Fast Forward (Factors) Limited

Registered number

04202060

Filleted Accounts

30 April 2026

Fast Forward (Factors) Limited
Registered number:		04202060
Balance Sheet
as at 30 April 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		58,277			69,639

Current assets
Stocks		6,222			6,556
Debtors	4	37,997			21,440
Cash at bank and in hand		389,253			356,276
		433,472			384,272

Creditors: amounts falling due within one year	5	(39,608)			(30,404)

Net current assets			393,864			353,868

Total assets less current liabilities			452,141			423,507

Creditors: amounts falling due after more than one year	6		(2,661)			(9,494)



Net assets			449,480			414,013

Capital and reserves
Called up share capital			2			2
Profit and loss account			449,478			414,011

Shareholders' funds			449,480			414,013

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.




M Ravenall
Director
Approved by the board on 29 July 2026

Fast Forward (Factors) Limited
Notes to the Accounts
for the year ended 30 April 2026


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.

	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, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles	15% reducing balance
	Fixtures, fittings, tools and equipment	25% reducing balance

	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 (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			4		4


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 May 2025	8,247		82,395		90,642
	Additions	-		10,870		10,870
	Disposals	-		(28,355)		(28,355)
	At 30 April 2026	8,247		64,910		73,157

	Depreciation
	At 1 May 2025	8,217		12,786		21,003
	Charge for the year	7		8,167		8,174
	On disposals	-		(14,297)		(14,297)
	At 30 April 2026	8,224		6,656		14,880

	Net book value
	At 30 April 2026	23		58,254		58,277
	At 30 April 2025	30		69,609		69,639


4	Debtors			2026		2025
£					£

	Trade debtors			37,997		21,440


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			7,402		6,832
	Trade creditors			3,585		3,585
	Taxation and social security costs			20,456		16,230
	Other creditors			8,165		3,757
				39,608		30,404


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			2,661		9,494


7	Other information

	Fast Forward (Factors) Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 11, Clipper Park
	Thurrock Park Way
	Tilbury
	RM18 7HG