Fast Plast Ltd - Accounts

Fast Plast Ltd
Contents Page
For the year ended 31 July 2025

Statement of financial position	1
Notes to the financial statements	2

Fast Plast Ltd
Statement of Financial Position
As at 31 July 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	16,910	25,340
		16,910	25,340
Current assets
Debtors		24,294	32,088
Cash at bank and in hand		7,570	5,346
		31,864	37,434
Creditors: amount falling due within one year		(3,872)	(1,180)
Net current assets		27,992	36,254

Total assets less current liabilities		44,902	61,594
Creditors: amount falling due after more than one year		(34,154)	(38,924)
Net assets		10,748	22,670

Capital and reserves
Called up share capital		100	100
Profit and loss account		10,648	22,570
Shareholders' funds		10,748	22,670

For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 21 April 2026 and were signed on its behalf by:

-------------------------------
Katarzyna Agnieszka KOLODYNSKA
Director

1

Fast Plast Ltd
Notes to the Abridged Financial Statements
For the year ended 31 July 2025

General Information

Fast Plast Ltd is a private company, limited by shares, registered in , registration number 09681845, registration address .

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	25% Straight Line
Plant and Machinery	25% Straight Line
Fixtures and Fittings	25% Straight Line
Computer Equipment	20% Straight Line

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

2.	Average number of employees Average number of employees during the year was 3 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 August 2024	5,395	43,310	3,203	3,504	55,412
Additions	-	-	-	-	-
Disposals	-	-	-	-	-
At 31 July 2025	5,395	43,310	3,203	3,504	55,412
Depreciation
At 01 August 2024	5,005	18,948	3,203	2,916	30,072
Charge for year	-	8,121	-	309	8,430
On disposals	-	-	-	-	-
At 31 July 2025	5,005	27,069	3,203	3,225	38,502
Net book values
Closing balance as at 31 July 2025	390	16,241	-	279	16,910
Opening balance as at 01 August 2024	390	24,362	-	588	25,340

2

Registered Number: 09681845

FAST PLAST LTD

Abridged Accounts

Period of accounts Start date: 01 August 2024 End date: 31 July 2025