1 September 2024 false No description of principal activity Taxfiler 2024.6 10795664 business:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 10795664 2024-08-31 10795664 2024-09-01 2025-08-31 10795664 business:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 10795664 business:AbridgedAccounts 2024-09-01 2025-08-31 10795664 2025-08-31 10795664 business:Director1 2024-09-01 2025-08-31 10795664 business:Director2 2024-09-01 2025-08-31 10795664 business:RegisteredOffice 2024-09-01 2025-08-31 10795664 2024-08-31 10795664 core:WithinOneYear 2025-08-31 10795664 core:WithinOneYear 2024-08-31 10795664 core:ShareCapital core:PreviouslyStatedAmount 2025-08-31 10795664 core:ShareCapital core:PreviouslyStatedAmount 2024-08-31 10795664 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-08-31 10795664 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-08-31 10795664 core:PreviouslyStatedAmount 2025-08-31 10795664 core:PreviouslyStatedAmount 2024-08-31 10795664 business:SmallEntities 2024-09-01 2025-08-31 10795664 countries:EnglandWales 2024-09-01 2025-08-31 10795664 core:PlantMachinery 2024-09-01 2025-08-31 10795664 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Company Registration No. 10795664 (England and Wales)
Speedfast Tool Hire Limited Unaudited accounts for the year ended 31 August 2025
Speedfast Tool Hire Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Speedfast Tool Hire Limited Company Information for the year ended 31 August 2025
Directors
Mr Jack Lucey Jack Christopher Lucey
Company Number
10795664 (England and Wales)
Registered Office
67 Pontygwindy Road Caerphilly CF83 3HD United Kingdom
Accountants
DC Tax & Accounts Ltd 5 Bedwas House Greenway, Bedwas Caerphilly CF83 8GF
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Speedfast Tool Hire Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
556,664
445,336
Current assets
Debtors
11
11
Cash at bank and in hand
11,618
15,131
11,629
15,142
Creditors: amounts falling due within one year
(35,255)
37,344
Net current (liabilities)/assets
(23,626)
52,486
Net assets
533,038
497,822
Capital and reserves
Called up share capital
10
10
Profit and loss account
533,028
497,812
Shareholders' funds
533,038
497,822
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 5 June 2026 and were signed on its behalf by
Jack Christopher Lucey Director Company Registration No. 10795664
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Speedfast Tool Hire Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Speedfast Tool Hire Limited is a private company, limited by shares, registered in England and Wales, registration number 10795664. The registered office is 67 Pontygwindy Road, Caerphilly, CF83 3HD, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% Reducing balance
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 September 2024
943,699
Additions
246,389
Disposals
(24,700)
At 31 August 2025
1,165,388
Depreciation
At 1 September 2024
498,363
Charge for the year
123,405
On disposals
(13,044)
At 31 August 2025
608,724
Net book value
At 31 August 2025
556,664
At 31 August 2024
445,336
5
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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