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Company Registration No. 12744150 (England and Wales)
FAIR EVER HOUSING LTD Unaudited accounts for the year ended 31 July 2024
FAIR EVER HOUSING LTD Unaudited accounts Contents
Page
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FAIR EVER HOUSING LTD Company Information for the year ended 31 July 2024
Directors
Min Chen Zonghui Guo
Company Number
12744150 (England and Wales)
Registered Office
1st Floorromer House 132 Lewisham High Street London SE13 6EE United Kingdom
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FAIR EVER HOUSING LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,177,389 
827,398 
Current assets
Debtors
- 
1,600 
Cash at bank and in hand
1,373 
1,321 
1,373 
2,921 
Creditors: amounts falling due within one year
(640,928)
(397,695)
Net current liabilities
(639,555)
(394,774)
Total assets less current liabilities
537,834 
432,624 
Creditors: amounts falling due after more than one year
(566,518)
(436,952)
Net liabilities
(28,684)
(4,328)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(28,686)
(4,330)
Shareholders' funds
(28,684)
(4,328)
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 15 December 2024 and were signed on its behalf by
Min Chen Director Company Registration No. 12744150
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FAIR EVER HOUSING LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
FAIR EVER HOUSING LTD is a private company, limited by shares, registered in England and Wales, registration number 12744150. The registered office is 1st Floorromer House, 132 Lewisham High Street, London, SE13 6EE, 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 year, 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 August 2023
827,398 
Additions
349,991 
At 31 July 2024
1,177,389 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
1,600 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
405 
- 
Other creditors
2,145 
- 
Loans from directors
636,478 
395,795 
Accruals
1,900 
1,900 
640,928 
397,695 
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FAIR EVER HOUSING LTD Notes to the Accounts for the year ended 31 July 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
566,518 
436,952 
Aggregate of amounts that fall due for payment after five years
585,402 
436,952 
Bank loan is secured on the investment properties of the company.
8
Average number of employees
During the year the average number of employees was 1 (2023: 0).
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