REGISTERED NUMBER: 02021183 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Fast - Herco Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G L Howson

Y S G Vlaminckx

REGISTERED OFFICE:

Chapel House

Kings Road

Immingham

North East Lincs

DN40 1QS

REGISTERED NUMBER:

02021183 (England and Wales)

AUDITORS:

Xeinadin Audit Limited

8th Floor, Becket House

36 Old Jewry

London

EC2R 8DD

FIXED ASSETS

Tangible assets

4

1,489

2,000

Investments

5

150,000

150,000

Investment property

6

-

150,000

151,489

302,000

CURRENT ASSETS

Debtors

7

63,737

116,285

Cash at bank and in hand

206,771

3,496

270,508

119,781

CREDITORS

Amounts falling due within one year

8

107,400

103,991

NET CURRENT ASSETS

163,108

15,790

TOTAL ASSETS LESS CURRENT LIABILITIES

314,597

317,790

PROVISIONS FOR LIABILITIES

9

-

1,109

NET ASSETS

314,597

316,681

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

264,597

266,681

314,597

316,681

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 2 September 2025 and were signed on its behalf by:

G L Howson - Director

1.	STATUTORY INFORMATION

Fast - Herco Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Fast - Herco Investments Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2024

and 31 December 2024

13,756

DEPRECIATION

At 1 January 2024

11,756

Charge for year

511

At 31 December 2024

12,267

NET BOOK VALUE

At 31 December 2024

1,489

At 31 December 2023

2,000

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

150,000

NET BOOK VALUE

At 31 December 2024

150,000

At 31 December 2023

150,000

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

150,000

Disposals

(150,000

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

150,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

3,965

1,926

Amounts owed by group undertakings

57,764

109,985

Other debtors

2,008

4,374

63,737

116,285

The amounts owed from group undertakings are unsecured, interest free and have no fixed date of repayment.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

3,611

1,847

Amounts owed to group undertakings

90,922

90,922

Accrued expenses

12,867

11,222

107,400

103,991

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

-

1,109

Deferred

tax

£

Balance at 1 January 2024

1,109

Provided during year

(1,109

)

Balance at 31 December 2024

-

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Stothard BA(Hons) FCA (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Limited

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.