Fastklean Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 04632597 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Fastklean Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms A Tsocheva

REGISTERED OFFICE:

196 Lancaster Road

Enfield

Middlesex

EN2 0JH

REGISTERED NUMBER:

04632597 (England and Wales)

FIXED ASSETS

Tangible assets

4

28,645

34,006

CURRENT ASSETS

Debtors

5

109,128

109,579

Cash at bank and in hand

166,657

113,130

275,785

222,709

CREDITORS

Amounts falling due within one year

6

66,199

46,020

NET CURRENT ASSETS

209,586

176,689

TOTAL ASSETS LESS CURRENT LIABILITIES

238,231

210,695

PROVISIONS FOR LIABILITIES

7

5,729

6,801

NET ASSETS

232,502

203,894

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

232,500

203,892

SHAREHOLDERS' FUNDS

232,502

203,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 14 August 2017 and were signed by:

Ms A Tsocheva - Director

1.	STATUTORY INFORMATION

Fastklean Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services, 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 47 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2016

10,121

28,229

2,080

30,716

71,146

Additions

-

-

-

4,187

4,187

At 31 March 2017

10,121

28,229

2,080

34,903

75,333

DEPRECIATION

At 1 April 2016

8,328

11,183

1,422

16,207

37,140

Charge for year

448

4,261

165

4,674

9,548

At 31 March 2017

8,776

15,444

1,587

20,881

46,688

NET BOOK VALUE

At 31 March 2017

1,345

12,785

493

14,022

28,645

At 31 March 2016

1,793

17,046

658

14,509

34,006

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Other debtors

109,128

109,579

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Taxation and social security

35,559

37,468

Other creditors

30,640

8,552

66,199

46,020

7.	PROVISIONS FOR LIABILITIES

31.3.17

31.3.16

£

£

Deferred tax

5,729

6,801

Deferred

tax

£

Balance at 1 April 2016

6,801

Provided during year

(1,072

)

Balance at 31 March 2017

5,729

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

2

Ordinary

£1

2

2

9.

RESERVES

Retained

earnings

£

At 1 April 2016

203,891

Profit for the year

38,609

Dividends

(10,000

)

At 31 March 2017

232,500

10.	RELATED PARTY DISCLOSURES

Other debtors include a balance of £47,473 (2016: £47,473 ) relate to FK Domestics Limited where Fastklean

Holding Limited is 100% shareholder.

Other debtor balance of £75,000 (2016: £80,000) relates to To Investment Limited where Ms A Tsocheva is also

a director and shareholder.

Director's current account credit balance of £7,901 (2016: £46) relates to director A Tsocheva.

11.	ULTIMATE CONTROLLING PARTY

12.	FIRST YEAR ADOPTION

There were no transitional adjustments due to adoption of FRS 102 (1A) during the year.