Abbreviated Company Accounts - FAST TRACK TRANSPORT LIMITED

FAST TRACK TRANSPORT LIMITED - Company Information

04582975 FAST TRACK TRANSPORT LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 04582975 2013-07-01 2014-06-30 04582975 2014-06-30 04582975 2013-06-30 04582975 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 04582975 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 04582975

FAST TRACK TRANSPORT LIMITED

Abbreviated Accounts

30 June 2014

FAST TRACK TRANSPORT LIMITED Registered Number 04582975

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	19,426	17,002
		19,426	17,002
Current assets
Debtors		22,041	18,725
Cash at bank and in hand		61,231	33,145
		83,272	51,870
Creditors: amounts falling due within one year		(62,890)	(52,702)
Net current assets (liabilities)		20,382	(832)
Total assets less current liabilities		39,808	16,170
Total net assets (liabilities)		39,808	16,170
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		39,708	16,070
Shareholders' funds		39,808	16,170

For the year ending 30 June 2014 the company was entitled to exemption 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 March 2015

And signed on their behalf by:
J I Scott, Director

FAST TRACK TRANSPORT LIMITED Registered Number 04582975

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant and machinery - 25% reducing balance
Motor vehicles - 25% reducing balance
Fixtures and fittings - 25% reducing balance
Computer equipment - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 July 2013	44,858
Additions	8,900
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	53,758
Depreciation
At 1 July 2013	27,856
Charge for the year	6,476
On disposals	-
At 30 June 2014	34,332
Net book values
At 30 June 2014	19,426
At 30 June 2013	17,002

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100