Company Registration No. 12453568 (England and Wales)
Fair Nest Properties Limited
Unaudited accounts
for the year ended 28 February 2023
Fair Nest Properties Limited
Unaudited accounts
Contents
Fair Nest Properties Limited
Company Information
for the year ended 28 February 2023
Directors
BANDI, Chandra Mohan
CHHAPADIA, Mohan
THOTA, Praveen Kumar
Company Number
12453568 (England and Wales)
Registered Office
124 ACRE ROAD
KINGSTON UPON THAMES
KT2 6EN
ENGLAND
Accountants
Advice4accounts ltd
101a Melton road
Leicester
Leicester
United Kingdom
LE4 6PN
Fair Nest Properties Limited
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
7,285
Creditors: amounts falling due within one year
(43,433)
Net current liabilities
(36,148)
Total assets less current liabilities
174,852
Creditors: amounts falling due after more than one year
(167,656)
Profit and loss account
7,196
For the year ending 28 February 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 directors acknowledge their 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 of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by
BANDI, Chandra Mohan
Director
Company Registration No. 12453568
Fair Nest Properties Limited
Notes to the Accounts
for the year ended 28 February 2023
Fair Nest Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12453568. The registered office is 124 ACRE ROAD, KINGSTON UPON THAMES, KT2 6EN, ENGLAND.
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 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:
Land & buildings
Revaluation Done Every year
4
Tangible fixed assets
Plant & machinery
At 28 February 2023
211,000
At 28 February 2023
211,000
5
Creditors: amounts falling due within one year
2023
Loans from directors
41,977
Fair Nest Properties Limited
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due after more than one year
2023
Taxes and social security
(267)
7
Average number of employees
During the year the average number of employees was 0.