FAST FEASTS LIMITED - Abbreviated accounts

FAST FEASTS LIMITED - Abbreviated accounts


Registered number
05063181
FAST FEASTS LIMITED
Abbreviated Accounts
31 March 2016
FAST FEASTS LIMITED
Report to the director on the preparation of the unaudited abbreviated accounts of FAST FEASTS LIMITED for the year ended 31 March 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of FAST FEASTS LIMITED for the year ended 31 March 2016 which comprise of the balance sheet and the related notes 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://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Butt & Co Accountants Ltd
Accountants
161 Ley Street
Ilford
Essex
IG1 4BL
21 November 2016
FAST FEASTS LIMITED
Registered number: 05063181
Abbreviated Balance Sheet
as at 31 March 2016
Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 9,216 392
Current assets
Cash at bank and in hand 15,340 22,045
Creditors: amounts falling due within one year (2,120) (2,652)
Net current assets 13,220 19,393
Net assets 22,436 19,785
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 22,336 19,685
Shareholder's funds 22,436 19,785
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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 in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Harpreet Singh Chouhan
Director
Approved by the board on 21 November 2016
FAST FEASTS LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Motor vehicles 20% Reducing Balance
Office Equipment 20% Reducing Balance
2 Tangible fixed assets £
Cost
At 1 April 2015 1,994
Additions 11,127
At 31 March 2016 13,121
Depreciation
At 1 April 2015 1,602
Charge for the year 2,303
At 31 March 2016 3,905
Net book value
At 31 March 2016 9,216
At 31 March 2015 392
3 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
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