FAST INVEST LTD

Company Registration Number:
08338389 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2019

Period of accounts

Start date: 01 January 2019

End date: 31 December 2019

FAST INVEST LTD

Contents of the Financial Statements

for the Period Ended 31 December 2019

Balance sheet
Notes

FAST INVEST LTD

Balance sheet

As at 31 December 2019


Notes

2019

2018


£

£
Fixed assets
Intangible assets: 3 761 2,968
Investments: 4 0 17,346
Total fixed assets: 761 20,314
Current assets
Debtors:   6,688,363 2,834,786
Cash at bank and in hand: 1,225,154 1,026,014
Total current assets: 7,913,517 3,860,800
Creditors: amounts falling due within one year:   (7,807,456) (3,820,574)
Net current assets (liabilities): 106,061 40,226
Total assets less current liabilities: 106,822 60,540
Creditors: amounts falling due after more than one year:   (40,077) (40,077)
Provision for liabilities: (8,794)
Total net assets (liabilities): 57,951 20,463
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 56,951 19,463
Shareholders funds: 57,951 20,463

The notes form part of these financial statements

FAST INVEST LTD

Balance sheet statements

For the year ending 31 December 2019 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 January 2021
and signed on behalf of the board by:

Name: Simone Vaitkune
Status: Director

The notes form part of these financial statements

FAST INVEST LTD

Notes to the Financial Statements

for the Period Ended 31 December 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FAST INVEST LTD

Notes to the Financial Statements

for the Period Ended 31 December 2019

2. Employees

2019 2018
Average number of employees during the period 5 3

FAST INVEST LTD

Notes to the Financial Statements

for the Period Ended 31 December 2019

3. Intangible Assets

Total
Cost £
At 01 January 2019 2,968
At 31 December 2019 2,968
Amortisation
At 01 January 2019 0
Other adjustments 2,207
At 31 December 2019 2,207
Net book value
At 31 December 2019 761
At 31 December 2018 2,968

FAST INVEST LTD

Notes to the Financial Statements

for the Period Ended 31 December 2019

4. Fixed investments

The rights to a business name