Fastcolours LLP - Period Ending 2025-03-31

Registration number: OC385852

Fastcolours LLP

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2025

Fastcolours LLP

Contents

Financial Statements	1 to 2
Balance Sheet	1
Notes to the Financial Statements	2

Fastcolours LLP

(Registration number: OC385852)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Current assets
Stocks		156,900	151,000
Debtors		33,161	28,498
Cash and short-term deposits		76,681	50,603
		266,742	230,101
Creditors: Amounts falling due within one year	4	(170,167)	(123,526)
Total assets less current liabilities		96,575	106,575
Creditors: Amounts falling due after more than one year	5	(12,500)	(22,500)
Net assets attributable to members		84,075	84,075
Total members' interests
Equity		84,075	84,075
		84,075	84,075

For the year ending 31 March 2025 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime, as applied to limited liability partnerships. As permitted by section 444 (5A) of the Companies Act 2006, the members have not delivered to the registrar a copy of the Profit and Loss Account.

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The financial statements of Fastcolours LLP (registered number OC385852) were approved by the Board and authorised for issue on 17 September 2025. They were signed on behalf of the limited liability partnership by:

.........................................
W Lee
Designated member

Fastcolours LLP

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

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

General information and basis of accounting

The limited liability partnership is incorporated in England and Wales under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page. The nature of the limited liability partnership’s operations and its principal activities are given in the members’ report.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

2	Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 6 (2024 - 6).

3

Debtors

	2025 £	2024 £
Trade debtors	33,161	28,034
Prepayments and accrued income	-	464
Total current trade and other debtors	33,161	28,498

4	Creditors: Amounts falling due within one year

	2025 £	2024 £
Bank loans and overdrafts	87	81
Trade creditors	63,431	60,529
Other creditors	87,775	42,496
Accruals and deferred income	8,929	8,929
Other taxes and social security	9,945	11,491
	170,167	123,526

5	Creditors: Amounts falling due after more than one year

	2025 £	2024 £
Bank loans and overdrafts	12,500	22,500