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REGISTERED NUMBER: 12201477 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

FAIRFIELD REAL ESTATE LIMITED

FAIRFIELD REAL ESTATE LIMITED (REGISTERED NUMBER: 12201477)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 4

FAIRFIELD REAL ESTATE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: M A K Styles
Dr H Styles
Miss O Styles





REGISTERED OFFICE: Flat 30
Eden Point
87 Rectory Grove
Leigh on Sea
Essex
SS9 2BF





REGISTERED NUMBER: 12201477 (England and Wales)





ACCOUNTANTS: Goldwyns Limited
Chartered Accountants
Rutland House
90-92 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ

FAIRFIELD REAL ESTATE LIMITED (REGISTERED NUMBER: 12201477)

ABRIDGED BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 3,683,729 3,684,062
Cash in hand 100 100
3,683,829 3,684,162
CREDITORS
Amounts falling due within one year 3,398,839 3,399,172
NET CURRENT ASSETS 284,990 284,990
TOTAL ASSETS LESS CURRENT
LIABILITIES

284,990

284,990

CAPITAL AND RESERVES
Called up share capital 4 100 100
Retained earnings 284,890 284,890
SHAREHOLDERS' FUNDS 284,990 284,990

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

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

The directors acknowledge their 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.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2025 and were signed on its behalf by:





M A K Styles - Director


FAIRFIELD REAL ESTATE LIMITED (REGISTERED NUMBER: 12201477)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Fairfield Real Estate 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.

Going concern
On 31 August 2022, the company transferred all of its assets and hence activities to Fairfield Garage (Leigh on Sea) Limited, another group company at that time and hence thereafter there has been no activity in the company.

Consequently, the company's accounts have been prepared on the basis the company is no longer a going concern, and all assets and liabilities carried forward at their expected recoverable or settlement value. No material adjustments arose solely as a consequence of ceasing to apply the going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1.00 100 100

5. CONTINGENT LIABILITIES

Fairfield Limited and its subsidiaries (Fairfield Real Estate Limited and Fairfield Investment Properties Limited) have jointly entered into a VAT group and a corporation tax group payment arrangement. Fairfield Investment Properties Limited is the representative member for both taxes. Members of the VAT group are jointly and severally liable for the debts of any party within it, whilst members of the corporation tax group only implicitly bear financial obligations of their associates.

The tax grouping arrangements were undertaken to ease the administrative burden of all parties involved. Other than the timing of payments, it is estimated there is no financial effect (positive or negative) to any party and in the unlikely event one party found itself bearing the cost of another it is anticipated the loss would be reimbursed accordingly.

6. RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed £284,891 (2023 - owed £285,223) by other group companies.


7. ULTIMATE PARENT COMPANY

The company's ultimate parent undertaking at the balance sheet was Fairfield Limited, a company incorporated in England. The company's registered address is the same as Fairfield Real Estate Limited and can be found on the company information page.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
FAIRFIELD REAL ESTATE LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fairfield Real Estate Limited for the year ended 31 December 2024 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Fairfield Real Estate Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Fairfield Real Estate Limited and state those matters that we have agreed to state to the Board of Directors of Fairfield Real Estate Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fairfield Real Estate Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Fairfield Real Estate Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fairfield Real Estate Limited. You consider that Fairfield Real Estate Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Fairfield Real Estate Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Goldwyns Limited
Chartered Accountants
Rutland House
90-92 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ


15 July 2025