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Company Registration No. 14823237 (England and Wales)
FAIRMEADOWS SERVICES LIMITED Unaudited accounts for the period from 24 April 2023 to 30 April 2024
FAIRMEADOWS SERVICES LIMITED Unaudited accounts Contents
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FAIRMEADOWS SERVICES LIMITED Company Information for the period from 24 April 2023 to 30 April 2024
Director
M R Drabble
Company Number
14823237 (England and Wales)
Registered Office
7 High Street Chapel-en-le-Frith High Peak SK23 0HD United Kingdom
Accountants
Stoney Philbin & Company Limited 7 High Street Chapel-en-le-Frith High Peak SK23 0HD
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FAIRMEADOWS SERVICES LIMITED Statement of financial position as at 30 April 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
61,707 
Current assets
Cash at bank and in hand
10,170 
Creditors: amounts falling due within one year
(88,922)
Net current liabilities
(78,752)
Net liabilities
(17,045)
Capital and reserves
Called up share capital
100 
Profit and loss account
(17,145)
Shareholders' funds
(17,045)
For the period ending 30 April 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 4 October 2024 and were signed on its behalf by
M R Drabble Director Company Registration No. 14823237
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FAIRMEADOWS SERVICES LIMITED Notes to the Accounts for the period from 24 April 2023 to 30 April 2024
1
Statutory information
FAIRMEADOWS SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14823237. The registered office is 7 High Street, Chapel-en-le-Frith, High Peak, SK23 0HD, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
15% reducing balance basis
Computer equipment
15% reducing balance basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
There was a net deficiency of assets at the balance sheet date, however the director has confirmed continued support and considers the company retains sufficient working capital to continue trading for the foreseeable future.
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FAIRMEADOWS SERVICES LIMITED Notes to the Accounts for the period from 24 April 2023 to 30 April 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 24 April 2023
- 
- 
- 
Additions
71,917 
680 
72,597 
At 30 April 2024
71,917 
680 
72,597 
Depreciation
Charge for the period
10,788 
102 
10,890 
At 30 April 2024
10,788 
102 
10,890 
Net book value
At 30 April 2024
61,129 
578 
61,707 
5
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
(265)
Loans from directors
89,187 
88,922 
6
Share capital
2024 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
7
Average number of employees
During the period the average number of employees was 1.
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