1 March 2023 true No description of principal activity Taxfiler 2024.5 11813974business:PrivateLimitedCompanyLtd2023-03-012024-02-28 118139742023-02-28 11813974business:EntityNoLongerTradingButTradedInPast2023-03-012024-02-28 118139742023-03-012024-02-28 11813974business:AuditExemptWithAccountantsReport2023-03-012024-02-28 11813974business:FilletedAccounts2023-03-012024-02-28 118139742024-02-28 11813974business:Director12023-03-012024-02-28 11813974business:RegisteredOffice2023-03-012024-02-28 118139742023-02-28 11813974core:WithinOneYear2024-02-28 11813974core:WithinOneYear2023-02-28 11813974core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 11813974core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 11813974core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 11813974core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 11813974core:PreviouslyStatedAmount2024-02-28 11813974core:PreviouslyStatedAmount2023-02-28 11813974business:SmallEntities2023-03-012024-02-28 11813974countries:EnglandWales2023-03-012024-02-28 11813974core:FurnitureFittings2023-03-012024-02-28 11813974core:FurnitureFittings2023-02-28 11813974core:FurnitureFittings2024-02-28 118139742022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 11813974 (England and Wales)
FAIRPLACE LTD Unaudited accounts for the period from 1 March 2023 to 28 February 2024
FAIRPLACE LTD Unaudited accounts Contents
Page
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FAIRPLACE LTD Company Information for the period from 1 March 2023 to 28 February 2024
Director
OLISAEMEKA CHUKWUKA ONWUTALU
Company Number
11813974 (England and Wales)
Registered Office
99B MEDIAN ROAD LONDON E5 0PN UNITED KINGDOM
Accountants
TL LEADS ACCOUNTANCY LTD 124 CITY ROAD LONDON EC1V 2NX
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FAIRPLACE LTD Accountants' report
Accountants' report to the director of FAIRPLACE LTD on the preparation of the unaudited statutory accounts for the period from 1 March 2023 to 28 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FAIRPLACE LTD for the period from 1 March 2023 to 28 February 2024 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of FAIRPLACE LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of FAIRPLACE LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FAIRPLACE LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that FAIRPLACE LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of FAIRPLACE LTD. You consider that FAIRPLACE LTD is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of FAIRPLACE LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TL LEADS ACCOUNTANCY LTD 124 CITY ROAD LONDON EC1V 2NX 2 November 2024
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FAIRPLACE LTD Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,693 
1,693 
Creditors: amounts falling due within one year
(3,293)
(3,293)
Net current liabilities
(3,293)
(3,293)
Net liabilities
(1,600)
(1,600)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(1,601)
(1,601)
Shareholders' funds
(1,600)
(1,600)
For the period ending 28 February 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 2 November 2024 and were signed on its behalf by
OLISAEMEKA CHUKWUKA ONWUTALU Director Company Registration No. 11813974
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FAIRPLACE LTD Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
FAIRPLACE LTD is a private company, limited by shares, registered in England and Wales, registration number 11813974. The registered office is 99B MEDIAN ROAD, LONDON, E5 0PN, 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 remained unchanged from the previous period, and also 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:
Fixtures & fittings
25%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
1,693 
At 28 February 2024
1,693 
Depreciation
At 28 February 2024
- 
Net book value
At 28 February 2024
1,693 
At 28 February 2023
1,693 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,293 
3,293 
6
Average number of employees
During the period the average number of employees was 0 (2023: 0).
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