Company Registration No. SC295744 (Scotland)
Fast Lane Roadmarkings Ltd
Unaudited accounts
for the year ended 31 March 2025
Fast Lane Roadmarkings Ltd
Unaudited accounts
Contents
Fast Lane Roadmarkings Ltd
Company Information
for the year ended 31 March 2025
Company Number
SC295744 (Scotland)
Registered Office
162 Woodhall Road
Colinton
Edinburgh
EH13 0PJ
Accountants
Rosebery Accountants & Business Advisors
23 Melville Street
Edinburgh
EH3 7PE
Fast Lane Roadmarkings Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
93,459
75,622
Cash at bank and in hand
132,035
180,060
Creditors: amounts falling due within one year
(184,550)
(217,167)
Net current assets
135,926
149,917
Total assets less current liabilities
229,385
225,539
Provisions for liabilities
Deferred tax
(19,626)
(15,881)
Net assets
209,759
209,658
Called up share capital
100
100
Profit and loss account
209,659
209,558
Shareholders' funds
209,759
209,658
For the year ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 6 June 2025 and were signed on its behalf by
Alex Craig
Director
Company Registration No. SC295744
Fast Lane Roadmarkings Ltd
Notes to the Accounts
for the year ended 31 March 2025
Fast Lane Roadmarkings Ltd is a private company, limited by shares, registered in Scotland, registration number SC295744. The registered office is 162 Woodhall Road, Colinton, Edinburgh, EH13 0PJ.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
73,894
169,048
242,942
At 31 March 2025
73,894
218,038
291,932
At 1 April 2024
51,263
116,057
167,320
Charge for the year
5,658
25,495
31,153
At 31 March 2025
56,921
141,552
198,473
At 31 March 2025
16,973
76,486
93,459
At 31 March 2024
22,631
52,991
75,622
Fast Lane Roadmarkings Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
145,102
177,489
Accrued income and prepayments
5,339
1,535
Other debtors
38,000
8,000
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
24,628
7,591
Taxes and social security
27,138
39,053
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan account
-
25,000
-
25,000
The loan to Alex Craig was repaid by way of additional dividend being declared in the new financial year.
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Average number of employees
During the year the average number of employees was 3 (2024: 3).