IRIS Accounts Production v24.3.0.553 11939986 director 1.5.23 30.4.24 30.4.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh119399862023-04-30119399862024-04-30119399862023-05-012024-04-30119399862022-04-30119399862022-05-012023-04-30119399862023-04-3011939986ns15:EnglandWales2023-05-012024-04-3011939986ns14:PoundSterling2023-05-012024-04-3011939986ns10:Director12023-05-012024-04-3011939986ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3011939986ns10:SmallEntities2023-05-012024-04-3011939986ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3011939986ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3011939986ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3011939986ns10:FullAccounts2023-05-012024-04-3011939986ns10:RegisteredOffice2023-05-012024-04-3011939986ns5:CurrentFinancialInstruments2024-04-3011939986ns5:CurrentFinancialInstruments2023-04-3011939986ns5:Non-currentFinancialInstruments2024-04-3011939986ns5:Non-currentFinancialInstruments2023-04-3011939986ns5:ShareCapital2024-04-3011939986ns5:ShareCapital2023-04-3011939986ns5:RetainedEarningsAccumulatedLosses2024-04-3011939986ns5:RetainedEarningsAccumulatedLosses2023-04-3011939986ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3011939986ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: 11939986 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

FAIRFIELD HORIZON LTD

FAIRFIELD HORIZON LTD (REGISTERED NUMBER: 11939986)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FAIRFIELD HORIZON LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: D Wilson





REGISTERED OFFICE: 56 Fairfield Road
Penarth
West Glamorgan
CF64 2SL





REGISTERED NUMBER: 11939986 (England and Wales)





ACCOUNTANTS: Cooper Parry Advisory Limited
The Lightbox
87 Castle Street
Reading
Berkshire
RG1 7SN

FAIRFIELD HORIZON LTD (REGISTERED NUMBER: 11939986)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment property 4 612,000 612,000

CURRENT ASSETS
Debtors 5 4,043 2,984
Cash at bank 33,566 69,406
37,609 72,390
CREDITORS
Amounts falling due within one year 6 116,815 115,862
NET CURRENT LIABILITIES (79,206 ) (43,472 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

532,794

568,528

CREDITORS
Amounts falling due after more than one
year

7

(411,753

)

(411,753

)

PROVISIONS FOR LIABILITIES (42,703 ) (32,454 )
NET ASSETS 78,338 124,321

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 78,238 124,221
78,338 124,321

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

FAIRFIELD HORIZON LTD (REGISTERED NUMBER: 11939986)

BALANCE SHEET - continued
30 APRIL 2024


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 Income Statement has not been delivered.

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





D Wilson - Director


FAIRFIELD HORIZON LTD (REGISTERED NUMBER: 11939986)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Fairfield Horizon Ltd 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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

FAIRFIELD HORIZON LTD (REGISTERED NUMBER: 11939986)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 May 2023
and 30 April 2024 612,000
NET BOOK VALUE
At 30 April 2024 612,000
At 30 April 2023 612,000

Fair value at 30 April 2024 is represented by:
£
Valuation in 2020 441,189
Valuation in 2022 170,811
612,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 4,043 2,984

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other creditors 116,815 115,862

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 411,753 411,753

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 411,753 411,753