Company Registration No. 08937843 (England and Wales)
Fast Buy Homes Limited
Unaudited accounts
for the year ended 31 March 2025
Fast Buy Homes Limited
Unaudited accounts
Contents
Fast Buy Homes Limited
Company Information
for the year ended 31 March 2025
Company Number
08937843 (England and Wales)
Registered Office
Old Hollins Sawmill
The Hollins
657 Plodder Lane
BOLTON
BL4 0LG
United Kingdom
Accountants
J F Balshaw & Co
20 Old Kiln Lane
Heaton
Bolton
Lancashire
BL1 5PD
Fast Buy Homes Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,669
1,755
Cash at bank and in hand
15,917
17,726
Creditors: amounts falling due within one year
(3,088)
(3,064)
Net current assets
12,829
14,662
Called up share capital
1
1
Profit and loss account
14,498
16,417
Shareholders' funds
14,499
16,418
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 her 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 23 December 2025 and were signed on its behalf by
Mrs H Statham
Director
Company Registration No. 08937843
Fast Buy Homes Limited
Notes to the Accounts
for the year ended 31 March 2025
Fast Buy Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 08937843. The registered office is Old Hollins Sawmill, The Hollins, 657 Plodder Lane, BOLTON, BL4 0LG, United Kingdom.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Investments in associated companies
Investments in associated companies are measured at cost.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
8,740
-
8,740
At 31 March 2025
8,740
330
9,070
At 1 April 2024
6,985
-
6,985
Charge for the year
350
66
416
At 31 March 2025
7,335
66
7,401
At 31 March 2025
1,405
264
1,669
At 31 March 2024
1,755
-
1,755
Fast Buy Homes Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Investments
Other investments
Valuation at 1 April 2024
1
Valuation at 31 March 2025
1
Investment in associated company, Principle Homes Limited.
6
Creditors: amounts falling due within one year
2025
2024
Other creditors
2,874
2,889
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).