Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-272024-09-272023-04-01falsefalseBuying and selling of own real estate00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10161221 2023-04-01 2024-09-27 10161221 2022-04-01 2023-03-31 10161221 2024-09-27 10161221 2023-03-31 10161221 2022-04-01 10161221 c:Director1 2023-04-01 2024-09-27 10161221 d:CurrentFinancialInstruments 2024-09-27 10161221 d:CurrentFinancialInstruments 2023-03-31 10161221 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-27 10161221 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10161221 d:ShareCapital 2023-04-01 2024-09-27 10161221 d:ShareCapital 2024-09-27 10161221 d:ShareCapital 2022-04-01 2023-03-31 10161221 d:ShareCapital 2023-03-31 10161221 d:ShareCapital 2022-04-01 10161221 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-09-27 10161221 d:RetainedEarningsAccumulatedLosses 2024-09-27 10161221 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 10161221 d:RetainedEarningsAccumulatedLosses 2023-03-31 10161221 d:RetainedEarningsAccumulatedLosses 2022-04-01 10161221 c:FRS102 2023-04-01 2024-09-27 10161221 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-09-27 10161221 c:FullAccounts 2023-04-01 2024-09-27 10161221 c:PrivateLimitedCompanyLtd 2023-04-01 2024-09-27 10161221 e:PoundSterling 2023-04-01 2024-09-27 iso4217:GBP xbrli:pure

Registered number: 10161221









FAIRFIELD BOW LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 27 SEPTEMBER 2024

 
FAIRFIELD BOW LIMITED
REGISTERED NUMBER: 10161221

BALANCE SHEET
AS AT 27 SEPTEMBER 2024

27 September
31 March
2024
2023
Note
£
£

  

Current assets
  

Stocks
 4 
-
4

Debtors: amounts falling due within one year
 5 
26,149
35,759

  
26,149
35,763

Creditors: amounts falling due within one year
 6 
(34,249)
(42,588)

Net current liabilities
  
 
 
(8,100)
 
 
(6,825)

Total assets less current liabilities
  
(8,100)
(6,825)

  

Net liabilities
  
(8,100)
(6,825)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(8,200)
(6,925)

  
(8,100)
(6,825)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



Mohammed Adnan Imam
Director

Page 1

 
FAIRFIELD BOW LIMITED
REGISTERED NUMBER: 10161221
    
BALANCE SHEET (CONTINUED)
AS AT 27 SEPTEMBER 2024

Date: 25 June 2025

Page 2

 
FAIRFIELD BOW LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 27 SEPTEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2023
100
(6,925)
(6,825)


Comprehensive income for the period

Loss for the period

-
(1,275)
(1,275)


Other comprehensive income for the period
-
-
-


Total comprehensive income for the period
-
(1,275)
(1,275)


Total transactions with owners
-
-
-


At 27 September 2024
100
(8,200)
(8,100)


The notes on pages 5 to 7 form part of these financial statements.

Page 3

 
FAIRFIELD BOW LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 MARCH 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2022
100
(20)
80


Comprehensive income for the year

Loss for the year

-
(6,905)
(6,905)


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
(6,905)
(6,905)


Total transactions with owners
-
-
-


At 31 March 2023
100
(6,925)
(6,825)


The notes on pages 5 to 7 form part of these financial statements.

Page 4

 
FAIRFIELD BOW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 27 SEPTEMBER 2024

1.


General information

The company is a members limited liability company incorporated in the United Kingdom.
The registered address of the company is:
22 Gilbert Street
London
W1K 5HD
The company's principal activity is that of property development.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
2.2

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 5

 
FAIRFIELD BOW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 27 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).


4.


Stocks

27 September
31 March
2024
2023
£
£

Work in progress (goods to be sold)
-
4

-
4



5.


Debtors

27 September
31 March
2024
2023
£
£


Amounts owed by group undertakings
26,149
35,759

26,149
35,759


Page 6

 
FAIRFIELD BOW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 27 SEPTEMBER 2024

6.


Creditors: Amounts falling due within one year

27 September
31 March
2024
2023
£
£

Bank loans
33,754
42,588

Corporation tax
495
-

34,249
42,588



7.


Related party transactions

As at the year end the company owes from IPE Group (Holding) Ltd £29.149  (2023: £35,763)  the ultimate parent compny up until 15/09/2024. As of the reporting period, Mr. Mohammed Adnan Imam is the controlling party of the company by virtue of his shareholding.

 
Page 7