Company Registration No. 11090710 (England and Wales)
FASTWAY BUSINESS SOLUTIONS LTD
Unaudited accounts
for the year ended 30 November 2024
FASTWAY BUSINESS SOLUTIONS LTD
Unaudited accounts
Contents
FASTWAY BUSINESS SOLUTIONS LTD
Company Information
for the year ended 30 November 2024
Directors
Paul Cox
Andrew Mortimer
Company Number
11090710 (England and Wales)
Registered Office
4 KING STREET
SPENNYMOOR
DL16 6QG
ENGLAND
Accountants
Fresh Business Solutions Limited
4 King Street
Spennymoor
Durham
DL16 6QG
FASTWAY BUSINESS SOLUTIONS LTD
Statement of financial position
as at 30 November 2024
Tangible assets
24,135
23,737
Cash at bank and in hand
65,956
61,157
Creditors: amounts falling due within one year
(70,187)
(70,425)
Net current assets
94,319
85,183
Total assets less current liabilities
118,454
108,920
Creditors: amounts falling due after more than one year
(8,710)
(14,407)
Profit and loss account
109,744
94,513
Shareholders' funds
109,744
94,513
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 17 April 2025 and were signed on its behalf by
Paul Cox
Director
Company Registration No. 11090710
FASTWAY BUSINESS SOLUTIONS LTD
Notes to the Accounts
for the year ended 30 November 2024
FASTWAY BUSINESS SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 11090710. The registered office is 4 KING STREET, SPENNYMOOR, DL16 6QG, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
2,115
20,559
26,253
48,927
Additions
2,032
-
1,958
3,990
At 30 November 2024
4,147
20,559
28,211
52,917
At 1 December 2023
599
8,235
16,356
25,190
Charge for the year
227
1,786
1,579
3,592
At 30 November 2024
826
10,021
17,935
28,782
At 30 November 2024
3,321
10,538
10,276
24,135
At 30 November 2023
1,516
12,324
9,897
23,737
FASTWAY BUSINESS SOLUTIONS LTD
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Trade debtors
63,129
69,066
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
58,935
50,994
Loans from directors
1,245
2,897
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).