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Registered number: 05125087
FAST FIT PLUS LIMITED
Unaudited Financial Statements
For The Year Ended 31 August 2025
J M Tranter & Co
1 Dennis Buildings
87a King William Street
Amblecote, Stourbridge
West Midlands
DY8 4HD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05125087
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,399 29,865
22,399 29,865
CURRENT ASSETS
Stocks 5 21,496 23,721
Debtors 6 37,337 44,581
Cash at bank and in hand 175,546 129,728
234,379 198,030
Creditors: Amounts Falling Due Within One Year 7 (83,294 ) (76,756 )
NET CURRENT ASSETS (LIABILITIES) 151,085 121,274
TOTAL ASSETS LESS CURRENT LIABILITIES 173,484 151,139
NET ASSETS 173,484 151,139
CAPITAL AND RESERVES
Called up share capital 2 2
Profit and Loss Account 173,482 151,137
SHAREHOLDERS' FUNDS 173,484 151,139
Page 1
Page 2
For the year ending 31 August 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr J Thom
Director
31/03/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fast Fit Plus Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05125087 . The registered office is Unit 2/3, Bromsgrove Road, Halesowen, West Midlands, B63 3HJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold over the lease term
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% straight line
2.4. Taxation
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.
Tax deferred or accelerated for in respect of all material timing differences.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 8)
8 8
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 September 2024 7,536 28,409 53,444 10,457 99,846
As at 31 August 2025 7,536 28,409 53,444 10,457 99,846
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 September 2024 7,536 26,724 25,489 10,232 69,981
Provided during the period - 421 6,989 56 7,466
As at 31 August 2025 7,536 27,145 32,478 10,288 77,447
Net Book Value
As at 31 August 2025 - 1,264 20,966 169 22,399
As at 1 September 2024 - 1,685 27,955 225 29,865
5. Stocks
2025 2024
£ £
Stock 21,496 23,721
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 23,509 30,979
Other debtors : rent bond 6,250 6,250
Prepayments and accrued income 7,578 7,352
37,337 44,581
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 28,434 31,001
Corporation tax 33,395 22,560
Other taxes and social security 16,500 17,800
Accruals 4,146 4,790
Directors' loan accounts 819 605
83,294 76,756
8. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 77,000 75,000
Page 4