw
Mrs M Shaw





SECRETARY:





REGISTERED OFFICE: 9 Monks Way
Barnsley
S71 2JD





REGISTERED NUMBER: 07468506 (England and Wales)





ACCOUNTANTS: Integra (Angus Nordon) Ltd
47 Market Street
Hemsworth
Pontefract
WF9 4LR

Let It Fast Limited (Registered number: 07468506)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 505,500 364,000
505,500 364,000

CURRENT ASSETS
Cash in hand 250 250

CREDITORS
Amounts falling due within one year 6 116,795 136,101
NET CURRENT LIABILITIES (116,545 ) (135,851 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

388,955

228,149

CAPITAL AND RESERVES
Called up share capital 7 100 100
Fair value reserve 8 113,138 -
Retained earnings 8 275,717 228,049
SHAREHOLDERS' FUNDS 388,955 228,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 6 August 2025 and were signed on its behalf by:





D M Shaw - Director


Let It Fast Limited (Registered number: 07468506)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Let It Fast 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 as modified by the revaluation of certain assets.

Significant judgements and estimates
The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents rental and property management income.

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 - 33.33% straight line basis

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

Let It Fast Limited (Registered number: 07468506)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 325
DEPRECIATION
At 1 April 2024
and 31 March 2025 325
NET BOOK VALUE
At 31 March 2025 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 364,000
Revaluations 141,500
At 31 March 2025 505,500
NET BOOK VALUE
At 31 March 2025 505,500
At 31 March 2024 364,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2017 (29,362 )
Valuation in 2022 1,000
Valuation in 2025 141,500
Cost 392,362
505,500

If investment property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 392,362 392,362

Investment property was valued on an open market basis on 31 March 2025 by the directors .

Let It Fast Limited (Registered number: 07468506)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Tax 4,529 5,650
Directors' current account 111,966 130,151
Accrued expenses 300 300
116,795 136,101

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2024 228,049 - 228,049
Profit for the year 160,806 160,806
Fair Value revn's unrealised (113,138 ) 113,138 -
At 31 March 2025 275,717 113,138 388,855

Let It Fast Limited

Report of the Accountants to the Directors of
Let It Fast Limited

The following reproduces the text of the report prepared for the directors 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 Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Integra (Angus Nordon) Ltd
47 Market Street
Hemsworth
Pontefract
WF9 4LR


6 August 2025