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
FAIRWAYS OUTREACH SERVICES LTD
Company Information
for the year ended 31 March 2023
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
FAIRWAYS OUTREACH SERVICES LTD
Statement of financial position
as at 31 March 2023
Intangible assets
213,000
230,750
Tangible assets
165,637
138,770
Investments
141,253
117,253
Cash at bank and in hand
836,698
437,746
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
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
FAIRWAYS OUTREACH SERVICES LTD
Notes to the Accounts
for the year ended 31 March 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the year
17,750
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
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
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
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Investments
Other investments
Valuation at 1 April 2022
117,253
Valuation at 31 March 2023
141,253
Amounts falling due within one year
Amounts falling due after more than one year
Accrued income and prepayments
-
1,080
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
54,578
37,942
Taxes and social security
142,522
91,193
Loans from directors
2,016
-
9
Average number of employees
During the year the average number of employees was 5 (2022: 4).