Company registration number 08285015 (England and Wales)
FAST FEET FOOTBALL ACADEMY LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
FAST FEET FOOTBALL ACADEMY LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
FAST FEET FOOTBALL ACADEMY LTD
BALANCE SHEET
AS AT
29 NOVEMBER 2025
29 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
3,611
3,450
Current assets
Debtors
5
38,220
10,337
Cash at bank and in hand
33,570
116,941
71,790
127,278
Creditors: amounts falling due within one year
6
(65,855)
(71,887)
Net current assets
5,935
55,391
Total assets less current liabilities
9,546
58,841
Creditors: amounts falling due after more than one year
7
-
0
(1,752)
Provisions for liabilities
(762)
(820)
Net assets
8,784
56,269
Capital and reserves
Called up share capital
8
1
1
Profit and loss reserves
8,783
56,268
Total equity
8,784
56,269
FAST FEET FOOTBALL ACADEMY LTD
BALANCE SHEET (CONTINUED)
AS AT
29 NOVEMBER 2025
29 November 2025
- 2 -

For the financial year ended 29 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 1 July 2026 and are signed on its behalf by:
E Rutter
Director
Company registration number 08285015 (England and Wales)
FAST FEET FOOTBALL ACADEMY LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2025
- 3 -
1
Accounting policies
Company information

Fast Feet Football Academy Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 2 Gosforth Park Avenue, Newcastle Upon Tyne, England, NE12 8EG.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
20% straight line
Computers
25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

FAST FEET FOOTBALL ACADEMY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 NOVEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

FAST FEET FOOTBALL ACADEMY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 NOVEMBER 2025
1
Accounting policies
(Continued)
- 5 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received, if considered material to the financial statements.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.13
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

FAST FEET FOOTBALL ACADEMY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 NOVEMBER 2025
- 6 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
15
9
3
Intangible fixed assets
Goodwill
£
Cost
At 30 November 2024 and 29 November 2025
8,040
Amortisation and impairment
At 30 November 2024 and 29 November 2025
8,040
Carrying amount
At 29 November 2025
-
0
At 29 November 2024
-
0
4
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 30 November 2024
14,786
6,492
21,278
Additions
454
1,235
1,689
Disposals
-
0
(188)
(188)
At 29 November 2025
15,240
7,539
22,779
Depreciation and impairment
At 30 November 2024
14,394
3,434
17,828
Depreciation charged in the year
384
1,017
1,401
Eliminated in respect of disposals
-
0
(61)
(61)
At 29 November 2025
14,778
4,390
19,168
Carrying amount
At 29 November 2025
462
3,149
3,611
At 29 November 2024
392
3,058
3,450
FAST FEET FOOTBALL ACADEMY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 NOVEMBER 2025
- 7 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
360
-
0
Other debtors
37,860
10,337
38,220
10,337
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
8,029
4,116
Trade creditors
3,953
7,884
Corporation tax
6,721
19,631
Other taxation and social security
35,753
35,436
Other creditors
11,399
4,820
65,855
71,887
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
0
1,752
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
0
1
-
0
1
A Ordinary shares of 1p each
50
0
0.5
-
0
B Ordinary shares of 1p each
50
0
0.5
-
0
100
1
1
1

On 4 April 2025 the company sub-divided its £1 ordinary share into 100 £0.01 ordinary shares.

Also on 4 April 2025, 50 £0.01 ordinary shares were converted to £0.01 A ordinary shares and 50 £0.01 ordinary shares were converted to £0.01 B ordinary shares.

FAST FEET FOOTBALL ACADEMY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 NOVEMBER 2025
- 8 -
9
Directors' transactions

Advances or credits have been granted by the company to its directors as follows:

Advances
% Rate
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Directors' loan
-
4,449
136,142
(106,332)
34,259
4,449
136,142
(106,332)
34,259

There are no set terms as to repayment of these balances and no interest accrued thereon.

2025-11-29 2024-11-30 false false false 01 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity M Rutter E Rutter 08285015 2024-11-30 2025-11-29 08285015 2025-11-29 08285015 2024-11-29 08285015 core:FurnitureFittings 2025-11-29 08285015 core:ComputerEquipment 2025-11-29 08285015 core:FurnitureFittings 2024-11-29 08285015 core:ComputerEquipment 2024-11-29 08285015 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-29 08285015 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-29 08285015 core:Non-currentFinancialInstruments core:AfterOneYear 2025-11-29 08285015 core:Non-currentFinancialInstruments core:AfterOneYear 2024-11-29 08285015 core:CurrentFinancialInstruments 2025-11-29 08285015 core:CurrentFinancialInstruments 2024-11-29 08285015 core:ShareCapital 2025-11-29 08285015 core:ShareCapital 2024-11-29 08285015 core:RetainedEarningsAccumulatedLosses 2025-11-29 08285015 core:RetainedEarningsAccumulatedLosses 2024-11-29 08285015 core:ShareCapitalOrdinaryShareClass1 2025-11-29 08285015 core:ShareCapitalOrdinaryShareClass1 2024-11-29 08285015 core:ShareCapitalOrdinaryShareClass2 2024-11-29 08285015 core:ShareCapitalOrdinaryShareClass3 2024-11-29 08285015 core:ShareCapitalOrdinaryShares 2025-11-29 08285015 core:ShareCapitalOrdinaryShares 2024-11-29 08285015 bus:Director2 2024-11-30 2025-11-29 08285015 core:Goodwill 2024-11-30 2025-11-29 08285015 core:FurnitureFittings 2024-11-30 2025-11-29 08285015 core:ComputerEquipment 2024-11-30 2025-11-29 08285015 2023-11-30 2024-11-29 08285015 core:NetGoodwill 2024-11-29 08285015 core:NetGoodwill 2025-11-29 08285015 core:NetGoodwill 2024-11-29 08285015 core:FurnitureFittings 2024-11-29 08285015 core:ComputerEquipment 2024-11-29 08285015 2024-11-29 08285015 core:Non-currentFinancialInstruments 2025-11-29 08285015 core:Non-currentFinancialInstruments 2024-11-29 08285015 bus:OrdinaryShareClass1 2024-11-30 2025-11-29 08285015 bus:OrdinaryShareClass2 2024-11-30 2025-11-29 08285015 bus:OrdinaryShareClass3 2024-11-30 2025-11-29 08285015 bus:OrdinaryShareClass1 2025-11-29 08285015 bus:OrdinaryShareClass1 2024-11-29 08285015 bus:OrdinaryShareClass2 2025-11-29 08285015 bus:OrdinaryShareClass2 2024-11-29 08285015 bus:OrdinaryShareClass3 2025-11-29 08285015 bus:OrdinaryShareClass3 2024-11-29 08285015 bus:AllOrdinaryShares 2025-11-29 08285015 bus:AllOrdinaryShares 2024-11-29 08285015 bus:PrivateLimitedCompanyLtd 2024-11-30 2025-11-29 08285015 bus:SmallCompaniesRegimeForAccounts 2024-11-30 2025-11-29 08285015 bus:FRS102 2024-11-30 2025-11-29 08285015 bus:AuditExemptWithAccountantsReport 2024-11-30 2025-11-29 08285015 bus:Director1 2024-11-30 2025-11-29 08285015 bus:FullAccounts 2024-11-30 2025-11-29 xbrli:pure xbrli:shares iso4217:GBP