0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-11-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP SC039031 2022-11-01 2023-10-31 SC039031 2023-10-31 SC039031 2022-10-31 SC039031 2021-11-01 2022-10-31 SC039031 2022-10-31 SC039031 2021-10-31 SC039031 bus:Director3 2022-11-01 2023-10-31 SC039031 core:WithinOneYear 2023-10-31 SC039031 core:WithinOneYear 2022-10-31 SC039031 bus:Micro-entities 2022-11-01 2023-10-31 SC039031 bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 SC039031 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 SC039031 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 SC039031 bus:FullAccounts 2022-11-01 2023-10-31 SC039031 bus:Director1 2022-11-01 2023-10-31
COMPANY REGISTRATION NUMBER: SC039031
The Fairmuir Property Investment Company Ltd
Filleted Unaudited Financial Statements
31 October 2023
The Fairmuir Property Investment Company Ltd
Financial Statements
Year ended 31 October 2023
Contents
Page
Statement of financial position and the notes to the financial statements
1
The Fairmuir Property Investment Company Ltd
Statement of Financial Position
31 October 2023
2023
2022
£
£
Fixed assets
2
2
----
----
Current assets
113,139
114,752
Creditors: amounts falling due within one year
140,967
139,893
---------
---------
Net current liabilities
27,828
25,141
--------
--------
Total assets less current liabilities
( 27,826)
( 25,139)
Accruals and deferred income
1,188
825
--------
--------
(29,014)
(25,964)
--------
--------
Capital and reserves
( 29,014)
( 25,964)
--------
--------
Notes to the financial statements
1. Directors' advances, credits and guarantees
At the year end, the directors were due to pay £18,391 to the company (2022 - Nil) which is shown in Current assets. This loan does not attract interest and has been repaid in full since the year end.
2. Going concern
The company has a negative balance sheet at this and the prior year end. However, the directors believe the company to still be a going concern as looking forward the company has sufficient support from its parent company and has minimal outgoings.
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 9 October 2024 , and are signed on behalf of the board by:
J F Paterson
Director
Company registration number: SC039031
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Tayview, South Union Street, Monifieth, Angus, DD5 4GH.