Fastfix Drainage and Plumbing Ltd
Unaudited accounts
Contents
Fastfix Drainage and Plumbing Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
283,690
257,738
Cash at bank and in hand
88,767
25,136
Creditors: amounts falling due within one year
(301,367)
(328,451)
Net current liabilities
(14,292)
(119,413)
Total assets less current liabilities
269,398
138,325
Creditors: amounts falling due after more than one year
(269,066)
(136,050)
Called up share capital
1,000
1,000
Profit and loss account
(668)
1,275
Shareholders' funds
332
2,275
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 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 of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by
Andrew Findlay
Director
Company Registration No. 12727917
Fastfix Drainage and Plumbing Ltd
Notes to the Accounts
for the year ended 31 August 2025
Fastfix Drainage and Plumbing Ltd is a private company, limited by shares, registered in England and Wales, registration number 12727917. The registered office is Second Floor, 49 High Street, Thornbury, Bristol, BS35 2AR, 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.
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
Depreciating over 10 years with drainage equipment depreciating over 5 years
Motor vehicles
Depreciating over 4 years
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
213,538
165,242
2,163
380,943
Additions
12,851
96,302
419
109,572
At 31 August 2025
226,389
261,544
2,582
490,515
At 1 September 2024
47,301
75,452
452
123,205
Charge for the year
39,269
43,852
499
83,620
At 31 August 2025
86,570
119,304
951
206,825
At 31 August 2025
139,819
142,240
1,631
283,690
At 31 August 2024
166,237
89,790
1,711
257,738
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
56,476
80,129
- Motor vehicles
160,672
80,621
Fastfix Drainage and Plumbing Ltd
Notes to the Accounts
for the year ended 31 August 2025
Amounts falling due within one year
Trade debtors
137,907
148,650
Accrued income and prepayments
25,538
2,042
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
46,914
100,997
Obligations under finance leases and hire purchase contracts
83,418
51,700
Trade creditors
47,753
74,763
Taxes and social security
50,998
33,126
Other creditors
17,799
7,215
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Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
133,731
109,050
Loans from directors
120,335
-
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Average number of employees
During the year the average number of employees was 17 (2024: 18).