Company Registration No. 11191513 (England and Wales)
Fairview Technology Limited
Unaudited accounts
for the year ended 29 February 2024
Fairview Technology Limited
Unaudited accounts
Contents
Fairview Technology Limited
Company Information
for the year ended 29 February 2024
Company Number
11191513 (England and Wales)
Registered Office
Iona, Wootton Road
Tiptoe
Lymington
Hampshire
SO41 6FU
ENGLAND
Accountants
Easy Accountants
New Forest Enterprise Centre
Rushington Business Park
Totton
Hampshire
SO40 9LA
Fairview Technology Limited
Statement of financial position
as at 29 February 2024
Tangible assets
1,146
1,102
Cash at bank and in hand
121,401
132,000
Creditors: amounts falling due within one year
(33,461)
(38,263)
Net current assets
87,940
102,377
Called up share capital
10
10
Profit and loss account
89,076
103,469
Shareholders' funds
89,086
103,479
For the year ending 29 February 2024 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 8 April 2024 and were signed on its behalf by
Anthony Weller
Director
Company Registration No. 11191513
Fairview Technology Limited
Notes to the Accounts
for the year ended 29 February 2024
Fairview Technology Limited is a private company, limited by shares, registered in England and Wales, registration number 11191513. The registered office is Iona, Wootton Road, Tiptoe, Lymington, Hampshire, SO41 6FU, 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 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:
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
176
2,108
2,284
At 29 February 2024
176
2,533
2,709
At 1 March 2023
121
1,061
1,182
Charge for the year
13
368
381
At 29 February 2024
134
1,429
1,563
At 29 February 2024
42
1,104
1,146
At 28 February 2023
55
1,047
1,102
Amounts falling due after more than one year
Fairview Technology Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
10,553
20,959
Loans from directors
13,728
9,283
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).