Abbreviated Company Accounts - FAST COMPLETION LTD

Abbreviated Company Accounts - FAST COMPLETION LTD


Registered Number 08772831

FAST COMPLETION LTD

Abbreviated Accounts

31 March 2015

FAST COMPLETION LTD Registered Number 08772831

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015
£
Fixed assets
Tangible assets 2 667
667
Current assets
Cash at bank and in hand 14,231
14,231
Creditors: amounts falling due within one year (14,857)
Net current assets (liabilities) (626)
Total assets less current liabilities 41
Total net assets (liabilities) 41
Capital and reserves
Called up share capital 3 5
Profit and loss account 36
Shareholders' funds 41
  • For the year ending 31 March 2015 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 27 July 2015

And signed on their behalf by:
Mr D France, Director

FAST COMPLETION LTD Registered Number 08772831

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are 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 receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment 33.3% Straight line

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

2Tangible fixed assets
£
Cost
Additions 1,000
Disposals -
Revaluations -
Transfers -
At 31 March 2015 1,000
Depreciation
Charge for the year 333
On disposals -
At 31 March 2015 333
Net book values
At 31 March 2015 667
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
5 Ordinary shares of £1 each 5

5 Ordinary shares of £1 each were issued during the period ended 31 March 2015