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REGISTERED NUMBER: 06516544 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

FAIRFIELD HOMES LIMITED

FAIRFIELD HOMES LIMITED (REGISTERED NUMBER: 06516544)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FAIRFIELD HOMES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: N A Shepherd





REGISTERED OFFICE: Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH





REGISTERED NUMBER: 06516544 (England and Wales)





ACCOUNTANTS: Staffords
Chartered Accountants
Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH

FAIRFIELD HOMES LIMITED (REGISTERED NUMBER: 06516544)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,492 17,801

CURRENT ASSETS
Debtors 5 2,654 4,643
Cash at bank 421,888 575,272
424,542 579,915
CREDITORS
Amounts falling due within one year 6 3,642 102,051
NET CURRENT ASSETS 420,900 477,864
TOTAL ASSETS LESS CURRENT
LIABILITIES

431,392

495,665

CAPITAL AND RESERVES
Called up share capital 7 65 65
Capital redemption reserve 8 35 35
Retained earnings 8 431,292 495,565
SHAREHOLDERS' FUNDS 431,392 495,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2024 and were signed by:



N A Shepherd - Director


FAIRFIELD HOMES LIMITED (REGISTERED NUMBER: 06516544)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Fairfield Homes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 50% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 34,000 11,066 4,682 49,748
Additions - 41 70 111
At 31 March 2024 34,000 11,107 4,752 49,859
DEPRECIATION
At 1 April 2023 17,000 10,555 4,392 31,947
Charge for year 6,800 295 325 7,420
At 31 March 2024 23,800 10,850 4,717 39,367
NET BOOK VALUE
At 31 March 2024 10,200 257 35 10,492
At 31 March 2023 17,000 511 290 17,801

FAIRFIELD HOMES LIMITED (REGISTERED NUMBER: 06516544)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,654 4,643

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 807
Taxation and social security - 82,909
Other creditors 3,642 18,335
3,642 102,051

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
65 Ordinary £1.00 65 65

8. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 April 2023 495,565 35 495,600
Deficit for the year (8,373 ) (8,373 )
Dividends (55,900 ) (55,900 )
At 31 March 2024 431,292 35 431,327

9. RELATED PARTY DISCLOSURES

There were no material related party transactions not considered by the directors to have taken place under normal market conditions.