Company Registration No. 11491048 (England and Wales)
FAIRDEAL TRADING LIMITED
Unaudited accounts
for the period from 1 June 2023 to 30 May 2024
FAIRDEAL TRADING LIMITED
Unaudited accounts
Contents
FAIRDEAL TRADING LIMITED
Company Information
for the period from 1 June 2023 to 30 May 2024
Director
Muneer AHMED MEMON
Company Number
11491048 (England and Wales)
Registered Office
Unit 10g 2nd Floor Middle Building
4 Raven Road, Southwood Ford
London
E18 1HB
England
Accountants
Certax Accounting (Fitzrovia) Limited
85
Tottenham Court Road
London
W1T 4TQ
FAIRDEAL TRADING LIMITED
Statement of financial position
as at 30 May 2024
Inventories
74,383
118,487
Cash at bank and in hand
16,780
12,173
Creditors: amounts falling due within one year
(114,281)
(124,549)
Net current assets
106,918
136,544
Total assets less current liabilities
106,918
159,700
Creditors: amounts falling due after more than one year
(33,033)
(38,122)
Called up share capital
200,000
200,000
Profit and loss account
(126,115)
(78,422)
Shareholders' funds
73,885
121,578
For the period ending 30 May 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 13 April 2025 and were signed on its behalf by
Muneer AHMED MEMON
Director
Company Registration No. 11491048
FAIRDEAL TRADING LIMITED
Notes to the Accounts
for the period from 1 June 2023 to 30 May 2024
FAIRDEAL TRADING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11491048. The registered office is Unit 10g 2nd Floor Middle Building, 4 Raven Road, Southwood Ford, London, E18 1HB, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2023
14,179
6,700
978
1,299
23,156
Disposals
(14,179)
(6,700)
(978)
(1,299)
(23,156)
At 31 May 2023
14,179
6,700
978
1,299
23,156
Amounts falling due within one year
Trade debtors
84,336
77,433
Accrued income and prepayments
45,700
53,000
FAIRDEAL TRADING LIMITED
Notes to the Accounts
for the period from 1 June 2023 to 30 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,320
-
Loans from directors
98,500
133,500
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
-
433
Allotted, called up and fully paid:
200,000 Ordinary Shares of £1 each
200,000
200,000
9
Average number of employees
During the period the average number of employees was 2 (2023: 2).