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REGISTERED NUMBER: 10982567 (England and Wales)








REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

FAIRFIELD PROPERTY DEVELOPMENTS LIMITED

FAIRFIELD PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10982567)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024




Page

Company Information 1

Report of the Director 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 6


FAIRFIELD PROPERTY DEVELOPMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 October 2024







DIRECTOR: Mr S D Molyneaux





REGISTERED OFFICE: Britannic House
657 Liverpool Road
Irlam
Manchester
Greater Manchester
M44 5XD





BUSINESS ADDRESS: 106 Fairfield Road
Stockton Heath
Warrington
Cheshire
WA4 2BU





REGISTERED NUMBER: 10982567 (England and Wales)





ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD

FAIRFIELD PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10982567)

REPORT OF THE DIRECTOR
for the Year Ended 31 October 2024

The director presents his report with the financial statements of the company for the year ended 31 October 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of development of building projects

DIRECTOR
Mr S D Molyneaux held office during the whole of the period from 1 November 2023 to the date of this report.

His beneficial interest in the shares of the company, according to the register of directors' interests, was as follows:

31.10.24 1.11.23
Ordinary shares of £1.00 each 1 1

He did not hold any non-beneficial interests in the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr S D Molyneaux - Director


15 April 2025

FAIRFIELD PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10982567)

BALANCE SHEET
31 October 2024

31.10.24 31.10.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 17,128 24,071

CURRENT ASSETS
Debtors 5 100,000 50,000
Cash at bank 3,233 47,835
103,233 97,835
CREDITORS
Amounts falling due within one year 6 (37,354 ) (35,443 )
NET CURRENT ASSETS 65,879 62,392
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,007

86,463

CREDITORS
Amounts falling due after more than one
year

7

(2,173

)

(5,433

)

PROVISIONS FOR LIABILITIES (3,200 ) (4,507 )
NET ASSETS 77,634 76,523

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 77,633 76,522
SHAREHOLDERS' FUNDS 77,634 76,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 profit or loss 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.

FAIRFIELD PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10982567)

BALANCE SHEET - continued
31 October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2025 and were signed by:





Mr S D Molyneaux - Director


FAIRFIELD PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10982567)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Fairfield Property Developments 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

FAIRFIELD PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10982567)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 November 2023
and 31 October 2024 9,215 520 618 23,333 33,686
DEPRECIATION
At 1 November 2023 2,833 390 559 5,833 9,615
Charge for year 921 130 59 5,833 6,943
At 31 October 2024 3,754 520 618 11,666 16,558
NET BOOK VALUE
At 31 October 2024 5,461 - - 11,667 17,128
At 31 October 2023 6,382 130 59 17,500 24,071

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Amounts owed by participating interests 100,000 50,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 3,260 3,260
Taxation and social security 2,665 4,957
Other creditors 31,429 27,226
37,354 35,443

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans 2,173 5,433

8. RELATED PARTY DISCLOSURES

During the year, the company made sales of £7,500 (2023 : £50,150) to DMSH Developments Limited a company in which S Molyneaux is a director and shareholder.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr S D Molyneaux.