Fast Projects Limited - Period Ending 2017-03-31

Fast Projects Limited - Period Ending 2017-03-31


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Registration number: 03898877

Fast Projects Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2017

Thorntons
Chartered Certified Accountants
176-178 Pontefract Road
Cudworth
Barnsley
South Yorkshire
S72 8BE

 

Fast Projects Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 5

Notes to the Financial Statements

4

 

Fast Projects Limited

Company Information

Directors

Mr Ian Fraser

Mrs Marian Fraser

Company secretary

Mrs Marian Fraser

Registered office

176/178 Pontefract Road
Cudworth
Barnsley
South Yorkshire
S72 8BE

Accountants

Thorntons
Chartered Certified Accountants
176-178 Pontefract Road
Cudworth
Barnsley
South Yorkshire
S72 8BE

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Fast Projects Limited
for the Year Ended 31 March 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Fast Projects Limited for the year ended 31 March 2017 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/gb/en/discover/public-value/rulebook.html.

This report is made solely to the Board of Directors of Fast Projects Limited, as a body, in accordance with the terms of our engagement letter dated 23 August 2006. Our work has been undertaken solely to prepare for your approval the accounts of Fast Projects Limited and state those matters that we have agreed to state to the Board of Directors of Fast Projects Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fast Projects Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Fast Projects Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Fast Projects Limited. You consider that Fast Projects Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Fast Projects Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Thorntons
Chartered Certified Accountants
176-178 Pontefract Road
Cudworth
Barnsley
South Yorkshire
S72 8BE

2 October 2017

 

Fast Projects Limited

(Registration number: 03898877)
Balance Sheet as at 31 March 2017

Note

2017
£

2016
£

Fixed assets

 

1,247,362

1,487,411

Current assets

 

96

11,392

Creditors: Amounts falling due within one year

 

(675,831)

(830,541)

Net current liabilities

 

(675,735)

(819,149)

Total assets less current liabilities

 

571,627

668,262

Creditors: Amounts falling due after more than one year

 

(299,067)

(336,172)

Accruals and deferred income

 

(5,148)

(2,580)

   

267,412

329,510

Capital and reserves

 

267,412

329,510

 

Fast Projects Limited

(Registration number: 03898877)
Balance Sheet as at 31 March 2017

Notes to the Financial Statements for the Year Ended 31 March 2017

1

General information

The company is a private company limited by share capital incorporated in England & Wales.

The address of its registered office is:
176/178 Pontefract Road
Cudworth
Barnsley
South Yorkshire
S72 8BE

The principal place of business is:
Laurel bank
Newlay Wood Road
LEEDS
LS18 4LF

These financial statements were authorised for issue by the Board on 2 October 2017.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

 

Fast Projects Limited

(Registration number: 03898877)
Balance Sheet as at 31 March 2017

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 2 October 2017 and signed on its behalf by:
 

.........................................

Mr Ian Fraser

Director