Fairfax Management Ltd |
Registered number: |
08684934 |
Statement of Financial Position |
as at 30 September 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Current assets |
Cash at bank and in hand |
|
|
24,318 |
|
|
25,184 |
|
Creditors: amounts falling due within one year |
3 |
|
(32,869) |
|
|
(33,328) |
|
Net current liabilities |
|
|
|
(8,551) |
|
|
(8,144) |
|
Net liabilities |
|
|
|
(8,551) |
|
|
(8,144) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
(8,552) |
|
|
(8,145) |
|
Shareholders' funds |
|
|
|
(8,551) |
|
|
(8,144) |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Monika Ganjoor |
Director |
Approved by the board on 28 February 2024 |
|
Fairfax Management Ltd |
Notes to the Accounts |
for the year ended 30 September 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland. |
|
|
Going concern |
|
The company is no longer trading. |
|
|
Debtors |
|
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
|
2 |
Employees and directors |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of directors and persons employed by the company |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
3 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Accruals |
336 |
|
420 |
|
Corporation tax |
177 |
|
177 |
|
Other creditors |
32,356 |
|
32,731 |
|
|
|
|
|
|
32,869 |
|
33,328 |
|
|
|
|
|
|
|
|
|
|
4 |
Other information |
|
|
Fairfax Management Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
12 Fairfax Road |
|
London |
|
NW6 4HA |
|
GU14 7LY |