REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 |
FOR |
FAIRFIELD FREEHOLD LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 |
FOR |
FAIRFIELD FREEHOLD LIMITED |
FAIRFIELD FREEHOLD LIMITED (REGISTERED NUMBER: 04469919) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
FAIRFIELD FREEHOLD LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 JUNE 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
FAIRFIELD FREEHOLD LIMITED (REGISTERED NUMBER: 04469919) |
STATEMENT OF FINANCIAL POSITION |
30 JUNE 2024 |
2024 | 2023 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Income and expenditure account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The directors acknowledge their 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 surplus or deficit 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
FAIRFIELD FREEHOLD LIMITED (REGISTERED NUMBER: 04469919) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2024 |
1. | STATUTORY INFORMATION |
Fairfield freehold 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. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the amounts charged to leaseholders by way of maintenance charges, ground rent and insurance in the year. Such monies are expended on behalf of the leaseholders and any balances remaining are held in trust within the accordance of the appropriate sections of the Landlord and Tenants Act. |
Assets and liabilities |
The company owns the freehold reversionary interest of the property known as Fairfield, Sutton Avenue, Peacehaven, East Sussex, BN10 7NL, however the company makes no claim to the other assets and liabilities on the balance sheet. The company acts as a trustee through its directors on behalf of the leaseholders of the property, and all other assets and liabilities are recognised as being held in trust on behalf of said leaseholders in accordance with the appropriate sections of the Landlord and Tenants Act. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Prepayments |
5. | CASH AT BANK |
All maintenance charge monies collected but not expended are held in trust on behalf of the leaseholders in accordance with the appropriate sections of the Landlord and Tenants Act, at Barclays Bank PLC, under the title of "Fairfield Freehold Limited". The company makes no claim to the monies held in this account. |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Social security and other taxes |
Accrued expenses |
Deferred service charges |