Fastgrand Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 03554565 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

FOR

FASTGRAND LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Y Deutsch

B Hoffman

SECRETARY:

Mrs A Deutsch

REGISTERED OFFICE:

115 Craven Park Road

South Tottenham

London

N15 6BL

REGISTERED NUMBER:

03554565 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

2

8,442

8,819

CURRENT ASSETS

Debtors

66,267

2,221

Investments

1,734

Cash at bank

70,831

135,887

138,832

139,842

CREDITORS

Amounts falling due within one year

77,534

144,028

NET CURRENT ASSETS/(LIABILITIES)

61,298

(4,186

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

69,740

4,633

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

69,739

4,632

SHAREHOLDERS' FUNDS

69,740

4,633

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 21 July 2016 and were signed on its behalf by:

Y Deutsch - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

not provided

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

29,352

Additions

1,960

At 30 April 2015

31,312

DEPRECIATION

At 1 May 2014

20,533

Charge for year

2,337

At 30 April 2015

22,870

NET BOOK VALUE

At 30 April 2015

8,442

At 30 April 2014

8,819

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

1

Ordinary

£1

1