BrightAccountsProduction v1.0.0 v1.0.0 2023-05-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The Trust is constituted under a trust deed dated 10 April 2005 and is a registered charity, number XR 81231.
The objects of the charity are the advancement of the Christian faith, the relief of poverty, the advancement of education and the relief of sick and disabled persons and the promotion of their physical and spiritual welfare.
24 April 2025 1 1
NI054595 2024-04-30 NI054595 2023-04-30 NI054595 2022-04-30 NI054595 2023-05-01 2024-04-30 NI054595 2022-05-01 2023-04-30 NI054595 uk-bus:CompanyLimitedByGuarantee 2023-05-01 2024-04-30 NI054595 uk-curr:PoundSterling 2023-05-01 2024-04-30 NI054595 uk-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 NI054595 uk-bus:AbridgedAccounts 2023-05-01 2024-04-30 NI054595 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 NI054595 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 NI054595 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-04-30 NI054595 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-04-30 NI054595 uk-bus:FRS102 2023-05-01 2024-04-30 NI054595 uk-core:CostValuation 2024-04-30 NI054595 2023-05-01 2024-04-30 NI054595 uk-bus:Director1 2023-05-01 2024-04-30 NI054595 uk-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company Registration Number: NI054595
 
 
Fairgreen Trust - The
(A company limited by guarantee, not having a share capital)
 
Abridged Unaudited Financial Statements
 
for the financial year ended 30 April 2024
Fairgreen Trust - The
(A company limited by guarantee, not having a share capital)
Company Registration Number: NI054595
ABRIDGED BALANCE SHEET
as at 30 April 2024

2024 2023
Notes £ £
 
Fixed Assets
Investments 4 636,057 636,057
───────── ─────────
 
Current Assets
Debtors 8,450 20,450
Cash and cash equivalents 35,382 1,166
───────── ─────────
43,832 21,616
───────── ─────────
───────── ─────────
Net Current Assets 43,832 21,616
───────── ─────────
Total Assets less Current Liabilities 679,889 657,673
═════════ ═════════
 
Reserves
Retained surplus 679,889 657,673
───────── ─────────
Equity attributable to owners of the company 679,889 657,673
═════════ ═════════
 
The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Directors' Report.
For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 24 April 2025 and signed on its behalf by
           
           
________________________________          
J Johnston          
Director          
           



Fairgreen Trust - The
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 30 April 2024

   
1. General Information
 
Fairgreen Trust - The is a company limited by guarantee incorporated and registered in Northern Ireland. The registered number of the company is NI054595. The registered office of the company is Lackaboy, Tempo Road, Enniskillen, Co Fermanagh, BT74 4RL. The Trust is constituted under a trust deed dated 10 April 2005 and is a registered charity, number XR 81231.
The objects of the charity are the advancement of the Christian faith, the relief of poverty, the advancement of education and the relief of sick and disabled persons and the promotion of their physical and spiritual welfare. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 April 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Income Statement in the financial year in which it is receivable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 1, (2023 - 1).
 
  2024 2023
  Number Number
 
Employees 1 1
  ═════════ ═════════
       
4. Investments
  Other Total
  investments  
     
Investments £ £
Cost
 
At 30 April 2024 636,057 636,057
  ───────── ─────────
Net book value
At 30 April 2024 636,057 636,057
  ═════════ ═════════
At 30 April 2023 636,057 636,057
  ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 30 April 2024.
   
6. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.