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Company Registration No. NI623762 (Northern Ireland)
FAIRWAYS OUTREACH SERVICES LTD Unaudited accounts for the year ended 31 March 2023
FAIRWAYS OUTREACH SERVICES LTD Unaudited accounts Contents
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FAIRWAYS OUTREACH SERVICES LTD Company Information for the year ended 31 March 2023
Director
Tony Dunlop
Secretary
Tony Dunlop
Company Number
NI623762 (Northern Ireland)
Registered Office
4A BALLYBOGEY ROAD BALLYMONEY ANTRIM BT53 6QD NORTHERN IRELAND
Accountants
Kevin & Margaret Duffin T/A KMD Accountancy Ardmalin 15 Inishowen Park Portstewart Londonderry BT55 7BQ
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FAIRWAYS OUTREACH SERVICES LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
213,000 
230,750 
Tangible assets
165,637 
138,770 
Investments
141,253 
117,253 
519,890 
486,773 
Current assets
Debtors
7,033 
1,080 
Cash at bank and in hand
836,698 
437,746 
843,731 
438,826 
Creditors: amounts falling due within one year
(199,916)
(129,935)
Net current assets
643,815 
308,891 
Net assets
1,163,705 
795,664 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,163,605 
795,564 
Shareholders' funds
1,163,705 
795,664 
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 May 2023 and were signed on its behalf by
Tony Dunlop Director Company Registration No. NI623762
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FAIRWAYS OUTREACH SERVICES LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
FAIRWAYS OUTREACH SERVICES LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI623762. The registered office is 4A BALLYBOGEY ROAD, BALLYMONEY, ANTRIM, BT53 6QD, NORTHERN IRELAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20%
Motor vehicles
20%
Fixtures & fittings
20%
Computer equipment
20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
355,000 
At 31 March 2023
355,000 
Amortisation
At 1 April 2022
124,250 
Charge for the year
17,750 
At 31 March 2023
142,000 
Net book value
At 31 March 2023
213,000 
At 31 March 2022
230,750 
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FAIRWAYS OUTREACH SERVICES LTD Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2022
40,946 
190,683 
16,932 
- 
248,561 
Additions
4,619 
85,200 
- 
3,058 
92,877 
Disposals
- 
(63,080)
- 
- 
(63,080)
At 31 March 2023
45,565 
212,803 
16,932 
3,058 
278,358 
Depreciation
At 1 April 2022
17,238 
82,306 
10,247 
- 
109,791 
Charge for the year
5,665 
26,099 
1,337 
612 
33,713 
On disposals
- 
(30,783)
- 
- 
(30,783)
At 31 March 2023
22,903 
77,622 
11,584 
612 
112,721 
Net book value
At 31 March 2023
22,662 
135,181 
5,348 
2,446 
165,637 
At 31 March 2022
23,708 
108,377 
6,685 
- 
138,770 
6
Investments
Other investments 
£ 
Valuation at 1 April 2022
117,253 
Additions
24,000 
Valuation at 31 March 2023
141,253 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
7,033 
- 
Amounts falling due after more than one year
Accrued income and prepayments
- 
1,080 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
54,578 
37,942 
Taxes and social security
142,522 
91,193 
Other creditors
800 
800 
Loans from directors
2,016 
- 
199,916 
129,935 
9
Average number of employees
During the year the average number of employees was 5 (2022: 4).
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