Fairfield Mansions (Management) Company Limited

(Registration number: 02872616)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Current assets
Debtors	4	1,246	2,639
Cash at bank and in hand		6,659	4,902
		7,905	7,541
Creditors: Amounts falling due within one year	5	(1,565)	(1,170)
Total assets less current liabilities		6,340	6,371
Provisions for liabilities		(6,336)	(6,367)
Net assets		4	4
Capital and reserves
Called up share capital		4	4
Shareholders' funds		4	4

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Fairfield Mansions (Management) Company Limited

(Registration number: 02872616)
Balance Sheet as at 31 December 2024

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

......................................... R E Clarkson Director

Fairfield Mansions (Management) Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentational currency of these accounts is that of pound sterling (£).

Revenue recognition

Turnover represents the contributions from flat owners.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

Fairfield Mansions (Management) Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4

Debtors

Current	2024 £	2023 £
Prepayments	1,246	2,639
	1,246	2,639

5

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Accruals and deferred income	1,565	1,170