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REGISTERED NUMBER: 07403408 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

FAST LANE CARCARE LIMITED

FAST LANE CARCARE LIMITED (REGISTERED NUMBER: 07403408)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FAST LANE CARCARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: Mr H S Kahlon





REGISTERED OFFICE: 43 Waterloo Road
Uxbridge
Middlesex
UB8 2QX





REGISTERED NUMBER: 07403408 (England and Wales)





ACCOUNTANTS: Cheshams Accountants Ltd
Chartered Certified Accountants
Suite 16,Neals Corner
2 Bath Road
Hounslow
Middlesex
TW3 3HJ

FAST LANE CARCARE LIMITED (REGISTERED NUMBER: 07403408)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,089,930 743,656

CURRENT ASSETS
Stocks 40,500 40,125
Debtors 5 316,437 223,816
Cash at bank 553,588 144,391
910,525 408,332
CREDITORS
Amounts falling due within one year 6 1,247,633 624,064
NET CURRENT LIABILITIES (337,108 ) (215,732 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

752,822

527,924

CREDITORS
Amounts falling due after more than one year 7 118,778 234,138
NET ASSETS 634,044 293,786

CAPITAL AND RESERVES
Called up share capital 8 3 3
Retained earnings 9 634,041 293,783
SHAREHOLDERS' FUNDS 634,044 293,786

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.

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 31 August 2025 and were signed by:





Mr H S Kahlon - Director


FAST LANE CARCARE LIMITED (REGISTERED NUMBER: 07403408)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

FAST LANE CARCARE 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The accounts have been prepared on a going concern basis. The director is confident that the business is expected to show continued improvements and greater profitability in the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

FAST LANE CARCARE LIMITED (REGISTERED NUMBER: 07403408)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 November 2023 579,650 284,335 22,075
Additions - 25,000 325,000
At 31 October 2024 579,650 309,335 347,075
DEPRECIATION
At 1 November 2023 - 188,124 18,432
Charge for year - 24,574 7,681
At 31 October 2024 - 212,698 26,113
NET BOOK VALUE
At 31 October 2024 579,650 96,637 320,962
At 31 October 2023 579,650 96,211 3,643

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2023 140,270 2,558 1,028,888
Additions 53,500 5,922 409,422
At 31 October 2024 193,770 8,480 1,438,310
DEPRECIATION
At 1 November 2023 76,982 1,694 285,232
Charge for year 29,197 1,696 63,148
At 31 October 2024 106,179 3,390 348,380
NET BOOK VALUE
At 31 October 2024 87,591 5,090 1,089,930
At 31 October 2023 63,288 864 743,656

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 192,167 99,446
Other debtors 124,270 124,370
316,437 223,816

FAST LANE CARCARE LIMITED (REGISTERED NUMBER: 07403408)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 24,170 21,600
Other loans 33,288 39,202
Trade creditors 185,292 104,744
Amounts owed to associates 960 960
Tax - 3,832
Social security and other taxes 12,450 659
VAT 24,909 15,654
Other creditors 251,729 307,432
Pension 9 53
Directors' current accounts 708,671 123,773
Accrued expenses 6,155 6,155
1,247,633 624,064

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans -More than one year 118,778 234,138

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
3 Ordinary shares £1.00 3 3

9. RESERVES
Retained
earnings
£   

At 1 November 2023 293,783
Profit for the year 340,258
At 31 October 2024 634,041