F.A.S. (U.K.) LIMITED - Filleted accounts

F.A.S. (U.K.) LIMITED
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Stocks		-			-
Cash at bank and in hand		-			3,248

		-			3,248

Creditors: amounts falling due within one year	3	(314)			(3,562)

Net current liabilities			(314)			(314)

Total assets less current liabilities			(314)			(314)


Net liabilities			(314)			(314)

Capital and reserves
Called up share capital			10			10
Profit and loss account			(324)			(324)

Shareholders' funds			(314)			(314)


The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

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.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C. TIMBEY
Director
Approved by the board on 19 May 2026

F.A.S. (U.K.) LIMITED
Notes to the Accounts
for the year ended 31 August 2025





1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	The company was dormant throughout the year.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Fixtures, fittings and equipment	20% reducing balance basis

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price.




	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		2		2






3	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		-		1,000
	Other taxes and social security costs		-		2,058
	Directors' loan account		314		504
			314		3,562


4	Controlling party
	The directors of the company at the Balance Sheet date, Mr. C. Timbey and Mrs. A. Timbey, each own 50% of the issued share capital of the company.


5	Other information
	F.A.S. (U.K.) LIMITED is a private company limited by shares and incorporated in England (Company Number 04865394). Its registered office is St. Paul's House, North Street, Newcastle-under-Lyme, Staffordshire, ST5 1AZ .