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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
Page
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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
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FAIRDEAL TRADING LIMITED Statement of financial position as at 30 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
23,156 
Current assets
Inventories
74,383 
118,487 
Debtors
130,036 
130,433 
Cash at bank and in hand
16,780 
12,173 
221,199 
261,093 
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)
Net assets
73,885 
121,578 
Capital and reserves
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
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FAIRDEAL TRADING LIMITED Notes to the Accounts for the period from 1 June 2023 to 30 May 2024
1
Statutory information
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.
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 period, 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:
4
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 30 May 2024
- 
- 
- 
- 
- 
Depreciation
At 30 May 2024
- 
- 
- 
- 
- 
Net book value
At 30 May 2024
- 
- 
- 
- 
- 
At 31 May 2023
14,179 
6,700 
978 
1,299 
23,156 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
84,336 
77,433 
Accrued income and prepayments
45,700 
53,000 
130,036 
130,433 
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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 
£ 
£ 
VAT
6,368 
(8,951)
Taxes and social security
1,320 
- 
Other creditors
8,093 
- 
Loans from directors
98,500 
133,500 
114,281 
124,549 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
33,033 
37,689 
Taxes and social security
- 
433 
33,033 
38,122 
8
Share capital
2024 
2023 
£ 
£ 
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).
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