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
FAIRMEADOWS SERVICES LIMITED
Company Information
for the period from 24 April 2023 to 30 April 2024
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
FAIRMEADOWS SERVICES LIMITED
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
10,170
Creditors: amounts falling due within one year
(88,922)
Net current liabilities
(78,752)
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
FAIRMEADOWS SERVICES LIMITED
Notes to the Accounts
for the period from 24 April 2023 to 30 April 2024
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.
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.
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:
Plant & machinery
15% reducing balance basis
Computer equipment
15% reducing balance basis
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.
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.
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
Additions
71,917
680
72,597
At 30 April 2024
71,917
680
72,597
Charge for the period
10,788
102
10,890
At 30 April 2024
10,788
102
10,890
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
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.