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REGISTERED NUMBER: 01887048 (England and Wales)














ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

FAIRFIELD LONDON LIMITED

FAIRFIELD LONDON LIMITED (REGISTERED NUMBER: 01887048)

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










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


FAIRFIELD LONDON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: Mr John Kelly





REGISTERED OFFICE: c/o Michael Filiou Ltd
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 01887048 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS

FAIRFIELD LONDON LIMITED (REGISTERED NUMBER: 01887048)

ABRIDGED BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 125,886 176,383
Cash at bank 308 380
126,194 176,763
CREDITORS
Amounts falling due within one year 2,663 2,974
NET CURRENT ASSETS 123,531 173,789
TOTAL ASSETS LESS CURRENT
LIABILITIES

123,531

173,789

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 123,431 173,689
SHAREHOLDERS' FUNDS 123,531 173,789

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 LONDON LIMITED (REGISTERED NUMBER: 01887048)

ABRIDGED BALANCE SHEET - continued
31 MAY 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 January 2025 and were signed by:





Mr John Kelly - Director


FAIRFIELD LONDON LIMITED (REGISTERED NUMBER: 01887048)

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


1. STATUTORY INFORMATION

Fairfield London 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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.

4. EMPLOYEES AND DIRECTORS

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

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other debtors 64,621 64,621

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

FAIRFIELD LONDON LIMITED (REGISTERED NUMBER: 01887048)

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


7. RELATED PARTY DISCLOSURES

Details of shareholders' current accounts are as below.

20242023
££
Mr John Kelly31,858 58,116
Mrs Anne Kelly29,407 53,646
Balance outstanding owed to the company at year end61,265 111,762

During the year, the director, Mr John Kelly, paid £1,422 costs for the company, and he and his wife, Mrs Anne Kelly, were entitled to dividends of £51,000. The company charged interest on their overdrawn current accounts at the official HMRC beneficial loan interest rate. The balances are disclosed in debtors due within one year.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr John Kelly.

The director, Mr John Kelly, is considered to be the ultimate controlling party by virtue of the fact that he owns 52% of the issued share capital of the company.