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Fairweigh Limited

Financial Statements for the Year Ended 31 March 2025






Fairweigh Limited (Registered number: 04313814)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fairweigh Limited

Company Information
for the year ended 31 March 2025







DIRECTOR: Mr J D Sage





SECRETARY: Mrs K A Sage





REGISTERED OFFICE: Units 4 & 5 Kimpton Enterprise Park
Claggy Road
Kimpton
Hertfordshire
SG4 8HP





REGISTERED NUMBER: 04313814 (England and Wales)





ACCOUNTANTS: Hargreaves Owen Ltd
Chartered Certified Accountants
Red Sky House
Fairclough Hall, Halls Green
Weston
Hertfordshire
SG4 7DP

Fairweigh Limited (Registered number: 04313814)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,483 32,643

CURRENT ASSETS
Debtors 5 47,928 42,834
Cash at bank 62,814 50,787
110,742 93,621
CREDITORS
Amounts falling due within one year 6 60,074 51,628
NET CURRENT ASSETS 50,668 41,993
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,151

74,636

PROVISIONS FOR LIABILITIES 8,269 8,269
NET ASSETS 66,882 66,367

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 66,880 66,365
SHAREHOLDERS' FUNDS 66,882 66,367

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Fairweigh Limited (Registered number: 04313814)

Balance Sheet - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 July 2025 and were signed by:





Mr J D Sage - Director


Fairweigh Limited (Registered number: 04313814)

Notes to the Financial Statements
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Fairweigh 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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

Fairweigh Limited (Registered number: 04313814)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024
and 31 March 2025 37,108 10,695 7,539 55,342
DEPRECIATION
At 1 April 2024 9,857 5,682 7,160 22,699
Charge for year 6,812 1,253 95 8,160
At 31 March 2025 16,669 6,935 7,255 30,859
NET BOOK VALUE
At 31 March 2025 20,439 3,760 284 24,483
At 31 March 2024 27,251 5,013 379 32,643

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 47,928 42,543
Tax - 291
47,928 42,834

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 8,163 3,607
Corporation tax 13,701 17,642
PAYE 4,538 270
VAT 17,904 18,620
Net wages 403 -
Directors' current accounts 8,244 1,124
Accrued expenses 7,121 10,365
60,074 51,628