1 May 2023 false No description of principal activity Taxfiler 2024.6 14022629business:PrivateLimitedCompanyLtd2023-05-012024-04-30 140226292023-04-30 140226292023-05-012024-04-30 14022629business:AuditExempt-NoAccountantsReport2023-05-012024-04-30 14022629business:FilletedAccounts2023-05-012024-04-30 140226292024-04-30 14022629business:Director12023-05-012024-04-30 14022629business:RegisteredOffice2023-05-012024-04-30 140226292023-04-30 14022629core:WithinOneYear2024-04-30 14022629core:WithinOneYear2023-04-30 14022629core:AfterOneYear2024-04-30 14022629core:AfterOneYear2023-04-30 14022629core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 14022629core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 14022629core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 14022629core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 14022629core:PreviouslyStatedAmount2024-04-30 14022629core:PreviouslyStatedAmount2023-04-30 14022629business:SmallEntities2023-05-012024-04-30 14022629countries:EnglandWales2023-05-012024-04-30 14022629core:LandBuildings2023-05-012024-04-30 14022629core:FurnitureFittings2023-05-012024-04-30 14022629core:LandBuildings2023-04-30 14022629core:FurnitureFittings2023-04-30 14022629core:LandBuildings2024-04-30 14022629core:FurnitureFittings2024-04-30 140226292022-04-042023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 14022629 (England and Wales)
FAIRDEAL SECURITIES LTD Unaudited accounts for the year ended 30 April 2024
FAIRDEAL SECURITIES LTD Unaudited accounts Contents
Page
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FAIRDEAL SECURITIES LTD Company Information for the year ended 30 April 2024
Director
Vanita SHARMA
Company Number
14022629 (England and Wales)
Registered Office
175 WOLVERHAMPTON ROAD OLDBURY WEST MIDLANDS B68 0LR ENGLAND
Accountants
MJS BUSINESS MANAGEMENT SERVICES LTD 51 HEATHER ROAD BINLEY WOODS COVENTRY CV3 2DE
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FAIRDEAL SECURITIES LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
109,537 
112,096 
Current assets
Cash at bank and in hand
113 
381 
Creditors: amounts falling due within one year
(480)
(480)
Net current liabilities
(367)
(99)
Total assets less current liabilities
109,170 
111,997 
Creditors: amounts falling due after more than one year
(118,385)
(115,215)
Net liabilities
(9,215)
(3,218)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(9,217)
(3,220)
Shareholders' funds
(9,215)
(3,218)
For the year ending 30 April 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 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 28 January 2025 and were signed on its behalf by
Vanita SHARMA Director Company Registration No. 14022629
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FAIRDEAL SECURITIES LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
FAIRDEAL SECURITIES LTD is a private company, limited by shares, registered in England and Wales, registration number 14022629. The registered office is 175 WOLVERHAMPTON ROAD, OLDBURY, WEST MIDLANDS, B68 0LR, ENGLAND.
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.
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:
Land & buildings
50 years straight line
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
112,215 
2,500 
114,715 
At 30 April 2024
112,215 
2,500 
114,715 
Depreciation
At 1 May 2023
2,244 
375 
2,619 
Charge for the year
2,244 
315 
2,559 
At 30 April 2024
4,488 
690 
5,178 
Net book value
At 30 April 2024
107,727 
1,810 
109,537 
At 30 April 2023
109,971 
2,125 
112,096 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
480 
480 
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FAIRDEAL SECURITIES LTD Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
74,965 
74,965 
Loans from directors
43,420 
40,250 
118,385 
115,215 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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