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
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
Speedfast Tool Hire Limited
Statement of financial position
as at 31 August 2025
Tangible assets
556,664
445,336
Cash at bank and in hand
11,618
15,131
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
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
Speedfast Tool Hire Limited
Notes to the Accounts
for the year ended 31 August 2025
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.
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
25% Reducing balance
4
Tangible fixed assets
Total
At 1 September 2024
943,699
At 31 August 2025
1,165,388
At 1 September 2024
498,363
Charge for the year
123,405
5
Average number of employees
During the year the average number of employees was 5 (2024: 5).