FAST-APPROACHED CIC

Company limited by guarantee

Company Registration Number:
14426382 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

FAST-APPROACHED CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Additional notes
Community Interest Report

FAST-APPROACHED CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£
£
Current assets
Cash at bank and in hand: 8,000 0
Total current assets: 8,000 0
Net current assets (liabilities): 8,000 0
Total assets less current liabilities: 8,000 0
Provision for liabilities: ( 8,000 )
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

FAST-APPROACHED CIC

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 31 July 2025
and signed on behalf of the board by:

Name: Denise Friday
Status: Director

The notes form part of these financial statements

FAST-APPROACHED CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FAST-APPROACHED CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

COMMUNITY INTEREST ANNUAL REPORT

FAST-APPROACHED CIC

Company Number: 14426382 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

During 2023/24, Fast Approached CIC fully met its obligations under the Community Interest Company framework. The organisation ensured that activities satisfied the community interest test by delivering projects which directly benefited local residents, with all surpluses reinvested to expand social impact. In line with the asset lock, no assets or profits were distributed for private gain. Governance processes were transparent, with regular reporting and stakeholder engagement underpinning accountability. Partnerships with statutory and voluntary sector bodies enhanced delivery, while monitoring and evaluation confirmed measurable outcomes. Fast Approached CIC remains committed to operating responsibly, sustainably, and solely for community benefit.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
31 July 2025

And signed on behalf of the board by:
Name: Denise Friday
Status: Director