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REGISTERED NUMBER: 13136560 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2023

FOR

KAYBER (FAIRCLOUGH) LIMITED

KAYBER (FAIRCLOUGH) LIMITED (REGISTERED NUMBER: 13136560)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KAYBER (FAIRCLOUGH) LIMITED

COMPANY INFORMATION
for the Year Ended 31st January 2023







DIRECTOR: Mr G P Underhill





REGISTERED OFFICE: Reedham House
31 King Street West
Manchester
M3 2PN





REGISTERED NUMBER: 13136560 (England and Wales)





ACCOUNTANTS: KJG
100 Barbirolli Square
Manchester
M2 3BD

KAYBER (FAIRCLOUGH) LIMITED (REGISTERED NUMBER: 13136560)

BALANCE SHEET
31st January 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investment property 4 1,073,828 1,069,028

CURRENT ASSETS
Debtors 5 48,213 100
Cash at bank 1 442
48,214 542
CREDITORS
Amounts falling due within one year 6 (1,386,794 ) (1,227,088 )
NET CURRENT LIABILITIES (1,338,580 ) (1,226,546 )
TOTAL ASSETS LESS CURRENT LIABILITIES (264,752 ) (157,518 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (264,852 ) (157,618 )
SHAREHOLDERS' FUNDS (264,752 ) (157,518 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

KAYBER (FAIRCLOUGH) LIMITED (REGISTERED NUMBER: 13136560)

BALANCE SHEET - continued
31st January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28th November 2023 and were signed by:





Mr G P Underhill - Director


KAYBER (FAIRCLOUGH) LIMITED (REGISTERED NUMBER: 13136560)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2023


1. STATUTORY INFORMATION

Kayber (Fairclough) Limited is a private company, limited by share capital, incorporated in England and Wales, registration number 13136560. The address of the registered office and principle place of business is Reedham House, 31 King Street West, Manchester, M3 2PN.

2. ACCOUNTING POLICIES

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

The concept of going concern is an underlying assumption in the production of financial statements. As there are considerable net liabilities there is a question mark over going concern. Although there is no formal agreement in place the directors has indicated they will continue to provide financial support to the company for at least the next 12 months.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the trade debtors and other debtors are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

KAYBER (FAIRCLOUGH) LIMITED (REGISTERED NUMBER: 13136560)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st January 2023


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st February 2022 1,069,028
Additions 4,800
At 31st January 2023 1,073,828
NET BOOK VALUE
At 31st January 2023 1,073,828
At 31st January 2022 1,069,028

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 48,113 -
Other debtors 100 100
48,213 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 640,004 630,000
Trade creditors 11,700 -
Other creditors 735,090 597,088
1,386,794 1,227,088

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 640,004 630,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1.00 100 100